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$562,000

NAL Estimated Property Value

1640 Lakemere Dr, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,510 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.27 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
FlooringTile, Wood

Building Information

Year Built2009
Stories1
Garage Spaces2

Land Information

APNR-8708-00D-0150-1
Lot Number15
SubdivisionChapel Hill (Cpr)
Land UseResidential
Legal DescriptionCHAPEL HILL (CPR), BLK D, LOT 15
Census Tract030303
Assessed Land Value$170,000
Assessed Improvement Value$376,625
Assessment Year2025

About this property

Beautiful Home in the La Cima community of Prosper! With spacious living areas, rooms and a nice backyard and patio this is the perfect home for you!

Investor Tools

Property Icon
$562,000
Estimated Property Value
$321,286Estimated Mortgage Balance
$240,714Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,372 /month
Positive
Cash Flow Estimate:
$1,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,309/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,898
$546,625
2025
$170,000
$376,625
$546,625
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,898
$546,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Unknown
$336,000
No
First
Dec 12, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,286
$240,714
42%
57%
$2,015/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$2,015/mo
+$1,435/mo
7.4%

City: Prosper

1640 Lakemere Dr | Property Details | No Agent List