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$517,496

16509 Millenium Park Pl, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,704 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.88 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size6,186 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR679056
Lot Number26
SubdivisionArtesia North Phase 4
Land UseResidential
Legal DescriptionARTESIA NORTH PHASE 4 BLK A LOT 26
Census Tract020128
Assessed Land Value$129,896
Assessed Improvement Value$437,134
Assessment Year2025

About this property

Small price refresh after brief showing delay due to seller availability. Meticulously maintained single-owner Lennar home in sought-after Artesia and Prosper ISD. This two-story offers 4 bedrooms, 3.5 baths, dedicated home office, media room, and upstairs loft. The open main living area is filled with natural light and additional windows light up the kitchen's features; granite countertops, stainless steel appliances, walk-in pantry, and abundant cabinet storage. The private primary suite is tucked away on the 1st floor and features a spa-like bath with dual sinks, separate shower, soaking tub, and oversized walk-in closet. The covered backyard patio protects from sun while grilling or relaxing. Upstairs, each bedroom offers generous space and its own walk-in closet. The upstairs loft provides flexible living space connecting to the media room or second office. Enjoy privacy with no backyard neighbors and easy access to community amenities including two pools, clubhouse, dog park, fitness center, walking trails and multiple parks. Zoned for Prosper ISD’s brand-new Richland High School, located directly across from the neighborhood entrance. Additional highlights include a separate utility room, ample storage, finished garage including storage racks. and convenient location near PGA, DNT, and 380 dining, shopping, and entertainment. This home blends comfort, functionality, and location in one of Prosper’s most desirable communities. Welcome home!

Investor Tools

Property Icon
$517,496
Estimated Property Value
$341,250Estimated Mortgage Balance
$208,245Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,324 /month
Positive
Cash Flow Estimate:
$1,108 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$633/month
$332/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,013
$517,496
2025
$129,896
$437,134
$567,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,013
$517,496

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
E Mortgage Capital Inc
Conventional
$341,250
No
First
Jun 16, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,251
$208,245
40%
60%
$2,046/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$2,378/mo
+$1,072/mo
8.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Prosper

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16509 Millenium Park Pl | Property Details | No Agent List