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$620,000

NAL Estimated Property Value

1808 Idlewood Ln, Prosper, TX, 75078

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,110 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.6 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringWood

Exterior

Exterior FeaturesGas Grill, Rain Gutters, Outdoor Kitchen, Outdoor Grill
Lot Size5,989 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12419-00K-0090-1
Lot Number9
SubdivisionLight Farms Laurel Neighborhood Phase 1
Land UseResidential
Legal DescriptionLIGHT FARMS LAUREL NEIGHBORHOOD PHASE 1 (CCL), BLK K, LOT 9; (SEE R-12419-00K-0090-W FOR MUD ONLY ACCOUNT)
Census Tract030306
Assessed Land Value$185,000
Assessed Improvement Value$435,000
Assessment Year2025

About this property

North-facing lot in the highly desirable Light Farms community of Prosper. Built in 2022 by award-wining Toll Brothers, this modern single-story home features an open floor plan designed for functionality and flow. Interior highlights include soaring ceilings, abundant natural light, and premium finishes. The kitchen offers a large island, sleek cabinetry, stainless steel appliances, and connects seamlessly to the dining and living areas, making it suitable for both daily living and entertaining. The primary suite includes a spa-style bath and a generous closet, and additional rooms provide flexibility for guests, an office, or multipurpose use. The home also offers a covered patio, low-maintenance yard with modern landscaping, an attached two-car garage, and energy-efficient construction. Perfect location is just a few houses down from a park with a playground as well as Boyer Elementary and near Reynolds Middle School and Prosper High School. Conveniently located near Frontier Park and H-E-B, with easy access to shopping, dining, parks, and major thoroughfares while offering the serenity of the Light Farms community. Schedule a showing to experience this turnkey property.

Investor Tools

Property Icon
$620,000
Estimated Property Value
$453,425Estimated Mortgage Balance
$166,575Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,720 /month
Positive
Cash Flow Estimate:
$1,240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$856/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,172
$620,000
2025
$185,000
$435,000
$620,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,172
$620,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Unknown
$455,400
No
First
Feb 6, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$453,425
$166,575
26%
73%
$2,731/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$2,856/mo
$-206/mo
5.1%

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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