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$725,000

1809 Commons Way, Prosper, TX, 75078

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,702 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.84 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size8,102 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR667830
Lot Number14
SubdivisionArtesia North Phase 1a
Land UseResidential
Legal DescriptionARTESIA NORTH PHASE 1A BLK G LOT 14
Census Tract020128
Assessed Land Value$145,535
Assessed Improvement Value$542,647
Assessment Year2025

About this property

Mulltiple offers received....deadline is Thursday, March 30 at 6:00 PM. This rare and highly desireable Highland Home is situated within minutes of the new PGA Golf Course Headquarters as well as the newly constructed North Texas University, Medical Offices and soon to be Universal Studios. This open floorplan features 5 bedrooms(2 down; 3 up), 4 full baths, office, dining room, extra storage room, media room, gameroom and an additional upstairs flex room between 2 bedrooms. Includes also a stacked 3 car garage. Kitchen features double ovens, gas cook top, microvave, oversize island and adjacent breakfast nook. Abundance of cabinet space and countertop area with walk-in pantry that opens to family room. High ceilings throughtout first floor. Master bath includes dual sinks, separate shower and tub with huge walk-in closet. Additional features include huge backyard with covered patio, cedar fence, full sprinkler system and professionally landscaped.

Investor Tools

Property Icon
$714,000
Estimated Property Value
$300,000Estimated Mortgage Balance
$416,175Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$914/month
$332/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,402
$688,182
2025
$145,535
$542,647
$688,182
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,402
$688,182

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$300,000
No
First
Dec 10, 2025
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,825
$416,175
58%
42%
$1,799/mo

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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1809 Commons Way | Property Details | No Agent List