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$2,478,364

NAL Estimated Property Value

1840 Tranquility Ct, Prosper, TX, 75078

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,783 Sq Ft
price_per_sqft$414.14 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesDishwasher, Disposal, Electric Oven, Ice Maker, Convection Oven, Refrigerator

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Dog Run, Rain Gutters, Lighting
Lot Size1.05 acres

Building Information

Year Built2017
Stories1
Garage Spaces6

Land Information

APNR-11142-00A-0220-1
Lot Number22
SubdivisionChristie Farms Phase 2 (Cpr)
Land UseResidential
Legal DescriptionCHRISTIE FARMS PHASE 2 (CPR), BLK A, LOT 22
Census Tract030302
Assessed Land Value$421,600
Assessed Improvement Value$2,056,764
Assessment Year2025

About this property

Welcome to 1840 Tranquility Ct! Situated in the prestigious gated community of Christie Farms in Prosper, this stunning single story custom-built 2018 estate by Dave R. Williams spans over 5,783 sq. ft. on an acre-plus corner lot. This luxurious home features 5 spacious bedrooms, each with an ensuite bath, plus an additional half bath for guests and poolside convenience. Upon entry, you'll be greeted by expansive windows, large sliding doors, soaring ceilings, and elegant high-end finishes, including natural hardwood floors and architectural wood beams. The chef’s kitchen is a culinary dream, boasting a 36in Wolf range, Wolf wall and convection ovens, a 60in SubZero refrigerator, natural stone countertops, and custom cabinetry. Enjoy meals in the breakfast nook or formal dining room, perfect for hosting gatherings. The owner's retreat offers a grand bedroom, spa-like bathroom, and a massive walk-in closet. Additional interior spaces include a custom home office, game room, fully equipped media room, and 6 person storm shelter. The property features 4 oversized attached garages and a climate-controlled detached 2-car garage, providing space for six vehicles. The concrete tiled roof is outfitted with solar panels that have the ability to power the entire home. The outdoor living is exceptional with over 1,000sf of covered space, a fully equipped outdoor kitchen, retractable drop down screens, a resort-style heated pool and spa, and ample room for recreation. Located in Prosper ISD, this home is zoned for Cockrell Elementary, Rodgers Middle School, and Walnut Grove High School.

Investor Tools

Property Icon
$2,478,364
Estimated Property Value
$0Estimated Mortgage Balance
$2,478,364Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,870 /month
Positive
Cash Flow Estimate:
$4,957 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,601/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,817
$2,478,364
2025
$421,600
$2,056,764
$2,478,364
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30,817
$2,478,364

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,478,364
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$575/mo
+$2,875/mo
1.7%

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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1840 Tranquility Ct | Property Details | No Agent List