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$1,075,000

1941 Star Trace Pkwy, Prosper, TX, 75078

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths3,363 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$319.66 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Vented Exhaust Fan

Exterior

Private PoolPrivate Pool
Lot Size11,761 sqft

Building Information

Year Built2021
Stories1
Garage Spaces3

Land Information

APNR-12076-0HH-0080-1
Lot Number8
SubdivisionStar Trail Phase Five (Cpr)
Land UseResidential
Legal DescriptionSTAR TRAIL PHASE FIVE (CPR), BLK HH, LOT 8
Census Tract030304
Assessed Land Value$275,000
Assessed Improvement Value$825,016
Assessment Year2025

About this property

BACK ON THE MARKET JUST FOR YOU! Welcome to 1941 Star Trace Parkway, an exceptional luxury residence located in the highly sought after community of Star Trail in Prosper, Texas. Offering a rare opportunity in today's market, this home includes owner financing available at an interest rate below current market mortgage rates, creating a unique advantage for qualified buyers seeking luxury living with more favorable financing terms. This stunning single story home perfectly blends sophisticated design, everyday functionality, and resort style outdoor living. Featuring 4 spacious bedrooms, 3 beautifully designed bathrooms, a dedicated office, and an immersive media room, the thoughtfully designed layout is ideal for both entertaining and comfortable daily living. Every secondary bedroom includes its own walk in closet, while the luxurious primary suite features dual walk in closets and a spa inspired atmosphere that creates the perfect private retreat. Step outside to your own backyard oasis complete with a resort style pool, cabana, low maintenance turf, and an expansive outdoor living area featuring a fireplace and built in grill. Whether hosting guests or enjoying a quiet evening at home, this outdoor space was designed to impress year round. Inside, the chef inspired kitchen is complemented by a large pantry and oversized utility room with space for an additional refrigerator. The epoxy coated 3 car garage adds both durability and style. Located in one of Prosper's premier luxury communities, Star Trail offers incredible amenities and future direct access to the newly constructed toll road, providing exceptional convenience throughout DFW. Luxury, comfort, convenience, and opportunity come together beautifully at 1941 Star Trace Parkway.

Investor Tools

$253,126Estimated Mortgage Balance
$847,638Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,681/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,667
$1,100,016
2025
$275,000
$825,016
$1,100,016
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,667
$1,100,016

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Credit Line (Revolving) / Heloc
$254,975
No
First
Jan 30, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,126
$860,874
77%
23%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$1,909/mo
+$1,541/mo
3.8%

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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1941 Star Trace Pkwy | Property Details | No Agent List