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$366,000

NAL Estimated Property Value

208 S LANE Street, Prosper, TX, 75078

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,170 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.04 / sqft
Year BuiltBuilt in 1915

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size8,276 sqft

Building Information

Year Built1915
Stories1
Roof Type105

Land Information

APNR-6147-007-0370-1
Lot Number37
SubdivisionCollin County School Land #12 Survey
Land UseResidential
Legal DescriptionABS A0147 COLLIN COUNTY SCHOOL LAND #12 SURVEY, SHEET 7, TRACT 37, .19 ACRES
Census Tract030304
Assessed Land Value$166,250
Assessed Improvement Value$184,604
Assessment Year2025

About this property

Welcome Home! One Story Home in The Heart of Downtown Prosper. You will love this updated country charm, 3 bedroom, 1 bath home built in 1915. Situated on a .20 acre fenced lot with no HOA. Covered front and back porch to enjoy your coffee. The kitchen offers plenty of custom cabinets for storage, farmhouse sink, granite counters, subway back splash and refrigerator. The bathroom has been updated and HVAC has been replaced. Fresh paint, new carpet and crown molding throughout. This home is conveniently located near the Gates of Prosper, for lots of shopping, dining and entertainment. Great for first time home buyers or use for an investment. Move-in ready condition. Walking distance to Prosper ISD schools.

Investor Tools

Property Icon
$366,000
Estimated Property Value
$0Estimated Mortgage Balance
$366,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,462/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,711
$350,854
2025
$166,250
$184,604
$350,854
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$15,711
$350,854

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$366,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
N/A
+$2,650/mo
8.7%

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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208 S LANE Street | Property Details | No Agent List