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$1,499,000

$1,525,000

2140 Elm Terrace Ln, Prosper, TX, 75078

On MarketInfo
Price DropInfo
Beds5 Beds
Baths6 Bath
Baths4,441 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$337.54 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 2Bathrooms Half 2
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Microwave, Double Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size12,589 sqft

Building Information

Year Built2018
Stories2
Garage Spaces3

Land Information

APNR-11363-00E-0050-1
Lot Number5
SubdivisionParkside (Cpr)
Land UseResidential
Legal DescriptionPARKSIDE (CPR), BLK E, LOT 5
Census Tract030303
Assessed Land Value$294,000
Assessed Improvement Value$1,029,793
Assessment Year2025

About this property

STUNNING HUNTINGTON HOME IN THE PRESTIGIOUS, GATED NEIGHBORHOOD OF PARKSIDE ESTATES! This meticulously cared-for, one-owner home has 5 bedrooms, 7 baths, and no detail has been overlooked. Experience open-concept living with vaulted ceilings, upgraded wood beams, extensive wood floors, plantation shutters, walls of windows, and a stone fireplace. A desirable and rare layout places the primary suite and three additional bedrooms—all with private ensuite baths—on the first floor. The handsome study is a perfect retreat, featuring a vaulted beamed ceiling, plantation shutters, and extensive built-ins. Movie nights are a must in the fantastic FIRST-FLOOR media room! The upstairs is complete with a game room, a wet bar, and a fifth bedroom with its own private bath. The gourmet kitchen is a chef's delight, featuring a built-in fridge, a coffee bar, a rounded breakfast bar island, double ovens, a commercial-grade stove, glass-front display cabinets, planning desk and a walk-in pantry. Retreat to the luxurious primary suite, which boasts a barrel ceiling, plantation shutters, his-and-hers vanities, a freestanding tub, and a walk-in closet with built-in custom cabinets. Outdoor entertaining is a joy with two separate spaces: a large covered back patio with an outdoor fireplace and retractable screens, and a charming courtyard with another fireplace just off the kitchen, a perfect gathering spot for family and friends. The home includes plenty of storage and a 3-car garage with a bricked driveway. Zoned for the highly acclaimed Prosper ISD and Walnut Grove High School. Parkside offers wonderful walking trails and has NO PID or MUD tax.

Investor Tools

$0Estimated Mortgage Balance
$1,323,793Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,994 /month
Positive
Cash Flow Estimate:
$2,998 /month

Interested in this property?

Nancy Floyd

Keller Williams Prosper Celina

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,145/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,115
$1,323,793
2025
$294,000
$1,029,793
$1,323,793
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,115
$1,323,793

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,323,793
100%
0%
$0/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.

Explore Texas Explore This Area
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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2140 Elm Terrace Ln | Property Details | No Agent List