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$603,000

2209 Richmond Park Ln, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,809 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.26 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,623 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR704512
Lot Number14
SubdivisionArtesia North Phase 2
Land UseResidential
Legal DescriptionARTESIA NORTH PHASE 2 BLK T LOT 14
Census Tract020128
Assessed Land Value$144,528
Assessed Improvement Value$501,250
Assessment Year2025

About this property

Built by Highland Homes in Prosper ISD! This well-maintained single story home features a spacious, open-concept layout connecting the family room, kitchen, and dining areas. The bright and airy study is perfect for working from home. Includes two oversized bedrooms with private baths, a separate guest suite, and quality finishes throughout. Covered patio with a built-in grill plus a low-maintenance turf yard. Situated on an oversized lot with a 3-car garage. Walking distance to community amenities: two pools, splash pad, clubhouse, fitness center, outdoor pavilion, trails, parks, dog park, and playgrounds. Convenient access to PGA Omni Resort, DNT, Costco, dining, and shopping. Extra features: Water softener and electric car charging station.

Investor Tools

Property Icon
$603,000
Estimated Property Value
$564,750Estimated Mortgage Balance
$48,195Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$977/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$596,176
2025
$144,528
$501,250
$645,778
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$596,176

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$564,750
No
First
May 30, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$554,805
$48,195
7%
92%
$3,386/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$3,786/mo
$-336/mo
6.9%

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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2209 Richmond Park Ln | Property Details | No Agent List