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$745,000

221 Chapel Hill Dr, Prosper, TX, 75078

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,182 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.13 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Other
FlooringCarpet, Other, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Built-in Barbecue, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard, Other, Garden

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8708-00B-0070-1
Lot Number7
SubdivisionChapel Hill (Cpr)
Land UseResidential
Legal DescriptionCHAPEL HILL (CPR), BLK B, LOT 7
Census Tract030303
Assessed Land Value$161,500
Assessed Improvement Value$490,934
Assessment Year2025

About this property

Set within the coveted community of Prosper, 221 Chapel Hill Drive delivers an exceptional blend of timeless elegance and serene livability. From its striking curb appeal to its beautifully composed interior and exterior, every element feels intentional—creating a home suited for quiet moments, effortless entertaining, and everything in between. Step inside to discover an open, light-filled layout created for both everyday comfort and functionality. Generous living spaces flow seamlessly throughout the home, offering an ideal balance of sophistication and warmth. The kitchen serves as a natural gathering place, providing a continuous connection with the main living and dining areas while providing the space and functionality to accommodate everything from casual mornings to memorable celebrations. The private primary suite offers a relaxing retreat with ample space to unwind, while additional bedrooms provide flexibility for multi-generational households, guests, a home office, or hobbies. Thoughtful details throughout enhance the home's polished yet welcoming atmosphere. At the same time, the backyard extends the living experience, complete with a sparkling private pool, an outdoor kitchen and covered patio, perfect for hosting summer festivities with room to relax, entertain, and enjoy the Texas sunshine in your very own outdoor oasis. Ideally situated minutes away from Preston Rd, this home offers the opportunity to enjoy a beautifully designed sanctuary in a community known for its vibrant lifestyle and convenient access to shopping, dining, entertainment, and major thoroughfares, including the Dallas North Tollway, US-380, and nearby destinations such as Fields West, PGA Headquarters, Universal Studios, and many more. This is more than a place to call home—it is a setting designed for the way you want to live. Schedule your private showing and experience tranquility today!

Investor Tools

Property Icon
$652,434
Estimated Property Value
$493,200Estimated Mortgage Balance
$178,500Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,470 /month
Positive
Cash Flow Estimate:
$1,490 /month

Interested in this property?

Natalie Martinez

Mark Spain Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$997/month
$528/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,699
$652,434
2025
$161,500
$490,934
$652,434
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,699
$652,434

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$493,200
No
First
May 9, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$475,476
$176,958
27%
73%
$2,957/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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221 Chapel Hill Dr | Property Details | No Agent List