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$1,374,000

NAL Estimated Property Value

2481 FAIR OAKS Lane, Prosper, TX, 75078

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,717 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.28 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters
Lot Size19,994 sqft

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APNR-9035-00S-0340-1
Lot Number34
SubdivisionGentle Creek Estates Phase Seven (Cpr)
Land UseResidential
Legal DescriptionGENTLE CREEK ESTATES PHASE SEVEN (CPR), BLK S, LOT 34
Census Tract030302
Assessed Land Value$375,000
Assessed Improvement Value$999,000
Assessment Year2025

About this property

REDUCED TO $774,900. PRICED TO SELL! Spectacular ONE STORY POOL Home in Gated Gentle Creek Place. Sprawling 4,717 sqft. 5 bedroom, 4 bath home, extensive hardwood floors throughout home, stone fireplace, gourmet kitchen with oak beamed cathedral ceiling, gas cooktop, dbl ovens. Spacious master bedrm with spa bath, separate vanities, garden tub. Large secondary bedrms w walk-in closets & extended ceiling heights. Huge office, media room & game room. Surround sound. Outdoor Oasis w a covered patio, outdoor kitchen, fireplace, pool & spa. Beautiful .459 acre private lot with mature trees. 3 car garage. Energy Star Certified. Golf Course community, Prosper ISD & Move-in Ready. Negotiable: media & game room items.

Investor Tools

Property Icon
$1,374,000
Estimated Property Value
$435,741Estimated Mortgage Balance
$938,259Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,244 /month
Positive
Cash Flow Estimate:
$2,748 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,205/month
$965/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,588
$1,374,000
2025
$375,000
$999,000
$1,374,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,588
$1,374,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$482,700
No
First
Apr 23, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$435,741
$938,259
68%
32%
$2,895/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.

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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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2481 FAIR OAKS Lane | Property Details | No Agent List