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$1,599,000

2501 Fair Oaks Ln, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths5,118 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$312.43 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Double Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size20,120 sqft

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APNR-9035-00S-0330-1
Lot Number33
SubdivisionGentle Creek Estates Phase Seven (Cpr)
Land UseResidential
Legal DescriptionGENTLE CREEK ESTATES PHASE SEVEN (CPR), BLK S, LOT 33
Census Tract030302
Assessed Land Value$375,000
Assessed Improvement Value$1,097,991
Assessment Year2025

About this property

Exquisite 1-Story custom-built Paul Taylor home, nestled within the gated tranquility of Gentle Creek Estates. Situated on nearly half an acre, this property is a private oasis complete with a pool, spa, and expansive patio. Elegant entryway with high ceilings, wood floors and plantation shutters. Open layout creates a seamless transition between spaces. Gourmet Chef's Kitchen complete with enormous island and top-tier appliances including Sub-Zero Refrigerator and Miele Cooktop. Striking A-Frame Beams soar above the kitchen and breakfast area. The living room, adorned with a stone fireplace, leads to the private primary suite. Spa-like primary bathroom holds a dual-head shower, jetted tub and separate vanities. Study has closet and can be used as 5th Bedroom. Of the three guest bedrooms, two share a Jack-and-Jill bathroom, while the third has private access to a hall bathroom. Game Room with vaulted ceiling and dry bar opens up to Media room. Large Utility room with sink.

Investor Tools

Property Icon
$1,488,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,488,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,594 /month
Positive
Cash Flow Estimate:
$3,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,355/month
$1,174/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,822
$1,472,991
2025
$375,000
$1,097,991
$1,472,991
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,822
$1,472,991

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,488,000
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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