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$715,000

2521 Kates Pl, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,553 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$280.06 / sqft
Year BuiltBuilt in 2022

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
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size7,971 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR985724
Lot Number12
SubdivisionGreens At Legacy
Land UseResidential
Legal DescriptionGREENS AT LEGACY BLK A LOT 12
Census Tract020128
Assessed Land Value$183,344
Assessed Improvement Value$540,746
Assessment Year2025

About this property

What's better than new? This practically new north-facing Perry home situated in the highly desirable Greens at Legacy. Sited on an oversized, corner lot and zoned to excellent schools in Prosper ISD, this one-story 4 bedroom, 3.5 bath home with a 2nd living area and 3 car garage provides a relaxing escape from the daily grind. An expansive hallway flooded with natural light highlights the open floorplan, drawing your eyes to the fireplace and large picture windows overlooking the spacious backyard. The private second living area could easily work as a home office, gameroom, or gym. The primary suite provides a perfect retreat at the end of a long day with its sitting area and relaxing soaking tub. With an expansive backyard, there's ample room for a pool and additional space for entertaining, play, and gardening. Tucked into a quiet community near 380 and DNT, the home is perfectly located just minutes from the renowned PGA headquarters and courses, the upcoming Firefly Park development, Universal Kids Resort, Costco, and HEB. This wonderful home presents an opportunity to enjoy life in a lovely community where the neighbors still take nightly strolls and also reap the long term benefits of being located in a prime area near so many major developments. So what are you waiting for? Schedule your tour today!

Investor Tools

Property Icon
$724,090
Estimated Property Value
$599,250Estimated Mortgage Balance
$132,715Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,345 /month
Positive
Cash Flow Estimate:
$1,448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,183/month
$995/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$724,090
2025
$183,344
$540,746
$724,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$724,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$599,250
No
First
Aug 14, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$591,375
$132,715
18%
82%
$3,593/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$4,588/mo
$-1,138/mo
5.7%

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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2521 Kates Pl | Property Details | No Agent List