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$1,499,000

2821 Winding Creek Rd, Prosper, TX, 75078

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths4,418 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$339.29 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Built-in Barbecue, Fire Pit, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Yard, Storage
Lot Size1.43 acres

Building Information

Year Built1999
Stories2
Garage Spaces3

Land Information

APNR-3846-00A-0040-1
Lot Number4
SubdivisionGentle Creek Estates Phase One (Cpr)
Land UseResidential
Legal DescriptionGENTLE CREEK ESTATES PHASE ONE (CPR), BLK A, LOT 4
Census Tract030302
Assessed Land Value$257,922
Assessed Improvement Value$990,711
Assessment Year2025

About this property

OPEN HOUSE SAT 2:00-4:00 GUEST HOUSE, POOL & 1.28 ACRE LOT! Welcome to your private resort paradise nestled on a 1.28 acre lot in the prestigious Gentle Creek Estates Golf Course Community. The highlight of this estate is the extraordinary 769 SF guest house, a fully self-contained retreat designed for year-round enjoyment. A complete bedroom, living area, kitchen and full bathroom make this space ideal for guests, entertaining, or extended stays without ever stepping inside the main house. The main residence offers 4 bedrooms, 4 baths, and 3,649 SF of thoughtfully designed living space. The open concept living areas are designed for both grand entertaining and quiet everyday moments, with natural light pouring through the floor-to-ceiling windows and rich wood floors flowing seamlessly from room to room. The beautifully updated kitchen is a chef's dream, offering ample counter space, modern finishes, and a layout that keeps you connected to family and guests while you cook. The updated primary suite is a serene escape of its own, featuring a spa-inspired ensuite bath and generous closet space, the perfect place to unwind after a long day. Upstairs, you will find 3 additional bedrooms and a game room providing the perfect flex space for movie nights, a home gym, or a playroom. Step outside to your own private oasis with a resort-style diving pool and natural stone waterfall, ideal for cooling off on warm Texas days or hosting unforgettable gatherings. Fully fenced 1.28 acre lot with storage building. Private guest house, you have the ultimate flexibility for hosting visitors, multi-generational living, or even a home office or studio. Situated in the sought-after Gentle Creek Estates community, you are just minutes from world-class golf, upscale shopping and dining, and easy access to major highways. Zoned for Prosper ISD and Walnut Grove High School, this home delivers the ultimate blend of luxury, privacy, and location.

Investor Tools

$454,666Estimated Mortgage Balance
$793,967Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,994 /month
Positive
Cash Flow Estimate:
$2,998 /month

Interested in this property?

Nancy Floyd

Keller Williams Prosper Celina

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,025/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,051
$1,248,633
2025
$257,922
$990,711
$1,248,633
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,051
$1,248,633

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Van Dyk Mortgage Corp
Conventional
$424,000
No
First
Nov 30, 2017
Dec 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,666
$793,967
63%
36%
$3,329/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$3,909/mo
$-459/mo
3.3%

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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