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$850,000

301 Florence Dr Fl Orence, Prosper, TX, 75078

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,003 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$283.05 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Refrigerator, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size27.48 acres

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12774-000-0770-1
Lot Number77
SubdivisionLadera Prosper Condominiums (Cpr)
Land UseResidential
Legal DescriptionLADERA PROSPER CONDOMINIUMS (CPR), UNIT 77, 1.3698 % CMN INT; * AMENDED * AMENDED
Census Tract030302
Assessed Land Value$163,993
Assessed Improvement Value$559,904
Assessment Year2025

About this property

Enjoy one of the premier locations in this active adult community. This bright, open floor plan offers modern amenities and peaceful views of a private pond and wildlife, creating a vacation-like feel every day. A covered porch welcomes you into the entry, where a study with custom built-in shelves sits nearby. At the front of the home, a guest bedroom and adjacent full bath are tucked into a quiet alcove. The entry hall opens to a vaulted living area where the kitchen, dining room, and family room flow together with water views throughout. The kitchen features an island - ideal for casual dining - quartz counters, a gas cooktop, convection oven, microwave, counter-depth refrigerator, dishwasher, and butler’s pantry with a built-in wine cooler. An oversized dining room offers generous space for entertaining. The spacious family room centers around a decorative gas log fireplace and showcases dramatic water views. A side door opens to a covered patio and small fenced yard. The primary suite includes an ensuite bath with a walk-in shower, linen closet, dual sinks, custom cabinetry, and a large walk-in closet with custom shelving. The closet connects directly to a spacious utility room with a built-in desk and cabinets, another large walk-in closet, and full-size washer and dryer hookups. The two-car garage features epoxy flooring, a storage closet, and direct access to a mudroom for convenient storage of shoes, coats, and everyday essentials. An additional storage closet is located nearby. Upstairs is a large game room, an additional bedroom & full bath. Two walk-in attic spaces provide extra storage & easy access to the HVAC system. Just a block away, the community center offers an activity room with full kitchen, fitness room, private covered patio with TV & outdoor grill, pool, spa & two pickleball courts. With a gated entrance and low-maintenance features, this property is ideal for an active lifestyle and easy “lock-and-leave” living.

Investor Tools

Property Icon
$723,897
Estimated Property Value
$0Estimated Mortgage Balance
$723,897Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

Interested in this property?

Roger Thedford

Thedford & Associates Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,107/month
$340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,661
$723,897
2025
$163,993
$559,904
$723,897
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,661
$723,897

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$799,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$340/mo
+$2,310/mo
4.4%

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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