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$985,048

NAL Estimated Property Value

3045 Preston Hills Cir, Prosper, TX, 75078

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths4,550 Sq Ft
price_per_sqft$196.7 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Oven, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Other
Lot Size1.59 acres

Building Information

Year Built1985
Stories1
Roof Type134
Garage Spaces8

Land Information

APNR-1471-000-0010-1
Lot Number1
SubdivisionPreston Hills Addition (Ccl)
Land UseResidential
Legal DescriptionPRESTON HILLS ADDITION (CCL), LOT 1
Census Tract030307
Assessed Land Value$199,647
Assessed Improvement Value$785,401
Assessment Year2025

About this property

Welcome to a one-of-a-kind, beautifully crafted one-story ranch home nestled on over an acre & a half in the heart of Prosper! This spacious 3-bedroom, 5-bath custom residence offers over 4,500 square feet of uniquely designed space showcasing timeless character. The heart of the home is the stylish kitchen which was updated in 2022. Gather around the impressive island while preparing your next feast using gourmet, high-end appliances. Enjoy effortless entertaining from the adjacent wine alcove to the huge family room with a wet bar and a floor-to-ceiling stone fireplace. The grand primary suite is a true retreat with its own fireplace, separate his-and-hers bathrooms, a sitting area, and access to a sunroom overlooking the landscaped backyard through floor to ceiling windows. The former three car garage has been converted to a massive game room with a single transparent garage door offering versatility and durability for any number of uses and activities. If you've got any furry, four-legged friends in your family, you're going to love the dog washing station in the utility room. Outside, you'll find something for everyone! Relax by the sophisticated pool installed in 2020 (complete with chiller and heater) or in the separate hot tub just off the sunroom. Flex that green thumb with plenty of garden beds or bring your chickens and get those fresh eggs! The She Shed has power and could be anything from a crafting space, to a workshop, a detached office or simply a private refuge. Use the huge carport out front for ample covered parking or put out some chairs and take in the tranquil pond and 100+ year old willow tree. All this in a quiet, established neighborhood with no HOA and in top-rated Prosper ISD. Come and grab this rare opportunity for acreage living without sacrificing location!

Investor Tools

Property Icon
$985,048
Estimated Property Value
$649,318Estimated Mortgage Balance
$335,730Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,910 /month
Positive
Cash Flow Estimate:
$1,970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,839/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,144
$985,048
2025
$199,647
$785,401
$985,048
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,144
$985,048

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Truist Bank
Conventional
$656,000
No
First
Oct 8, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$649,318
$335,730
34%
66%
$3,934/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$3,934/mo
$-1,284/mo
3.2%

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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3045 Preston Hills Cir | Property Details | No Agent List