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$768,547

NAL Estimated Property Value

3050 Bates Dr, Prosper, TX, 75078

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,713 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$294.88 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesCourtyard, Rain Gutters, Lighting

Building Information

Year Built2020
Stories1
Garage Spaces3

Land Information

APNR-12200-00B-0280-1
Lot Number28
SubdivisionLakewood Phase 3 (Cpr)
Land UseResidential
Legal DescriptionLAKEWOOD PHASE 3 (CPR), BLK B, LOT 28
Census Tract030302
Assessed Land Value$210,000
Assessed Improvement Value$558,547
Assessment Year2025

About this property

Multiple offers received. Final offers due by 1-30 5pm. From the inviting courtyard to the turf putting green; luxury design selections abound in this stunning N facing 2021 Highland built 250 plan. Entertain family & friends in the open floor plan with premier gourmet kitchen, GE Cafe appliances, built-in hutch, marble backsplash extended above lighted upper glass cabinets and large island. Cozy up to the floor to ceiling tiled gas fireplace or watch the game in your 7.1 surround sound media. Retire to the owners suite with sitting area, floor to ceiling tiled bath, frameless shower, free standing tub and built-in linen hutch. Enjoy year round resort like views through glass sliding doors to the extended patio backyard oasis with electric shade, turf and putting green! Wood floors and electric shades throughout. All bedrooms are en-suite with walk-in closets. Mud built-in. Sink in laundry. Community features resort-style pool, amenity center, playgrounds and trails. Prosper ISD!

Investor Tools

Property Icon
$768,547
Estimated Property Value
$0Estimated Mortgage Balance
$768,547Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,372/month
$677/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,617
$768,547
2025
$210,000
$558,547
$768,547
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,617
$768,547

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$768,547
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$677/mo
+$1,973/mo
4.1%

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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3050 Bates Dr | Property Details | No Agent List