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$565,000

NAL Estimated Property Value

3509 Highland Bayou Dr, Prosper, TX, 75078

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,563 Sq Ft
price_per_sqft$214.59 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator
FlooringCarpet, Luxury Vinyl Plank

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,543 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR743183
Lot Number17
SubdivisionCreeks Of Legacy West Phase 1
Land UseResidential
Legal DescriptionCREEKS OF LEGACY WEST PHASE 1 BLK G LOT 17
Census Tract020129
Assessed Land Value$127,608
Assessed Improvement Value$413,273
Assessment Year2025

About this property

Located in the highly sought after Creeks of Legacy neighborhood and zoned to Prosper ISD, this gorgeous 3 bedroom, 2.5 bathroom home features modern touches, an open floorplan, neutral color palette and many high-end upgrades. As you enter the home, you are greeted by a light-filled living space that opens to the dining room and a gourmet kitchen along with an office downstairs. The kitchen is complete with stainless steel appliances and a sizable island. The upstairs master suite features dual sinks, separate shower, and two walk-in closets. There are two additional bedrooms upstairs along with a large flex space. The oversized backyard offers ample space to entertain and play. Great proximity to the many wonderful neighborhood amenities including 3 pools, gym, amenity center, basketball and tennis courts, and walking and biking trails! Like new home built in 2021, home builder warranty is transferable to the next buyer.

Investor Tools

Property Icon
$565,000
Estimated Property Value
$548,981Estimated Mortgage Balance
$16,019Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$915
$540,881
2025
$127,608
$413,273
$540,881
No

Tax History

Year
Tax Paid
Assessed Value
2024
$915
$540,881

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Banc One Mortgage Corp
Conventional
$593,405
No
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$548,981
$16,019
2%
97%
$3,558/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$3,883/mo
$-1,233/mo
5.6%

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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3509 Highland Bayou Dr | Property Details | No Agent List