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$2,396,960

NAL Estimated Property Value

400 Whitley Place Drive, Prosper, TX, 75078

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,638 Sq Ft
price_per_sqft$442.53 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Double Oven, Water Softener, Wine Cooler
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters, Lighting, Private Yard

Building Information

Year Built2012
Stories2
Garage Spaces8

Land Information

APNR-9590-00R-0010-1
Lot Number1
SubdivisionWhitley Place Phase 1 (Cpr)
Land UseResidential
Legal DescriptionWHITLEY PLACE PHASE 1 (CPR), BLK R, LOT 1
Census Tract030302
Assessed Land Value$525,000
Assessed Improvement Value$1,871,960
Assessment Year2025

About this property

Commanding a premier position atop Whitley Place Drive, this masterfully crafted Tim Jackson estate in one of Prosper’s most prestigious communities defines elevated living on an exclusive .75-acre lot. Walking distance to Cockrell Elementary and Walnut Grove High School, this 5,638sqft custom home features 5 bedrooms, 4.5 baths, and a resort-style commercial-grade pool. Enter elegance with extensive hardwood floors and a grand crystal chandelier with custom LED lighting. A formal room at the entry doubles as an office or formal living. Herringbone hardwoods lead into the expansive great room, seamlessly blending living, dining, and kitchen spaces with outdoor living—perfect for entertaining. The fully remodeled kitchen boasts Cambria quartz counters, 48in Viking commercial gas range, a 66in Electrolux built-in fridge-freezer, and premium finishes. The primary suite offers a reading nook, patio access, and a newly updated spa-like bath with a custom walk-in closet and heated marble-like flooring for ultimate comfort. Designed for efficiency, the home includes two newer 24 SEER and one 17 SEER unit (2023), a newer 30yr architectural shingle roof (2023), new electric hot water heaters, and a whole-home water filtration and softening system. A private gated porte-cochere leads to the oversized 4-car garages. Outdoor living is unmatched with an expansive covered patio and fireplace, a 40-foot diving pool (2020), travertine decking, water and fire features, and a dedicated pool half bath. Inside, enjoy a professional media room with a 120in screen and 4K projector. A downstairs flex room offers space for a gym, second office, or nursery. Additional highlights include plantation shutters, a spray foamed walk-out attic, a secondary downstairs suite perfect for in-laws, and double staircases. Don’t miss this one-of-a-kind estate in one of Prosper’s most sought-after neighborhoods!

Investor Tools

Property Icon
$2,396,960
Estimated Property Value
$1,090,717Estimated Mortgage Balance
$1,306,243Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,970 /month
Positive
Cash Flow Estimate:
$4,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,133/month
$1,490/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,606
$2,396,960
2025
$525,000
$1,871,960
$2,396,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,606
$2,396,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$1,185,500
No
First
Feb 28, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,090,717
$1,306,243
54%
46%
$7,108/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,100/mo
$8,598/mo
$-6,498/mo
1.1%

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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400 Whitley Place Drive | Property Details | No Agent List