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$702,100

406 Prairie Run, Aledo, TX, 76008

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Range, Gas Water Heater, Microwave, Double Oven, Vented Exhaust Fan
FlooringBrick, Carpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,276 sqft

Building Information

Year Built2015
Stories2
Garage Spaces2

Land Information

APNR000098665
Lot Number37R
SubdivisionParks Of Aledo Ph 2
Land UseResidential
Legal DescriptionACRES: 0.190 LOT: 37R BLK: B SUBD: PARKS OF ALEDO PH 2
Census Tract140707
Assessed Land Value$75,000
Assessed Improvement Value$627,100
Assessment Year2025

About this property

Welcome to 406 Prairie Run, a spacious and beautifully upgraded Village Home build in the desirable Parks of Aledo neighborhood. Located on a quiet street within Aledo ISD, this 5 bedroom, 3.5 bath home offers 3,528 square feet of thoughtful design and comfort. Step inside to soaring ceilings and designer touches throughout, including new brick floors in the dedicated office, custom lighting, and upgraded cabinetry that extends to the ceiling. The eat-in kitchen is a chef’s dream with gas cooking, double ovens, a walk-in pantry, and an open flow to the main living area, complete with a cozy gas fireplace. Outdoor entertaining is easy with the extended, covered back patio with TV hook-ups and ceiling fans, overlooking a large, flattened backyard with a built-in playground. The primary suite features tray ceilings with a ceiling fan, an oversized frameless shower with rain shower head, huge soaking tub, separate vanities, a walk-in closet, and sitting area. Upstairs, you'll find 3 bedrooms, 2 full baths and a large second living room plus an additional sitting area, offering flexible space for larger households, guests, entertaining, work or play. With designer finishes and thoughtful upgrades throughout, this home is a standout in one of Aledo’s most welcoming communities.

Investor Tools

Property Icon
$702,100
Estimated Property Value
$646,000Estimated Mortgage Balance
$67,476Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,213 /month
Positive
Cash Flow Estimate:
$1,404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,147/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$702,100
2025
$75,000
$627,100
$702,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$702,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Optimum First Inc
Conventional
$646,000
No
First
May 19, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$634,624
$67,476
9%
90%
$3,874/mo

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: Aledo

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