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$859,900

411 Lake Trail Ln, Prosper, TX, 75078

Under ContractInfo
Beds5 Beds
Baths4 Bath
Baths3,962 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.04 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesWater Purifier, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size10,454 sqft

Building Information

Year Built2017
Stories2
Garage Spaces3

Land Information

APNR-11068-00H-0760-1
Lot Number76
SubdivisionLakes Of Prosper Phase Five A (Cpr)
Land UseResidential
Legal DescriptionLAKES OF PROSPER PHASE FIVE A (CPR), BLK H, LOT 76
Census Tract030304
Assessed Land Value$190,000
Assessed Improvement Value$633,491
Assessment Year2025

About this property

Welcome home to 411 Lake Trail Lane in the coveted Lakes of Prosper subdivision — where luxury, comfort, and lifestyle come together in one exceptional package. This stunning 3,945 sq. ft. home offers 5 bedrooms, 4.5 bathrooms, a private office, and 3 living areas, giving every member of the family their own space to thrive. With two bedrooms conveniently located downstairs, the layout is as functional as it is beautiful. The heart of the home is a showstopping island kitchen featuring GE Monogram gas cook top, double ovens, and an open floorplan designed for both everyday living and effortless entertaining. Brand new carpet throughout and fresh exterior paint give the home that move-in ready feel you've been searching for, while the epoxy-floored garage, board-on-board fence, solar panels, new roof, and tankless water heater check every practical box. Step outside and prepare to be wowed — a gorgeous 36x14 foot pool awaits, perfect for Texas summers. And speaking of Texas moments, this home's location offers front-row views of the Prosper Fireworks celebration right from your own backyard. Forward-thinking buyers will love the EV charging station already in place, along with tons of storage throughout the home. Best of all — no PID, no MUD — keeping your tax burden refreshingly manageable. Living in Lakes of Prosper means resort-style amenities just steps away, including a community pool, fishing, walking trails, a park, and year-round community events. The neighborhood is also just a short distance from Frontier Park, putting even more recreation and green space within reach. This is more than a home — it's a lifestyle. Come see it for yourself.

Investor Tools

$498,399Estimated Mortgage Balance
$354,503Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,159 /month
Positive
Cash Flow Estimate:
$1,720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,355/month
$404/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,007
$823,491
2025
$190,000
$633,491
$823,491
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,007
$823,491

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$546,817
No
First
Oct 13, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$498,399
$343,601
40%
59%
$3,279/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: Prosper

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411 Lake Trail Ln | Property Details | No Agent List