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$699,500

4151 Pepper Grass Lane, Prosper, TX, 75078

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,365 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$295.77 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven
FlooringCarpet, Ceramic Tile, Hardwood, Tile

Exterior

Lot Size8,102 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR692649
Lot Number13
SubdivisionWindsong Ranch Phase 4a
Land UseResidential
Legal DescriptionWINDSONG RANCH PHASE 4A BLK B LOT 13
Census Tract020128
Assessed Land Value$194,400
Assessed Improvement Value$544,898
Assessment Year2025

About this property

Lagoon Front Living in Windsong Ranch. A Rare Prosper, TX Opportunity. Ask about the lender incentive. Step out your front door to the breathtaking 5-acre Blue Lagoon. Float, paddleboard, kayak, sink your feet in the sand, or unwind under a cabana. Lagoon front living at its finest in the highly sought-after Windsong Ranch master-planned community in Prosper ISD. This stunning 3bedroom, 3full-bath home with a flex room or 4th bedroom with closet offers a seamless open concept floor plan flooded with natural light through floor-to-ceiling windows. Real hardwood floors anchor the main living areas while the chef's kitchen features a built in cooktop, spacious walk-in pantry, and kitchen sink water purifier. Key upgrades include a new roof (2024), Tesla charger, whole-home water softener, and an extended garage with 8ft entry doors, 10ft ceilings, and epoxy flooring ideal for oversized vehicles. The oversized covered patio opens to an expansive backyard with ample space for your dream pool and outdoor oasis. A large laundry room with cabinetry, folding area, and exterior door adds everyday convenience. Windsong Ranch amenities include pickleball, tennis, basketball, a fitness center, walking and biking trails, catch-and-release ponds, pocket parks, and community events. Best of all: No MUD. No PID. Minutes from PGA Headquarters, WestGrove, The Gates of Prosper, Universal Kids Resort, and Firefly Park coming soon. This is the lagoon-front home in Prosper, TX you've been waiting for. Don't miss it.

Investor Tools

Property Icon
$739,298
Estimated Property Value
$0Estimated Mortgage Balance
$164,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,436 /month
Positive
Cash Flow Estimate:
$1,479 /month

Interested in this property?

Amanda Williamson

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,270
$739,298
2025
$194,400
$544,898
$739,298
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,270
$739,298

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Conventional
$592,000
No
First
Sep 22, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$574,398
$164,900
22%
78%
$3,939/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$4,569/mo
$-1,919/mo
4.3%

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.

Explore Texas Explore This Area
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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