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$753,826

NAL Estimated Property Value

500 Hidden Lake Dr, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,825 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.2 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size15,024 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-4824-00A-0290-1
Lot Number29
SubdivisionSteeplechase Lake Of Prosper (Cpr)
Land UseResidential
Legal DescriptionSTEEPLECHASE LAKE OF PROSPER (CPR), BLK A, LOT 29
Census Tract030303
Assessed Land Value$222,000
Assessed Improvement Value$531,826
Assessment Year2025

About this property

Now under Contract. Discover the perfect blend of timeless craftsmanship and modern comfort in this home, now available again due to no fault of the property—previous buyer was unable to secure financing. With a brand-new roof and a wealth of custom features, this residence offers luxurious living in peaceful, exclusive Steeplechase. Step inside to be greeted by a stunning grand staircase bathed in natural light. The heart of the home is a warm, inviting gathering room centered around a striking stone fireplace—perfect for cozy nights or entertaining guests. The kitchen features custom cabinetry, expansive countertops, and a generous bar area. Upstairs, a custom-built office with rich bookcases provides a tranquil space for work or reading, while the spacious media room offers a cozy retreat for family movie nights or binge-watching your favorite shows. Attention to detail shines throughout the home. Outside, unwind in your private backyard oasis with serene views of nearby stables—an idyllic backdrop for outdoor entertaining or quiet reflection. The Steeplechase community itself is a gem, offering beautifully landscaped grounds, a sparkling lake, and a charming gazebo—perfect for peaceful sunrise or sunset walks. Act quickly and take advantage of this rare second chance. Schedule your private showing or attend our upcoming open house to experience luxury, tranquility, and exceptional living in person.

Investor Tools

Property Icon
$753,826
Estimated Property Value
$0Estimated Mortgage Balance
$753,826Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,523 /month
Positive
Cash Flow Estimate:
$1,508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$778/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,572
$753,826
2025
$222,000
$531,826
$753,826
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,572
$753,826

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$753,826
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$800/mo
+$2,650/mo
5.5%

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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500 Hidden Lake Dr | Property Details | No Agent List