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$775,000

500 Lake Trail Ln, Prosper, TX, 75078

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.14 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesWater Purifier, Dishwasher, Electric Oven, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Garage Spaces2

About this property

Not all homes are created equal. Thoughtfully customized with quality craftsmanship and timeless design, this exceptional residence offers the character, warmth, and functionality rarely found in today’s builder-grade homes. Every space has been intentionally improved, creating a home that is as beautiful as it is practical. From the moment you step inside, you’ll notice the difference. Rich architectural details, extensive custom trim, designer lighting, luxury vinyl plank flooring, elegant built-ins, and a stunning shiplap fireplace create an inviting atmosphere that feels both refined and comfortable. The open-concept layout flows effortlessly, making everyday living and entertaining equally enjoyable. Designed to fit the way people live today, the home offers five spacious bedrooms, four full baths, a private office, game room, versatile loft, and an oversized 2.5-car garage with its own mini-split HVAC system—perfect for a home gym, workshop, hobby space, or climate-controlled storage.The thoughtful upgrades continue throughout with custom storage solutions, motorized window treatments, spray foam attic insulation over garage area for exceptional energy efficiency, attic decking for abundant storage, whole-home surge protection, professionally designed landscaping with landscape lighting, and an extended driveway. Located in highly desirable Prosper ISD, this move-in-ready home offers the perfect blend of style, comfort, efficiency, and craftsmanship. Homes with this level of thoughtful customization rarely become available. Be sure to ask for the complete Features & Upgrades list—there are simply too many improvements to include here.

Investor Tools

Property Icon
$748,000
Estimated Property Value
$422,000Estimated Mortgage Balance
$376,158Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

Interested in this property?

Robert Vernon

DVC Realty TX LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,210/month
$468/month
5.947%

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 Lake Trail Ln | Property Details | No Agent List