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$780,788

NAL Estimated Property Value

501 Evening Sun Dr, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,647 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.36 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Playground
Lot Size9,104 sqft

Building Information

Year Built2015
Stories2
Garage Spaces3

Land Information

APNR-10559-00P-0230-1
Lot Number23
SubdivisionLakes Of Prosper Phase Four (Cpr)
Land UseResidential
Legal DescriptionLAKES OF PROSPER PHASE FOUR (CPR), BLK P, LOT 23
Census Tract030304
Assessed Land Value$190,000
Assessed Improvement Value$590,788
Assessment Year2025

About this property

Welcome to 501 Evening Sun Drive — a stunning north-facing masterpiece in the coveted Lakes of Prosper, zoned to award-winning Prosper ISD! This beautifully maintained 4-bedroom, 3.5-bath, 3,647 sq ft two-story retreat has been loved by its original owners and sits in one of the community's most sought-after locations — with walking-distance access to Prosper's premier Frontier Park. A charming front porch invites you to sit and watch the neighborhood kids play before stepping inside to discover nail-down hardwood floors, open-concept living perfect for entertaining, a formal dining room with butler's pantry, and a bright eat-in kitchen nook — all anchored by a large center island. The thoughtfully designed layout features TWO bedrooms on the main level, including a secluded primary suite and a private ensuite guest suite — perfect for in-laws or multi-generational living — plus a dedicated home office. Upstairs, enjoy a spacious game room, media room, and two bedrooms connected by a Jack-and-Jill bath. Outside, your private pool-and-spa oasis creates the ultimate backyard retreat, complete with a 3-car tandem garage. Community living is truly exceptional here — two pools, scenic fully-stocked fishing lakes, walking and biking trails, greenbelt open spaces, and direct walkable access to the 80-acre Frontier Park, featuring a splash pad, sports fields, batting cages, a 1.7-mile trail, and Prosper ISD Stadium steps away. This is the neighborhood where kids ride bikes, fish in the lakes, and walk to the park — community living at its finest. Easy Dallas North Tollway access puts you minutes from the brand-new H-E-B, with Costco, Sprouts, and Lowe's all coming to the area. No MUD or PUD. This move-in ready gem won't last long — schedule your private showing today!

Investor Tools

Property Icon
$780,788
Estimated Property Value
$609,228Estimated Mortgage Balance
$171,560Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,316/month
$468/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,893
$780,788
2025
$190,000
$590,788
$780,788
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,893
$780,788

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$619,207
No
First
Aug 25, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$609,228
$171,560
21%
78%
$3,713/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$4,181/mo
$-731/mo
5.3%

City: Prosper

501 Evening Sun Dr | Property Details | No Agent List