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$982,000

NAL Estimated Property Value

502 Prairie Run, Aledo, TX, 76008

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$293.94 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Half 4Bathrooms Half 4
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Gas Oven, Microwave, Double Oven

Exterior

Private PoolPrivate Pool
Lot Size17,685 sqft

Building Information

Year Built2015
Stories2
Garage Spaces3

Land Information

APNR000100373
Lot Number34
SubdivisionParks Of Aledo Ph 3
Land UseResidential
Legal DescriptionACRES: 0.406 LOT: 34 BLK: A SUBD: PARKS OF ALEDO PH 3
Census Tract140707
Assessed Land Value$120,000
Assessed Improvement Value$760,000
Assessment Year2025

About this property

Welcome home to 502 Prairie Run, one of the most exceptional homes in Parks of Aledo! On one of the largest lots in the neighborhood, this stunning home backs up to trees on two sides for incredible privacy. Inside you’ll find high-end living in a great floorpan. This 5-bed, 4-bed flexible floor plan home offers a 3-car garage and upgrades around every corner: designer lighting, custom wallpaper, a California Closet, and a layout that just lives beautifully. The backyard is a real show stopper. From the custom deck and designer landscaping to the perfectly positioned pool, it truly feels like a private resort. Single, third-car garage has its own AC unit perfect for an additional living space or workshop, but with a flip of a switch, it can operate as a traditional garage space. This is one you don’t see come around often!

Investor Tools

Property Icon
$982,000
Estimated Property Value
$567,510Estimated Mortgage Balance
$414,490Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,940 /month
Positive
Cash Flow Estimate:
$1,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,480/month
$640/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$880,000
2025
$120,000
$760,000
$880,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$880,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Building Or Construction Loan
$52,486
No
First
Feb 3, 2017
May 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$567,510
$414,490
42%
58%
$3,493/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: Aledo

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502 Prairie Run | Property Details | No Agent List