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B+
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$937,000

631 Bear Creek Dr, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,109 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.28 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Microwave

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Private Yard

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-8032-00D-0120-1
Lot Number12
SubdivisionPreston Lakes (Cpr)
Land UseResidential
Legal DescriptionPRESTON LAKES (CPR), BLK D, LOT 12
Census Tract030304
Assessed Land Value$170,000
Assessed Improvement Value$578,307
Assessment Year2025

About this property

EXCLUSIVE LENDER INCENTIVE! Nestled in the mature neighborhood of Preston Lakes, this luxurious 4-bedroom, 3.5-bathroom home, offers incredible features without a MUD or PID in the highly sought after Prosper ISD! The jaw dropping backyard features a tall wooden privacy fence, turf in the entire backyard, a heated, saltwater pool with multiple water features, and a built-in covered firepit area with an outdoor TV. The Pool has a removable pool fence already installed for safety! Underneath the firepit area you'll find a holding tank that circulates cold water into the pool in the hot Texas summers to cool you down! This home sits on an oversized .28-acre lot with an extended driveway and 3-car garage, plus beautiful curb appeal with white-painted brick and lovely landscaping. Inside, the home welcomes you right away with stunning LVP flooring, decorative lighting, and two living areas which one could also be used as a formal dining area. Downstairs you'll also find: 2 staircases, a half bathroom, a spacious main living room with large windows looking out at the stunning backyard, a decorative gas fireplace, a luxury kitchen featuring double islands, quartz countertops, and high-end appliances with a bright eating area. A large office with built-ins and a decorative ceiling. Laundry room. Full bathroom. Master suite with a luxury spa-like bathroom with a tub, walk-in shower, and double vanities. Upstairs offers three large bedrooms, a Jack and Jill bathroom, and a versatile game room. This home is truly a dream come true, waiting for its new owners!

Investor Tools

Property Icon
$937,000
Estimated Property Value
$0Estimated Mortgage Balance
$937,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,850 /month
Positive
Cash Flow Estimate:
$1,950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,443/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,628
$748,307
2025
$170,000
$578,307
$748,307
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,628
$748,307

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$937,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$165/mo
+$3,285/mo
4.4%

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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631 Bear Creek Dr | Property Details | No Agent List