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$676,000

NAL Estimated Property Value

721 Salt Lake Ct, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,470 Sq Ft
price_per_sqft$201.71 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven
FlooringHardwood

Building Information

Year Built2004
Stories2
Garage Spaces3

Land Information

APNR-8032-00D-0360-1
Lot Number36
SubdivisionPreston Lakes (Cpr)
Land UseResidential
Legal DescriptionPRESTON LAKES (CPR), BLK D, LOT 36
Census Tract030304
Assessed Land Value$187,000
Assessed Improvement Value$477,019
Assessment Year2025

About this property

IMMACULATELY MAINTAINED HOME IN THE PRESTON LAKES NEIGHBORHOOD OF PROSPER! THIS HOME WAS RECENTLY RENIVATED, KITCHEN WITH WHITE QUARTZ COUNTER TOPS AND GREAT CABINET SPACE, NEW CARPET AND NEW PAINT THROUGH OUT THE WHOLE HOME!! THIS EAST FACING HOME FEATURES OVERSIZED LIVING SPACES, 4 BEDROOMS - 3 BATHS - 3 CAR GARGE - HAND SCRAPED HARDWOOD FLOORS, LARGE UPSTAIRS GAME ROOM, DOUBLE STAIRCASES, COVERED PATIO WITH AN INCREDIBLE BACK YARD!!! PLENTY OF ROOM FOR ENTERTAINING AND ROOM FOR A POOL! TOP RATED PROSPER ISD & CENTRALLY LOCATED OFF OF PRESTON, THE SHOPPING AND DINNING POSSIBILITIES ARE ENDLESS BEING LESS THAN 10 MINUTES FROM 380 & DNT!! THIS HOME IS A MUST SEE AND ONCE YOU DO YOU WOMT BE ABLE TO LOOK AWAY! WELCOME HOME!!!!

Investor Tools

Property Icon
$676,000
Estimated Property Value
$0Estimated Mortgage Balance
$676,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,226/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,332
$664,019
2025
$187,000
$477,019
$664,019
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,332
$664,019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$676,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$600/mo
+$2,850/mo
6.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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721 Salt Lake Ct | Property Details | No Agent List