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$1,009,200

NAL Estimated Property Value

811 Star Meadow Drive, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,273 Sq Ft
price_per_sqft$183.01 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Tankless Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size11,927 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-11391-00M-0040-1
Lot Number4
SubdivisionStar Trail Phase One B (Cpr)
Land UseResidential
Legal DescriptionSTAR TRAIL PHASE ONE B (CPR), BLK M, LOT 4
Census Tract030304
Assessed Land Value$275,000
Assessed Improvement Value$734,200
Assessment Year2025

About this property

Sensational One Story home situated on oversized lot located in the coveted Star Trail subdivision. Open concept floor plan with custom telescope doors in the living room which lead to a large covered patio creating the perfect space to entertain! Upgrades throughout include hardwood floors, a grand entry with 14 foot ceilings, mahogany front door, a study with french doors, a chef's kitchen with walk in pantry, a large island, and top of the line stainless steal appliances, surround sound, control4 smart home panel, as well as a three car garage. The master bedroom will make you feel like you are entering your own private retreat featuring a spa like bathroom and two closets. Truly a must see!

Investor Tools

Property Icon
$1,009,200
Estimated Property Value
$416,631Estimated Mortgage Balance
$592,569Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,055 /month
Positive
Cash Flow Estimate:
$2,018 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,581/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,926
$1,009,200
2025
$275,000
$734,200
$1,009,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,926
$1,009,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$468,000
No
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,631
$592,569
58%
41%
$2,806/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$3,106/mo
+$344/mo
4.1%

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: Prosper

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811 Star Meadow Drive | Property Details | No Agent List