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$797,000

NAL Estimated Property Value

820 Clearlake Dr, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,109 Sq Ft
price_per_sqft$194.45 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Rain Gutters, Lighting, Outdoor Kitchen, Private Yard, Outdoor Grill

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-8032-00D-0080-1
Lot Number8
SubdivisionPreston Lakes (Cpr)
Land UseResidential
Legal DescriptionPRESTON LAKES (CPR), BLK D, LOT 8
Census Tract030304
Assessed Land Value$187,000
Assessed Improvement Value$580,528
Assessment Year2025

About this property

*Lender Credit Offered* Prime Location & Sought-After Floorplan in Award-Winning Prosper ISD! This stunning 4-bedroom, 3.5-bathroom home with an office and a 3-car garage sits on an oversized third-acre greenbelt lot in the heart of Prosper. Enjoy resort-style living in your private backyard oasis, featuring a heated pool with beach entry, spa, diving board, slide, water feature, and sun deck. The spacious yard provides plenty of room for kids and pets, while the covered patio with ample shade, a built-in grill with stone surround, and a bar is perfect for relaxing or entertaining. Inside, the light-filled interior boasts soaring two-story ceilings and an open-concept design. Split formals offer flexibility for a second office or home gym. The family room features engineered wood floors, a dramatic fireplace with gas logs, a built-in TV cabinet, and a wall of windows overlooking the backyard paradise. The updated chef’s kitchen is a dream with white cabinetry, stainless steel appliances, double ovens, a gas cooktop, a breakfast area, built-in desk, and a huge walk-in pantry. The spacious and private owner’s retreat offers direct pool access and an ensuite spa-like bathroom with dual sinks, a jetted garden tub, and a large frameless glass shower. A beautiful home office with French doors features a coffered ceiling, built-in shelving, and is conveniently located next to a full bath. Dual staircases lead to an upstairs retreat with a large game room with built-ins, three generously sized bedrooms, and a Jack-and-Jill bath. Ideally located just minutes from Preston Lakes Park, top-rated schools, shopping, dining, and major highways. Don’t miss this exceptional home!

Investor Tools

Property Icon
$797,000
Estimated Property Value
$328,421Estimated Mortgage Balance
$468,579Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,217/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,617
$767,528
2025
$187,000
$580,528
$767,528
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,617
$767,528

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$373,500
No
First
Mar 20, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,421
$468,579
58%
41%
$2,240/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$2,405/mo
+$1,045/mo
5.2%

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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820 Clearlake Dr | Property Details | No Agent List