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$699,000

821 High Willow Drive, Prosper, TX, 75078

Under ContractInfo
Beds4 Beds
Baths4 Bath
Baths3,709 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.46 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-4734-00D-0040-1
Lot Number4
SubdivisionWillow Ridge Phase One (Cpr)
Land UseResidential
Legal DescriptionWILLOW RIDGE PHASE ONE (CPR), BLK D, LOT 4
Census Tract030303
Assessed Land Value$220,000
Assessed Improvement Value$555,855
Assessment Year2025

About this property

Welcome home to this beautifully updated residence in Prosper's sought-after Willow Ridge community. Set on a spacious corner lot with mature trees and fresh landscaping, this 4-bedroom, 3.5-bath home offers more than 3,700 square feet of thoughtfully designed living space that blends comfort, function, and style. A bright, open-concept floor plan welcomes you inside, where the main floor was remodeled to feature a designer kitchen with quartz countertops, upgraded cabinetry, premium appliances, and a built-in wine fridge - ideal for both everyday living and entertaining. Plantation shutters throughout add timeless charm and privacy. The spacious first-floor primary suite includes a spa-inspired bath with a freestanding tub, seamless glass oversized shower, and custom storage. Upstairs, you'll find three secondary bedrooms, two full baths, and a large game or media room, offering flexible space for family and guests. A rare 3 car garage plus large storage space provides ample room for vehicles, storage, a workshop, or home gym. Other improvements include 2 new Liftmaster garage door openers, 2 new Ecobee thermostats, Ring, and gutter guards. Enjoy indoor-outdoor living with open and covered decks overlooking the spacious backyard. Residents of Willow Ridge enjoy access to community pools, park, fishing ponds, and scenic walking trails, all within award-winning Prosper ISD. Located just minutes from PGA Frisco, shopping, dining, and major commuter routes, this home delivers luxury, space, and an exceptional location.

Investor Tools

$582,575Estimated Mortgage Balance
$193,280Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,655 /month
Positive
Cash Flow Estimate:
$1,552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,588/month
$885/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,182
$775,855
2025
$220,000
$555,855
$775,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,182
$775,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Assemblies Of God Cu
Conventional
$585,000
No
First
Jan 2, 2026
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$582,575
$193,280
24%
75%
$3,893/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$4,778/mo
$-1,328/mo
5.3%

City: Prosper