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$903,000

NAL Estimated Property Value

840 Summerfield, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,938 Sq Ft
price_per_sqft$134.59 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,692 sqft

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8468-00B-0030-1
Lot Number3
SubdivisionGentle Creek Estates Phase Four (Cpr)
Land UseResidential
Legal DescriptionGENTLE CREEK ESTATES PHASE FOUR (CPR), BLK B, LOT 3
Census Tract030302
Assessed Land Value$200,000
Assessed Improvement Value$524,645
Assessment Year2025

About this property

GORGEOUS OUTDOOR OASIS! Beautiful Home with Pool~Spa in Highly Sought After Gentle Creek Estates. This 5 bedroom, 4.5 bath is located on a cul-de-sac in a golf course community. Gorgeous high ceilings, wood floors, open floor plan,2-story family room with plantation shutters & lots of windows overlooking pool and patio. Gourmet kitchen & butler’s pantry, double oven and huge island. Spacious master w-sitting area, his-her vanities & separate shower. Media plus TWO game rooms and three bedrooms upstairs. Perfect homework center outside two bedrooms. Backyard Paradise that surrounds a Resort Style Pool~ Spa. Custom safety gate around the perimeter of the pool included. Too many upgrades to list! PROSPER ISD!

Investor Tools

Property Icon
$903,000
Estimated Property Value
$436,661Estimated Mortgage Balance
$466,339Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,418 /month
Positive
Cash Flow Estimate:
$1,806 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,244/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,414
$724,645
2025
$200,000
$524,645
$724,645
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,414
$724,645

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$490,500
No
First
Sep 21, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,661
$466,339
51%
48%
$2,941/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$3,781/mo
$-331/mo
4.6%

City: Prosper

840 Summerfield | Property Details | No Agent List