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$399,900

870 Rustic Lane, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,594 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.16 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size10,001 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APNR-10430-00C-0110-1
Lot Number11
SubdivisionLakes Of Prosper North Phase 1 (Cpr)
Land UseResidential
Legal DescriptionLAKES OF PROSPER NORTH PHASE 1 (CPR), BLK C, LOT 11
Census Tract030304
Assessed Land Value$190,000
Assessed Improvement Value$444,025
Assessment Year2025

About this property

Welcome to this immaculately cared for one owner property with 8 ft. doors and 12 ft. ceilings. Sought after single story home with 4 bedrooms, 3 full baths and 3 car garage. Beautiful wood floors in entry, dining, living and hallways. Striking kitchen with gorgeous granite countertops, 4 burner gas cook-top, island, California breakfast bar and large walk-in pantry. Awesome master suite includes coffered ceiling, granite counters, and his & her master closets, Complete with tons of storage, laundry room with built-ins, mud room area and tankless water heater. Perfect for entertaining with spacious covered shaded patio and expansive backyard. New roof and gutters 2018.

Investor Tools

Property Icon
$662,000
Estimated Property Value
$0Estimated Mortgage Balance
$341,877Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,972 /month
Positive
Cash Flow Estimate:
$1,324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$999/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,679
$634,025
2025
$190,000
$444,025
$634,025
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,679
$634,025

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sun West Mortgage Company Inc
Conventional
$351,892
No
First
Aug 20, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,123
$341,877
51%
48%
$2,110/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$2,860/mo
+$590/mo
6.3%

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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870 Rustic Lane | Property Details | No Agent List