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$607,000

NAL Estimated Property Value

951 Waterview Drive, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,207 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.83 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size9,024 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-10872-00D-0050-1
Lot Number5
SubdivisionLakes Of Prosper North Phase 2 (Cpr)
Land UseResidential
Legal DescriptionLAKES OF PROSPER NORTH PHASE 2 (CPR), BLK D, LOT 5
Census Tract030304
Assessed Land Value$190,000
Assessed Improvement Value$375,601
Assessment Year2025

About this property

Almost Brand New Home For Sale in the Lakes of Prosper. Built in 2020. Great Floor Plan: 4 Bedrooms, 3 Baths. Beautiful Quartz Counter Tops. Gas Cook Top. Large Back Yard. Home Faces North. Huge Catch and Release Pond is just Down the Street. Don't miss your chance to be in Prosper at this price! NO MUD or PID. Prosper ISD!

Investor Tools

Property Icon
$607,000
Estimated Property Value
$283,289Estimated Mortgage Balance
$323,711Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,642 /month
Positive
Cash Flow Estimate:
$1,214 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,271/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,211
$565,601
2025
$190,000
$375,601
$565,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,211
$565,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Lending
Unknown
$312,000
No
First
Jul 6, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,289
$323,711
53%
47%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$2,621/mo
+$29/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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951 Waterview Drive | Property Details | No Agent List