NOT LISTED FOR SALE

1640 Mcmaster Ln Prosper, TX 75078

Estimated Value: $921,000 - $1,036,000

6 Beds
4 Baths
4,309 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 08, 2024

Current estimated payment $6,676/month

83 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • 3 Car Attached Garage
  • Reynolds Middle School Rated A
  • Traditional Architecture
  • Kitchen Island

About This Home

As of April 2024

Elegant 2023 built home with all the bells & whistles in Prosper ISD. Beautiful open floor plan with 2 story family room ceiling! Open family to living room with oversized California island. This home features a curved staircase as a major focal point. Amazing Pantry-Butler's pantry separating the kitchen from the 2nd Dining and 2nd Living room. 2nd Primary suite upstairs! Very inviting curb appeal!!! Drive up to your home every day saying WOW! Close to shopping and all major highways in the heart of PROSPER. Walking distance to Prosper High School and no MUD or PID. Discover your dream home in picturesque Prosper, Texas!

Last Agent to Sell the Property

nitin gupta

Competitive Edge Realty LLC Brokerage Phone: 469-269-6541 License #0668540 Listed on: 12/16/2023

Competitive Edge Realty LLC

Last Buyer's Agent

Ram Konara

StarPro Realty Inc. License #0495497

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 0.29

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,309 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Sam Johnson Elementary School
  • Reynolds Middle School
  • Prosper High School

Additional Features

  • 0.29 Acre Lot
  • Municipal Utilities District

Community Details

  • Association fees include management fees
  • Vision Community Management HOA, Phone Number (972) 612-2303
  • Cambridge Park Estates Ph 1 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 16 / A
  • Assessor Parcel Number R1259100A01601
  • $2,351 per year unexempt tax

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Notice Surveillance Devices Pres: Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 469-269-6541
  • Special Features: NewHome
  • Year Built: 2023

Interior Features

  • Square Footage: 4309.00
  • Fireplace Features: Gas
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 19

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Construction Materials: Brick

Garage/Parking

  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Management Fees
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Vision Community Management
  • HOA Management Company: (972) 612-2303

Schools

  • School District: Prosper ISD
  • Elementary School: Sam Johnson

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.2870
  • Parcel Number: R1259100A01601
  • Lot Size Acres: 0.2870
  • Lot Size Sq Ft: 12501.7200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2023

Tax Info

  • Unexempt Taxes: 2351
  • TaxBlock: A
  • Tax Lot: 16

MLS Schools

  • Middle School Name: Reynolds
  • Elementary School Name: Sam Johnson
  • High School Name: Prosper

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Apr 8, 2024
Sold by
Induri Lakshmi Tejaswi and Korlagunta Prabandh
Bought by
Qadeer Umar and Qureshi Zonera
Seller's Agent
nitin gupta
Competitive Edge Realty LLC
Buyer's Agent
Ram Konara
StarPro Realty Inc.
List Price
$950,000
Views
115
Current Estimated Value
$967,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$755,000
Outstanding Balance
$743,762
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$226,367

Purchase Details

Closed on
Aug 31, 2023
Sold by
First Texas Homes Inc
Bought by
Induri Lakshmi Tejaswi and Korlagunta Prabandh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Qadeer Umar -- Chicago Title
Induri Lakshmi Tejaswi -- Sendera Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qadeer Umar $755,000
Previous Owner Induri Lakshmi Tejaswi $688,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2024 04/08/24 Sold -- -- --
03/09/2024 03/09/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $930,000 -2.1% $216 / Sq Ft
12/16/2023 12/16/23 For Sale $950,000 -- $220 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,686 $898,554 $207,000 $691,554
2024 $18,686 $938,640 $190,000 $748,640
2023 $18,686 $117,650 $117,650 $0
2022 $1,890 $86,425 $86,425 $0
Source: Public Records

Agents Affiliated with this Home

  • nitin gupta

    Seller's Agent in 2024

    nitin gupta

    Competitive Edge Realty LLC

    (469) 269-6541

    3 in this area

    146 Total Sales

    nitin gupta
    Section Image
  • Ram Konara

    Buyer's Agent in 2024

    Ram Konara

    StarPro Realty Inc.

    (972) 370-2211

    81 in this area

    2,720 Total Sales

    Ram Konara
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20496170

North Texas Real Estate Information Systems (NTREIS)

APN: R-12591-00A-0160-1

Texas Collin County Prosper 75078

1640 Mcmaster Ln, Prosper, TX

Not Listed for Sale

Detached

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