NOT LISTED FOR SALE

Estimated Value: $1,054,000 - $1,256,000

4 Beds
6 Baths
4,024 Sq Ft
$287/Sq Ft Est. Value

Last Sold February 16, 2024

Current estimated payment $8,177/month

57 Days on Market

Highlights

  • Community Boat Dock
  • Fitness Center
  • Open Floorplan
  • Lorene Rogers Middle School Rated A
  • Fishing
  • Clubhouse

About This Home

As of February 2024

Almost new fully upgraded Highland Home in Mustang Lakes with oversized lot. This unique floorplan mimics a 1-story, with private guest area upstairs. First floor features a chef’s kitchen with premium brand appliances & a luxurious primary bath with freestanding tub & oversized shower. First floor bedrooms split by a media room for privacy, a study with built-in cabinetry, & a convenient built-in workspace off the kitchen. The primary bedroom boasts a gigantic walk-in closet with built-ins & direct access to the utility room. Upstairs, you'll find a private guest suite with a game room, wet bar, double-desk work area, 4th bedroom with full bath, & extra half bath. Outside, the home offers an outdoor kitchen, covered living space, extended patio area, & a wall of slider doors overlooking the backyard. Additionally, it features a Lutron lighting system with dimmers & upgraded AV package. Zoned Prosper ISD including Johnson Elementary - in the neighborhood within walking distance.

Last Agent to Sell the Property

Steve Allcorn

RE/MAX DFW Associates Brokerage Phone: 214-597-2580 License #0398438 Listed on: 11/13/2023

RE/MAX DFW Associates

Co-Listed By

Caroline Deeter

RE/MAX DFW Associates IV Brokerage Phone: 214-597-2580 License #0714588

Last Buyer's Agent

Claire Hanks

DHS Realty License #0599163

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Water-Smart Landscaping
  • Interior Lot
  • Sprinkler System
  • Drought Tolerant Landscaping
  • Back Yard

HOA Fees

  • $146 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Parking Accessed On Kitchen Level
  • Lighted Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Golf Cart Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stone Veneer

Interior Spaces

  • 4,024 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Sound System
  • Wired For A Flat Screen TV
  • Built-In Features
  • Cathedral Ceiling
  • Decorative Lighting
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Window Treatments
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Low Flow Toliet

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Home Security

  • Security System Owned
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Rain or Freeze Sensor
  • ENERGY STAR/ACCA RSI Qualified Installation
  • ENERGY STAR Qualified Equipment for Heating
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Gas Grill
  • Rain Gutters

Schools

  • Sam Johnson Elementary School
  • Lorene Rogers Middle School
  • Prosper High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 20 / LL
  • Assessor Parcel Number R124380LL02001
  • $17,200 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, ground maintenance, management fees, front yard maintenance
  • Insight HOA, Phone Number (972) 993-6733
  • Mustang Lakes Ph Five Subdivision
  • Mandatory home owners association
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Boat Dock
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

0.28 Acres

HOA Fees

$146 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
  • Security: Burglar, Carbon Monoxide Detector(s), Fire Alarm, Security System, Security System Owned, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Horse Permitted Y N: No
  • Lake Pump Y N: No
  • Attribution Contact: 214-597-2580
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Square Footage: 4024.00
  • Windows: Window Coverings
  • Fireplace Features: Family Room, Gas Logs, Glass Doors
  • Interior Amenities: Built-in Features, Built-in Wine Cooler, Cable TV Available, Cathedral Ceiling(s), Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Smart Home System, Sound System Wiring, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, In-Law Suite Floorplan
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Appliances: Built-in Gas Range, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Double Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 4
  • Room Count: 16

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Easements: Utilities
  • Pool: No
  • Foundation: Slab
  • Community Features: Club House, Community Dock, Community Pool, Curbs, Fishing, Fitness Center, Greenbelt, Jogging Path/Bike Path, Park, Playground, Pool, Sidewalks, Tennis Court(s)
  • Fencing: Back Yard, Fenced, Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick, Stone Veneer
  • Exterior Features: Attached Grill, Covered Patio/Porch, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen
  • Waterfront: No
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Cooling System: Central Air, Electric, ENERGY STAR Qualified Equipment, Zoned
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Garage Double Door, Driveway, Garage, Garage Door Opener, Garage Faces Side, Golf Cart Garage, Inside Entrance, Kitchen Level, Lighted
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, ENERGY STAR Qualified Equipment, ENERGY STAR/ACCA RSI Qualified Installation, Fireplace(s), Natural Gas, Zoned
  • LaundryFeatures: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
  • Utilities: All Weather Road, Cable Available, City Sewer, City Water, Concrete, Curbs, Natural Gas Available, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Grounds, Management Fees, Front Yard Maintenance
  • Association Fee: 146
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: Insight
  • HOA Management Company: (972) 993-6733

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot, Landscaped, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.2800
  • Parcel Number: R124380LL02001
  • Lot Size Acres: 0.2800
  • Lot Size Sq Ft: 12196.8000

Green Features

  • GreenWaterConservation: Low-Flow Fixtures, Water-Smart Landscaping
  • Efficiency: Drought Tolerant Plants, Low Flow Commode, Rain / Freeze Sensors, Thermostat
  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 2022
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 17200
  • Special Taxing Entities: No
  • TaxBlock: LL
  • Tax Lot: 20

MLS Schools

  • Middle School Name: Lorene Rogers
  • Elementary School Name: Sam Johnson
  • High School Name: Prosper

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Feb 16, 2024
Sold by
Lowe Scott and Lowe Brittany Lynn
Bought by
Hanks Graham G
Seller's Agent
Steve Allcorn
RE/MAX DFW Associates
Buyer's Agent
Claire Hanks
DHS Realty
List Price
$1,275,000
Views
20
Current Estimated Value
$1,152,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.91%
Original Mortgage
$878,000
Outstanding Balance
$862,513
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$290,430

Purchase Details

Listed on
Nov 5, 2022
Closed on
Apr 10, 2023
Sold by
Highland Homes Dallas Llc
Bought by
Lowe Scott and Lowe Brittany Lynn
Seller's Agent
Ben Caballero
HomesUSA.com
Buyer's Agent
Non-NTREIS MLS Licensee
NON MLS
List Price
$1,265,790
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.49%
Original Mortgage
$720,000
Interest Rate
6.5%
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
Hanks Graham G -- Truly Title
Lowe Scott -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanks Graham G $878,000
Previous Owner Lowe Scott $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold -- -- --
01/10/2024 01/10/24 Pending -- -- --
11/21/2023 11/21/23 Price Changed $1,175,000 -7.8% $292 / Sq Ft
11/13/2023 11/13/23 For Sale $1,275,000 +14.0% $317 / Sq Ft
04/07/2023 04/07/23 Sold -- -- -- View Prior Sale
02/23/2023 02/23/23 Price Changed $1,118,184 +2.3% $283 / Sq Ft
02/10/2023 02/10/23 Price Changed $1,093,070 +0.3% $277 / Sq Ft
01/16/2023 01/16/23 Price Changed $1,090,000 -13.9% $276 / Sq Ft
11/05/2022 11/05/22 For Sale $1,265,790 -- $321 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $24,389 $1,144,423 $325,000 $819,423
2024 $25,433 $1,043,064 $325,000 $718,064
2023 $25,433 $818,949 $231,000 $587,949
2022 $3,577 $154,770 $154,770 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20475120

North Texas Real Estate Information Systems (NTREIS)

APN: R-12438-0LL-0200-1

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