NOT LISTED FOR SALE

311 Lake Trail Ln Prosper, TX 75078

Estimated Value: $693,000 - $845,000

4 Beds
3 Baths
3,620 Sq Ft
$219/Sq Ft Est. Value

Last Sold July 22, 2024

Current estimated payment $5,335/month

5 Days on Market

Highlights

  • Pool and Spa
  • Open Floorplan
  • Wood Flooring
  • Ralph and Mary Lynn Boyer Elementary School Rated A
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of July 2024

Nestled in the serene neighborhood of Lakes of Prosper, 311 Lake Trail Ln. embodies suburban luxury. This exquisite Highland Home boasts a spacious layout, including a first floor office and media room, and two bedrooms downstairs. The two story den features a stone fireplace, a wall of built-ins, and like the office with French doors, it has backyard views. Adorned with modern finishes, the island kitchen features Silestone surfaces, white cabinetry and Stainless Steel appliances. Enjoy private outdoor living under the beautiful pergola or while relaxing in the Pebbletech waterfall pool with spa. Also, hardwood floors, ceiling fans in all bedrooms, patio, and pergola, upgraded 4 inch shutters, roof with extra vents, and more. Meticulously maintained home accompanied with the original home builder warranty. This home is conveniently located near the North Dallas Tollway, Prosper High School, the PGA of America, and the popular dining and shopping options on Preston Rd. in Prosper.

Last Agent to Sell the Property

Debbie Murray

Allie Beth Allman & Assoc. Brokerage Phone: 214-521-7355 License #0358118 Listed on: 06/08/2024

Allie Beth Allman & Assoc.

Last Buyer's Agent

Roshani Fernando

Fathom Realty License #0685043

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,352

Year Built

  • Built in 2016

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 3,620 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Home Theater Equipment
  • Wired For A Flat Screen TV
  • Ceiling Fan
  • Decorative Lighting
  • Gas Log Fireplace
  • Window Treatments

Kitchen

  • Plumbed For Gas In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • In Ground Pool
  • Pool Pump

Outdoor Features

  • Lake Pump
  • Covered Patio or Porch

Schools

  • Ralph And Mary Lynn Boyer Elementary School
  • Reynolds Middle School
  • Prosper High School

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 70 / H
  • Assessor Parcel Number R1106800H07001
  • $12,336 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, management fees
  • Lakes Of Prosper Homeowner's Assoc. HOA, Phone Number (214) 494-6002
  • Lakes Of Prosper Ph Five A Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,352

Year Built

Built in 2016

Lot Details

0

HOA Fees

$65 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, Security System, Security System Owned, Smoke Detector(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: No
  • Lake Pump Y N: Yes
  • Attribution Contact: 214-521-7355
  • Special Features: None

Interior Features

  • Square Footage: 3620.00
  • Windows: Window Coverings
  • Fireplace Features: Gas, Gas Logs, Gas Starter
  • Interior Amenities: Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Flooring: Carpet, Wood
  • Appliances: Dishwasher, Disposal, Microwave, Plumbed For Gas in Kitchen
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Other Equipment: Home Theater
  • Room Count: 11

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Community Pool, Curbs, Playground, Pool, Sidewalks
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Pool Features: In Ground, Outdoor Pool, Pool/Spa Combo, Pump
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s)
  • Garage Spaces: 3
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Front, Tandem
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • LaundryFeatures: Utility Room, Full Size W/D Area
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Management Fees
  • Association Fee: 390
  • Association Fee Frequency: Semi-Annual
  • Association Type: Mandatory
  • Hoa Management Company: Lakes of Prosper Homeowner's Assoc.
  • HOA Management Company: 2144946002

Schools

  • School District: Prosper ISD
  • Elementary School: Ralph and Mary Lynn Boyer
  • Middle School: Reynolds
  • High School: Prosper
  • School District: Prosper ISD
  • Elementary School: Ralph and Mary Lynn Boyer

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.2400
  • Parcel Number: R1106800H07001
  • Lot Size Acres: 0.2400
  • Lot Size Sq Ft: 10454.4000

Green Features

  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 2016
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 12336
  • Special Taxing Entities: No
  • TaxBlock: H
  • Tax Lot: 70

MLS Schools

  • Middle School Name: Reynolds
  • Elementary School Name: Ralph and Mary Lynn Boyer
  • High School Name: Prosper

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Jul 24, 2024
Sold by
National Residential Nominee Services In
Bought by
Baviskar Rajivkumar and Shimpi Kalyani Rajendra
Seller's Agent
Debbie Murray
Allie Beth Allman & Assoc.
Buyer's Agent
Roshani Fernando
Fathom Realty
List Price
$825,000
Views
33
Current Estimated Value
$793,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.44%
Original Mortgage
$530,000
Outstanding Balance
$524,564
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$278,697

Purchase Details

Closed on
Jul 21, 2017
Sold by
Highland Homes Dallas Llc
Bought by
Harris James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Baviskar Rajivkumar -- None Listed On Document
National Residential Nominee Services Inc -- Chicago Title
Harris James B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baviskar Rajivkumar $530,000
Previous Owner Harris James B $315,000
Previous Owner Harris James B $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold -- -- --
06/14/2024 06/14/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $825,000 -- $228 / 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
2024 $11,352 $679,151 $180,000 $635,000
2023 $11,352 $617,410 $180,000 $592,000
2022 $12,273 $561,282 $140,000 $531,000
2021 $11,326 $510,256 $105,000 $405,256
2020 $11,650 $496,892 $100,000 $396,892
2019 $12,207 $497,817 $100,000 $397,817
2018 $12,650 $513,817 $100,000 $413,817
2017 $2,240 $90,976 $79,000 $11,976
Source: Public Records

Agents Affiliated with this Home

  • Debbie Murray

    Seller's Agent in 2024

    Debbie Murray

    Allie Beth Allman & Assoc.

    (214) 558-1004

    3 in this area

    40 Total Sales

    Debbie Murray
    Section Image

  • R

    Buyer's Agent in 2024

    Roshani Fernando

    Fathom Realty

    (469) 328-9580

    1 in this area

    21 Total Sales

    Roshani Fernando
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20638681

North Texas Real Estate Information Systems (NTREIS)

APN: R-11068-00H-0700-1

Texas Collin County Prosper 75078

311 Lake Trail Ln, Prosper, TX

This home is located at 311 Lake Trail Ln, Prosper, TX 75078 since 08 June 2024 and is currently estimated at $793,577, approximately $219 per square foot. This property was built in 2016. 311 Lake Trail Ln is a home located in Collin County with nearby schools including Ralph and Mary Lynn Boyer Elementary School, Reynolds Middle School, and Prosper High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

Nearby Homes