UNDER CONTRACT
$50K PRICE DROP
341 Lake Trail Ln Prosper, TX 75078
Estimated payment $5,866/month
Total Views
4,868
4
Beds
3.5
Baths
3,894
Sq Ft
$205
Price per Sq Ft
Highlights
- Fishing
- Open Floorplan
- Traditional Architecture
- Ralph and Mary Lynn Boyer Elementary School Rated A
- Community Lake
- Wood Flooring
About This Home
$50,000 price reduction! Stunning 2020 built home in the Lakes of Prosper — North facing + prime Prosper ISD location! Located in the sought-after and conveniently located Lakes of Prosper, this beautifully designed home offers nearly 3,900 square feet of well-planned living space on a generous, pool-ready quarter-acre lot. With 4 bedrooms, a 3-car garage, a GREAT KITCHEN and bonus storage upstairs, this home checks all the boxes for comfort, functionality, and style. At the heart of the home is a true chef’s kitchen—complete with high-end appliances, an oversized island, abundant cabinetry, and ample prep space—perfect for everyday living or effortless entertaining. The open layout flows seamlessly into bright, inviting living and dining areas filled with natural light. Upstairs, you’ll find 3 bedrooms and flexible spaces ideal for a media room, second home office, or playroom. The spacious primary suite offers a relaxing retreat with a spa-like bath with overhead rain shower and large walk-in closet. All of this, just minutes from the Dallas North Tollway, Prosper High School and Frontier Park, with access to scenic trails, lakes, and community amenities. A well-priced opportunity in one of Prosper ISD’s most desirable neighborhoods.
Listing Agent
Compass RE Texas, LLC Brokerage Phone: 972-292-8033 License #0589822 Listed on: 04/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,757
Year Built
- Built in 2020
Lot Details
- 10,454 Sq Ft Lot
- Wood Fence
- Water-Smart Landscaping
- Interior Lot
- Level Lot
- Sprinkler System
- Few Trees
- Private Yard
- Back Yard
HOA Fees
- $135 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Stone Veneer
Interior Spaces
- 3,894 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Data
- Ceiling Fan
- Self Contained Fireplace Unit Or Insert
- Gas Fireplace
- Sealed Combustion
- ENERGY STAR Qualified Windows
- Window Treatments
- Living Room with Fireplace
- Washer and Electric Dryer Hookup
Kitchen
- Eat-In Kitchen
- Double Convection Oven
- Electric Oven
- Built-In Gas Range
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Home Security
- Home Security System
- Carbon Monoxide Detectors
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Construction
- Energy-Efficient HVAC
- Energy-Efficient Insulation
- ENERGY STAR Qualified Equipment for Heating
Outdoor Features
- Covered patio or porch
- Rain Gutters
Schools
- Ralph And Mary Lynn Boyer Elementary School
- Prosper High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Underground Utilities
- Tankless Water Heater
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 73 / H
- Assessor Parcel Number R1106800H07301
Community Details
Overview
- Association fees include all facilities, management, ground maintenance
- Insight Assoc Mgmt Association
- Lakes Of Prosper Ph Five A Subdivision
- Community Lake
Recreation
- Community Pool
- Fishing
- Park
Map
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
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $15,757 | $747,679 | $180,000 | $567,679 |
| 2022 | $14,345 | $656,072 | $140,000 | $516,072 |
| 2021 | $11,049 | $497,772 | $105,000 | $392,772 |
| 2020 | $1,829 | $78,000 | $78,000 | $0 |
| 2019 | $1,545 | $63,000 | $63,000 | $0 |
| 2018 | $1,699 | $69,000 | $69,000 | $0 |
| 2017 | $1,576 | $64,000 | $64,000 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Price Changed | $800,000 | -3.6% | $205 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $830,000 | -2.4% | $213 / Sq Ft |
| 04/23/2025 04/23/25 | For Sale | $850,000 | -- | $218 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $465,612 | New Conventional |
Source: Public Records
Similar Homes in Prosper, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20912712
APN: R-11068-00H-0730-1
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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
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