Seller's Agent in 2025
Lorraine Terkelsen
RE/MAX
1 in this area
51 Total Sales
4240 Tranquility Ln Prosper, TX 75078
Estimated Value: $2,208,000 - $2,234,912
5
Beds
5
Baths
5,222
Sq Ft
$426/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Two Primary Bedrooms
- Built-In Refrigerator
- Cynthia A. Cockrell Elementary School Rated A
- Gated Community
- 1.01 Acre Lot
About This Home
As of November 2025Located in a gated estate community, this home welcomes you with a circular driveway leading to the courtyard that provides entrances to both the main home and the casita. You enter into the dining room with views of the pool, then step into the living room with hand-scraped wood floors, a coffered beamed ceiling, a fire glass fireplace, and large windows that frame the backyard oasis. The chef’s kitchen is designed for entertaining, featuring Wolf appliances, a 6-burner range with a wall-mounted faucet for filling large pots, double ovens, and a custom walk-in pantry. Just off the kitchen, the breakfast room offers two wine coolers, a coffee bar with built-ins, and casual dining with a view. The owner’s suite is a private retreat with a seating area and pool views. The spa-inspired bath includes separate vanities, a soaking tub, and a walk-in shower, while dual closets are tucked away in a private dressing area. All of the bedrooms are generously sized, each offering the privacy of an ensuite bath. The den is tucked away for cozy evenings, with pocket doors that close over the windows for dark movie viewing or open to enjoy natural light and game nights. A private office with built-in bookshelves provides the perfect work-from-home setting. The home flows seamlessly outdoors to two covered living spaces overlooking the 10-foot deep pool, raised sunning deck, and firepit. An outdoor kitchen with granite bar seating completes the resort-style setting. The backyard offers multiple spaces for dining, lounging, and play, all surrounded by lush landscaping. The private casita offers a living room, vaulted beamed ceiling in the bedroom, bath, laundry, and separate entrance—ideal for guests or extended family. A 3-car garage plus an additional 1-car garage with staircase to attic storage access provide excellent additional storage. This exclusive gated neighborhood offers privacy while remaining close to shopping, dining, and top schools.
Last Agent to Sell the Property
RE/MAX DFW Associates Brokerage Phone: 903-235-5237 License #0674535 Listed on: 08/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,759
Year Built
- Built in 2015
Lot Details
- 1 Acre Lot
- Private Entrance
- Wrought Iron Fence
- Landscaped
- Sprinkler System
- Private Yard
- Garden
HOA Fees
- $192 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Parking Accessed On Kitchen Level
- Lighted Parking
- Front Facing Garage
- Side Facing Garage
- Epoxy
- Multiple Garage Doors
- Garage Door Opener
- Circular Driveway
- Additional Parking
Home Design
- Farmhouse Style Home
- Modern Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Stone Veneer
Interior Spaces
- 5,222 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wired For Sound
- Built-In Features
- Dry Bar
- Paneling
- Vaulted Ceiling
- Ceiling Fan
- Chandelier
- Decorative Lighting
- Raised Hearth
- Fireplace With Glass Doors
- Gas Fireplace
- Living Room with Fireplace
Kitchen
- Walk-In Pantry
- Double Oven
- Gas Cooktop
- Microwave
- Built-In Refrigerator
- Dishwasher
- Wine Cooler
- Wolf Appliances
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Double Master Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- 5 Full Bathrooms
- Soaking Tub
Laundry
- Laundry in Utility Room
- Washer and Gas Dryer Hookup
Home Security
- Wireless Security System
- Security Lights
- Security Gate
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- In Ground Pool
- Fence Around Pool
- Pool Water Feature
- Gunite Pool
Outdoor Features
- Covered Patio or Porch
- Outdoor Living Area
- Outdoor Kitchen
- Covered Courtyard
- Fire Pit
- Exterior Lighting
- Built-In Barbecue
- Rain Gutters
Schools
- Cynthia A Cockrell Elementary School
- Lorene Rogers Middle School
- Walnut Grove High School
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
- Vented Exhaust Fan
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 4 / A
- Assessor Parcel Number R959500A00401
Community Details
Overview
- Association fees include management
- Goodwin Of Texas Association
- Christie Farms Ph 1 Subdivision
Security
- Gated Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2025
Closed on
Nov 17, 2025
Sold by
Bought by
Seller's Agent
Lorraine Terkelsen
RE/MAX DFW Associates
Buyer's Agent
Susie Grant
Berkshire HathawayHS PenFed TX
List Price
$2,299,000
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.99%
Original Mortgage
$1,293,750
Outstanding Balance
$1,293,750
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$931,221
Purchase Details
Listed on
Dec 29, 2023
Closed on
Feb 27, 2024
Sold by
Bought by
Seller's Agent
Danielle Durbin
SevenHaus Realty
Buyer's Agent
Paul Bush
Keller Williams Legacy
List Price
$2,200,000
Views
87
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$1,660,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 10, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Independence Title | ||
| -- | Capital Title Of Texas Llc | ||
| -- | Capital Title Of Texas Llc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,293,750 | ||
| Previous Owner | $1,660,000 | ||
| Previous Owner | $700,500 | ||
| Previous Owner | $815,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/17/2025 11/17/25 | Sold | -- | -- | -- | |
| 08/29/2025 08/29/25 | For Sale | $2,299,000 | +9.5% | $440 / Sq Ft | |
| 02/27/2024 02/27/24 | Sold | -- | -- | -- | View Prior Sale |
| 01/25/2024 01/25/24 | Pending | -- | -- | -- | |
| 01/17/2024 01/17/24 | Price Changed | $2,100,000 | -4.5% | $402 / Sq Ft | |
| 12/29/2023 12/29/23 | For Sale | $2,200,000 | -- | $421 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $45,114 | $2,313,949 | $402,000 | $1,911,949 |
| 2024 | $29,655 | $1,645,560 | $301,500 | $1,347,872 |
| 2023 | $29,655 | $1,495,964 | $301,500 | $1,473,105 |
| 2022 | $29,737 | $1,359,967 | $251,250 | $1,373,037 |
| 2021 | $27,442 | $1,236,334 | $251,250 | $985,084 |
| 2020 | $28,571 | $1,218,609 | $251,250 | $967,359 |
| 2019 | $28,942 | $1,180,321 | $251,250 | $929,071 |
| 2018 | $29,535 | $1,199,590 | $251,250 | $948,340 |
| 2017 | $26,635 | $1,081,813 | $251,250 | $830,563 |
| 2016 | $11,406 | $459,977 | $250,000 | $209,977 |
| 2015 | $1,579 | $146,000 | $146,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lorraine Terkelsen
-
Susie Grant
Buyer's Agent in 2025
Susie Grant
Berkshire HathawayHS PenFed TX
(214) 707-8305
2 in this area
106 Total Sales
-
Danielle Durbin
D
Seller's Agent in 2024
Danielle Durbin
SevenHaus Realty
(972) 884-5093
31 in this area
281 Total Sales
-
Daniel Durbin
D
Seller Co-Listing Agent in 2024
Daniel Durbin
SevenHaus Realty
(214) 906-9450
24 in this area
219 Total Sales
-
Paul Bush
Buyer's Agent in 2024
Paul Bush
Keller Williams Legacy
(469) 939-8944
2 in this area
86 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21043001
APN: R-9595-00A-0040-1
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.
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 2026. All rights reserved
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