NOT LISTED FOR SALE

981 Rustic Ln Prosper, TX 75078

Estimated Value: $725,661 - $848,000

4 Beds
4 Baths
3,250 Sq Ft
$244/Sq Ft Est. Value

About This Home

This home is located at 981 Rustic Ln, Prosper, TX 75078 and is currently estimated at $793,665, approximately $244 per square foot. 981 Rustic Ln is a home with nearby schools including Ralph and Mary Lynn Boyer Elementary School, Reynolds Middle School, and Prosper High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2019
Sold by
Young Jon Tyler and Young Lori Ann
Bought by
Gang Cody D
Current Estimated Value
$793,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$245,707
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$547,958

Purchase Details

Closed on
Oct 9, 2015
Sold by
Macchi Tyler H
Bought by
Young Jon Tyler and Young Lori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,933
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2014
Sold by
Megatel Homes Inc
Bought by
Burks George David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,200
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2013
Sold by
Cadg Prosper Lakes North Llc
Bought by
Megatel Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2011
Sold by
Bon Terre B Ltd
Bought by
Highland Homes Ltd
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Gang Cody D -- Allegiance Title
Young Jon Tyler -- None Available
Burks George David -- Chicago Title
Megatel Homes Inc -- Ort
Highland Homes Ltd -- Ortc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gang Cody D $280,000
Previous Owner Young Jon Tyler $315,933
Previous Owner Burks George David $315,200
Previous Owner Megatel Homes Inc $197,200
Source: Public Records

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 $9,881 $660,298 $190,000 $506,311
2024 $9,881 $600,271 $190,000 $535,610
2023 $9,881 $545,701 $180,000 $500,015
2022 $10,847 $496,092 $140,000 $458,367
2021 $10,010 $450,993 $105,000 $345,993
2020 $10,104 $430,980 $100,000 $330,980
2019 $11,059 $451,000 $100,000 $351,000
2018 $10,955 $444,963 $100,000 $361,007
2017 $9,959 $404,512 $100,000 $304,512
2016 $9,873 $398,184 $90,000 $308,184
2015 $3,130 $379,682 $90,000 $289,682
Source: Public Records

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