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$755,000

840 Waterview Dr, Prosper, TX, 75078

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,843 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.46 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Gas Cooktop, Disposal, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,373 sqft

Building Information

Year Built2016
Stories2
Garage Spaces3

Land Information

APNR-10872-00F-0040-1
Lot Number4
SubdivisionLakes Of Prosper North Phase 2 (Cpr)
Land UseResidential
Legal DescriptionLAKES OF PROSPER NORTH PHASE 2 (CPR), BLK F, LOT 4
Census Tract030304
Assessed Land Value$190,000
Assessed Improvement Value$555,231
Assessment Year2026

About this property

Welcome to 840 Waterview Drive, a spacious 4-bedroom, 3.5-bath home with a 3-car garage in the highly sought-after community of Lakes of Prosper North. Built by Megatel Homes in 2016, this well-maintained home offers 3,843 square feet with a versatile floor plan designed for comfortable everyday living and entertaining. Inside, generous living spaces provide plenty of room to spread out, while the well-appointed kitchen serves as a natural gathering point for family and guests. The spacious primary suite offers a relaxing retreat, and three additional bedrooms provide flexibility for family, guests, a home office, or other needs. Multiple living areas create even more options for entertaining, recreation, or quiet time at home. Recent improvements add valuable peace of mind and functionality, including new AC units installed in June 2026. Solar screens help with energy efficiency and comfort, while the garage features professionally installed epoxy flooring, creating a clean and durable space for vehicles, storage, hobbies, or a workshop. One of the home's biggest advantages is its exceptional location. Enjoy walking distance to Prosper ISD Children's Health Stadium, Frontier Park, fishing ponds, and Prosper High School. The Dallas North Tollway is also nearby, providing convenient access to surrounding communities, shopping, dining, employment centers, and the greater DFW area. With its generous floor plan, 3-car garage, recent improvements, and unbeatable proximity to some of Prosper's most popular destinations, 840 Waterview Drive offers an exceptional opportunity to enjoy the best of Prosper living. Come see all this home has to offer!

Investor Tools

$311,074Estimated Mortgage Balance
$510,926Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,932 /month
Positive
Cash Flow Estimate:
$1,644 /month

Interested in this property?

Holly Haven

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,045
$745,231
2026
$190,000
$555,231
$745,231
No

Tax History

Year
Tax Paid
Assessed Value
2025
$15,045
$745,231

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Unknown
$376,000
No
First
Apr 6, 2018
May 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,074
$510,926
62%
38%
$2,255/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$2,255/mo
+$1,195/mo
5.0%

City: Prosper

840 Waterview Dr | Property Details | No Agent List