$925,000
●
House -
For Sale
132 Townlake Drive
Prosper, TX 75078
4 Beds
4 Baths
4,383 Ft²
$4,942
Est. Monthly
$400
HOA / Fees
About This Property
Set against a peaceful greenbelt adjacent to Town Lake Park, this
exceptional 4-bedroom, 3-bath home offers elevated living in
Prosper ISD. Designed for entertaining, it features multiple living
spaces, a game and media room, and an impressive outdoor retreat
with a covered living area, outdoor kitchen, fire pit, and spa. The
custom kitchen features a Sub-Zero refrigerator and 5-burner gas
cooktop, opening seamlessly to the family and dining areas with
large windows overlooking the greenbelt. The downstairs primary
suite includes a sitting area, luxurious bath, and custom closet,
while a second downstairs bedroom and private living area are ideal
for guests or multigenerational living. Two additional bedrooms and
a game or media room are upstairs. A split 3-car garage, including
an air-conditioned single bay, completes this thoughtfully designed
home.
Unit Size
4,383 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$211
Property Type
House
Property Taxes
-
HOA Dues
$400
Year Built
2011
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (NTREIS #21355306)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2026 | Listed by Compass RE Texas, LLC. | $925,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Aug 11, 2023 | Listed by Thedford & Associates Realty | $899,000 | |
| Listed by Thedford & Associates Realty | |||
| | |||
|
This exquisite 4 bedroom, 3 bath home offers unparalleled living in Prosper ISD! This home is an entertainer’s dream including a game room and media room, well-appointed outdoor living area and kitchen, fire pit and spa overlooking a lush greenbelt adjacent to Town Lake Park. The custom kitchen features a Sub-Zero refrigerator and a state-of-the-art 5-burner gas cooktop and is open to the gracious family room and dining areas which boast large windows offering a view to the beautiful outdoor living area and greenbelt. Both the library and the study have built-in cabinetry. The primary bedroom is downstairs with a sitting area, luxurious bathroom, and custom closet system. The additional bedroom downstairs has an adjacent bathroom, as well as its own living-media room, perfect for extended family! There are 2 bedrooms located upstairs, as well as a game or media room. The 3-car garage is split with the single bay air-conditioned. Attention to detail in this stunning home is a must-see!
| |||
| Dec 4, 2020 | Sold | ||
| Sold | |||
| Oct 30, 2020 | Listed by Keller Williams NO. Collin Cty | $665,000 | |
| Listed by Keller Williams NO. Collin Cty | |||
| | |||
|
One of a Kind, customized home in sought after Prosper. Owners have spared no expense in this gorgeous home. Attention to detail in every aspect of the design! Formal dining has large windows to bring in the light. Beautiful Roman Shades by Cathy Adams Interiors. His & her studies with striking built-in cabinetry. Rich, dark wood paneling in his study and cool hues in her study. The huge family room has a wall of windows overlooking a lush greenbelt. Amazing stone fireplace soars to the 2nd floor! Gourmet kitchen with rich granite, dark wood cabinetry, 5 burner gas cooktop & built-in subzero fridge. The backyard is an entertainer's dream with an outdoor kitchen that is 2nd to none! Call for a list of Upgrades.
| |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Epoxy Flooring, Garage Single Door
Garage Spaces: 3
Interior Details
Full Bathrooms: 4
Interior Features: Central Vacuum, Granite Counters, High Speed Internet, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Cable TV Available, Decorative Lighting, Flat Screen Wiring, In-Law Suite Floorplan
Appliances: Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Vented Exhaust Fan, Plumbed For Gas in Kitchen
Flooring Type: Carpet, Ceramic Tile, Terrazzo, Wood
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup, Utility Room, Full Size W/D Area
Has Fireplace
Fireplace Features: Family Room, Gas Log, Gas Starter, Stone
Fireplaces: 2
Exterior Details
Square Footage: 4383
Security Features: Fire Alarm, Prewired, Security Lights, Security System, Smoke Detector(s), Burglar
Architectural Style: Traditional
Year Built: 2011
Levels: Two
Construction Materials: Brick, Stone
Patio and Porch Features: Covered
Lot Features: Few Trees, Interior Lot, Landscaped, Adjacent to Greenbelt, Park View, Sprinkler System, Subdivision
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Lot Size Square Feet: 10454.4
Tax Lot: 5
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Zoned
Heating Type: Central, Natural Gas, Zoned
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Full Use of Facilities, Management Fees
HOA Fee: $400
HOA Fee Frequency: Semi-Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Prosper
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Listed by: Ace Lahli, Compass RE Texas, LLC.
Last Updated: 3 months ago
Data Source: NTREIS MLS, MLS# 21355306
Details provided by NTREIS and may not match the public record
Last Updated: 3 months ago
Data Source: NTREIS MLS, MLS# 21355306
Details provided by NTREIS and may not match the public record
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