See Home Value
Prosper 75078
1640 Mcmaster Lane
$837,000 - $1,023,000
House - Off Market

1640 Mcmaster Lane

Prosper, TX 75078
bedrooms
6 Beds
bathrooms
4 Baths
square feet
4309 Sqft
Sold Sep 01, 2023
$915,040
$688,000 by Everett Financial, Inc.
Mortgage Due Sep 01, 2053

About This Property

Elegant 2023 built home with all the bells & whistles in Prosper ISD. Beautiful open floor plan with 2 story family room ceiling! Open family to living room with oversized California island. This home features a curved staircase as a major focal point. Amazing Pantry-Butler's pantry separating the kitchen from the 2nd Dining and 2nd Living room. 2nd Primary suite upstairs! Very inviting curb appeal!!! Drive up to your home every day saying WOW! Close to shopping and all major highways in the heart of PROSPER. Walking distance to Prosper High School and no MUD or PID. Discover your dream home in picturesque Prosper, Texas!

The manager has listed the unit size as 4309 square feet.
Unit Size
4,309Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$216
Property Type
House
Property Taxes
-
HOA Dues
$750
Year Built
2023

Price History

Date / Event Date Event Price
Apr 29, 2024 No longer available -
No longer available
Mar 24, 2024 In contract -
In contract
Feb 3, 2024 Price Decreased $930,000
↓ $20K (2.1%)
Price Decreased
Dec 17, 2023 Listed $950,000
Listed
Sep 1, 2023 Sold to Lakshmi Tejaswi Induri, Pra... $915,040
Sold to Lakshmi Tejaswi Induri, Pra...
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 667
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 4,975
  • Gross Building Area: 5,098
  • Building Area: 4,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,308
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMBRIDGE PARK ESTATES PHASE 1 (CPR)
  • Land Acres: 0.287
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: CAMBRIDGE PARK ESTATES PHASE 1 (CPR), BLK A, LOT 16

Ownership

  • Current Owner : INDURI LAKSHMI TEJASWI
  • Current Owner 2: KORLAGUNTA PRABANDH
  • Previous Owner : FIRST TEXAS HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prosper Independent School District
  • School Tax School District: PROSPER ISD
  • Census Tract: 030304

Geography

  • District: CPR
  • Parcel: R-12591-00A-0160-1
  • Block: A
  • Lot: 16
  • Municipality: PROSPER TOWN
  • Latitude: 33.2554
  • Longitude: -96.785

    Address

  • Full Address: 1640 Mcmaster Ln
  • Address - House Number: 1640
  • Address - Street Name: Mcmaster
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Prosper
  • Carrier Code: R027
  • 4-Digit Zip Code: 2815
  • Zip Code: 75078

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,351
  • Tax Rate Code Area: SPR

    Appraisal Valuation

  • Standard Deviation: 0.2256
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,019,405
  • High Value: 1,249,458
  • Low Value: 789,352

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $688,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL, INC.
  • First Open Lien Mortgage Recording Date: Sep 01, 2023
  • First Open Lien Mortgage Loan Amount: $688,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $117,650
  • Market Land Value: $117,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,650
  • Assessed Land Value: $117,650

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Transaction ID: 11912506634
  • Current Sale Price: $915,040
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 101056

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL, INC.
  • First Mortgage Transaction Date: Sep 01, 2023
  • First Mortgage Loan Amount: $688,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
3 Baths
2,978 ft²
$268/ft²
$798,950 Aug 22, 2023
-
$750/mo
House
5 Beds
4 Baths
4,284 ft²
$234/ft²
$1,001,950 Aug 16, 2023
-
$750/mo
House
5 Beds
4 Baths
4,448 ft²
$226/ft²
$1,005,950 Aug 16, 2023
-
$750/mo
House
5 Beds
4 Baths
4,100 ft²
$259/ft²
$1,060,000 Jan 5, 2024
-
$880/mo
House
5 Beds
3.5 Baths
3,854 ft²
$249/ft²
$960,950 Jun 20, 2023
-
$750/mo
House
5 Beds
4 Baths
4,514 ft²
$235/ft²
$1,060,950 Aug 22, 2023
-
$750/mo
House
5 Beds
4 Baths
4,017 ft²
$255/ft²
$1,025,950 Aug 22, 2023
-
$750/mo
House
5 Beds
4 Baths
3,709 ft²
$256/ft²
$950,000 Nov 19, 2023
-
$880/mo
House
5 Beds
4.5 Baths
4,042 ft²
$272/ft²
$1,100,000 Mar 22, 2024
-
$880/mo
House
5 Beds
3.5 Baths
3,735 ft²
$234/ft²
$875,000 Jan 2, 2024
-
$600/mo
House
4 Beds
3.5 Baths
3,821 ft²
$261/ft²
$999,000 Jan 7, 2024
-
$700/mo
House
4 Beds
3.5 Baths
3,748 ft²
$260/ft²
$975,000 Feb 3, 2024
-
$988/mo

About Prosper


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Frequently Asked Questions

When was property at 1640 McMaster Lane built and last sold?
The property at 1640 McMaster Lane was built in 2023 and last sold on Aug 31, 2023 for $915,040.
How much is this home worth?
The estimated value of the home located at 1640 McMaster Lane is $959,500.
What are some comparable homes to 1640 McMaster Lane?
Homes that are comparable to 1640 McMaster Lane include a house property at 1141 Columbus Lane, 1071 Columbus Lane, 1630 Yale Lane.

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