208 E 7th Street
About This Property
This home was taken down to the studs and fully renovated-offering the character of an established neighborhood with the comforts of modern living. Inside, you'll find an open-concept layout, abundant natural light, all-new flooring, a modern kitchen with quartz countertops, stainless appliances, and sleek cabinetry. Both bathrooms have been thoughtfully updated with custom tile and contemporary finishes.
The oversized backyard offers plenty of space for a pool, home office addition, guest suite, or workshop. And with no HOA, your options are wide open. The location is one of the most desirable in Prosper. Just a short walk to local coffee shops, boutique stores, restaurants, and seasonal community events, this home sits in the true heart of the town. Enjoy the charm of a walkable neighborhood while being minutes from major highways and amenities. Downtown Prosper is quickly becoming a focal point for smart investment. With its historic charm, new development, and long-term city plans to enhance the area, homes in this pocket are increasingly rare and in high demand Perfect for: First-time buyers seeking move-in ready space on a large lot, Investors looking for long-term value in a growth market, Parents or retirees wanting to live near their kids and grandkids in Prosper
Additional highlights include:
Attached two-car garage
Covered front porch
Walkable to downtown shops, dining, and events
Located in award-winning Prosper ISD
If you're looking for charm, space, and location in one of North Texas's most sought-after communities-208 E 7th Street is your chance.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2026 | Relisted | $399,900 | |
| Relisted | |||
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Price Decreased |
$399,900
↓ $50K
(11.1%) | |
| Price Decreased | |||
| Jul 13, 2026 | Listed by Coldwell Banker Realty Frisco | $450,000 | |
| Listed by Coldwell Banker Realty Frisco | |||
| Mar 28, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017