Check Availability
Prosper 75078
502 E Broadway Street
$495,000
↓ $57K (10.3%)
House - For Sale

502 E Broadway Street

Prosper, TX 75078
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1306 Sqft
$2,654
Estimated Monthly
$0
HOA / Fees
5.52%
Cap Rate

About This Property

This charming home, has a living area of just over 1,300 sq. ft., sits on a generous lot spanning over 10,000 sq. ft. Boasting 3 bedrooms and 2 bathrooms. Upon entering, you'll be welcomed by an elegant office space, perfect for remote work or creative pursuits. The garage, equipped with electricity and a bathroom, is a hidden gem – ripe for conversion into a rental unit, providing an excellent investment opportunity.
For hobbyists or entrepreneurs, a well-appointed workshop awaits, offering the perfect space for your projects and passions.
This property presents an incredible opportunity for the savvy investor. Its location makes it a strategic choice for those looking to capitalize on the thriving Prosper market. Located just minutes from UNT Frisco, Collin College, PGA of America Frisco & the coming Universal Studios Kids Resort.
Unit Size
1,306Ft²
Days on Market
155 days
Land Size
0.24 acres
Price per sqft
$379
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1945
Listed By
Last updated: 3 days ago (NTREIS #20483125)

Price History

Date / Event Date Event Price
Apr 14, 2024 Price Decreased $495,000
↓ $57K (10.3%)
Price Decreased
Feb 23, 2024 Price Decreased $552,000
↓ $33K (5.6%)
Price Decreased
Jan 21, 2024 Price Decreased $585,000
↓ $40K (6.4%)
Price Decreased
Dec 6, 2023 Listed by LPT Realty LLC $624,999
Listed by LPT Realty LLC
This charming home, has a living area of just over 1,300 sq. ft., sits on a generous lot spanning over 10,000 sq. ft. Boasting 3 bedrooms and 2 bathrooms. Upon entering, you'll be welcomed by an elegant office space, perfect for remote work or creative pursuits. The garage, equipped with electricity and a bathroom, is a hidden gem – ripe for conversion into a rental unit, providing an excellent investment opportunity. For hobbyists or entrepreneurs, a well-appointed workshop awaits…
Nov 26, 2023 Listed by LPT Realty LLC $495,000
Listed by LPT Realty LLC

Property Highlights

Air Conditioning
Garage
Parking Details
Has Garage
Garage Length: 20
Garage Width: 9
Garage Spaces: 1
Carport Spaces: 1
Parking Features: 0
Interior Details

Interior Information

Interior Features: Cable TV Available
Appliances: Gas Cooktop, Gas Oven, Gas Range
Flooring Type: Wood, Other

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1995
  • Building Count: 3
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Total Building Area: 1,306
  • Gross Building Area: 1,456
  • Building Area: 1,306
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,306
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BRYANTS SECOND ADDITION (CPR)
  • Land Acres: 0.241
  • Legal Description 1: BRYANTS SECOND ADDITION (CPR), BLK A, LOT 1 & 2A

Ownership

  • Is Owner Occupied: unknown

Neighborhood

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

Geography

  • Assessors Map Reference: 502-Q
  • District: CPR
  • Parcel: R-0973-001-0010-1
  • Block: A
  • Lot: 1
  • Municipality: PROSPER TOWN
  • Latitude: 33.2359
  • Longitude: -96.7969

    Address

  • Full Address: 502 E Broadway St
  • Address - House Number: 502
  • Street Direction: E
  • Address - Street Name: Broadway
  • Address - Suffix Type: St
  • State: TX
  • City Name: Prosper
  • Carrier Code: R008
  • 4-Digit Zip Code: 2941
  • Zip Code: 75078

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,675
  • Tax Rate Code Area: SPR

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 464,412
  • High Value: 560,011
  • Low Value: 368,813

    Market Valuation

  • Market Total Value: $293,152
  • Market Land Value: $127,500
  • Market Improvement Value: $165,652

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,860
  • Assessed Land Value: $127,500
  • Assessed Improvements Value: $165,652

    Exemptions

  • Homeowner Exemption: Yes

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,203 ft²
$172/ft²
$550,000 Dec 29, 2023
-
$575/mo

About Prosper


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Frequently Asked Questions

When was property at 502 East Broadway Street built and last sold?
The property at 502 East Broadway Street was built in 1945 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 502 East Broadway Street is $494,558.
What are some comparable homes to 502 East Broadway Street?
Homes that are comparable to 502 East Broadway Street include a house property at 201 Dragonfly Drive, located in Prosper, TX.

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