17 days on rocket

Sale Pending

940 Magnolia Ln, Prosper, TX, 75078

$665,000

Home List Price

$7,897*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,732 SqFt
$243/SqFt
House
Schools Nearby

Location

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940 Magnolia Ln, Prosper$665,000

Buyer Closing Credits

$7,897*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2020
FireplaceGas Log
MLS #20585560
Lot Size0.26 Acres
StatusSale Pending
(Pending)

About 940 Magnolia Ln

[Multiple offers received. Offer Deadline: Tuesday Midnight on Apr 23rd] Welcome to this charming 4-bedroom, 2.5-bathroom home nestled in the esteemed Hills at Legacy. Step inside to discover a well-appointed interior featuring a spacious living room, formal dining area, and a chef's kitchen with a large U-shaped island and ample cabinet space. The downstairs also includes a dedicated study and a luxurious primary suite complete with dual vanities, a bath, shower, and a spacious walk-in closet. Upstairs, you'll find a special game room along with three additional bedrooms. Outside, enjoy the expansive backyard with excellent potential for a pool and outdoor kitchen setup, perfect for entertaining and relaxation. Conveniently located near parks, schools, and amenities, this home is just minutes away from grocery stores and shopping. Additionally, the future Universal Studios project and PGA Frisco are within easy reach. NO PID or MUD. Don't miss this wonderful home in a prime location.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 2020
  • Stories: 1
  • Living Area: 2,732 SqFt

Listing Office:

  • Office Name: Keller Williams Frisco Stars
  • Office Phone: (512) 897-0892
  • Listing Agent: Jiaying Cui

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater
  • Basement: No
  • Interior: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

School Info

Assigned Schools Information:

  • Prosper High School, Public District Grades 9-12
  • Reynolds Middle School, Public District Grades 7-8
  • Lorene Rogers Middle School, Public District Grades 5-6
  • Judy Rucker Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: See GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $665,000
  • Price Per SqFt: $243/SqFt

HOA Fees:

  • Amount: $995
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,033
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Prosper, TX.

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Prosper, TX

City

Med. List Price

$821.3K

Med. Price/SqFt

$254

Avg. Days On Market

62

# of Sold Homes

59

940 Magnolia Ln vs Prosper

17 DAYS ON ROCKET

-45 Days

$665,000

-$156.3K Less

$243/SqFt

-$12 Less

KEY TAKEAWAY

This property is $156.3K less than the Median List Price and $12/SqFt less than other homes in Prosper, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20585560

Listing Office:

  • Office Name: Keller Williams Frisco Stars
  • Office Phone: (512) 897-0892
  • Listing Agent: Jiaying Cui

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/29/2024, 3:25:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,033$406,053
2020$2,033$89,700
2019$1,804$72,450
2018$1,805$73,600

History based on county public records data.

Payment Calculator

$3,468

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,060

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3187075
6
/10

  • Judy Rucker Elementary School

  • 402 S Craig Rd

  • 2.52 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3187076
7
/10

  • Reynolds Middle School

  • 700 N Coleman St

  • 2.48 miles

  • Public District Grades 7-8

school-card-donut-3187077
9
/10

  • Lorene Rogers Middle School

  • 1001 S Coit Rd

  • 4.15 miles

  • Public District Grades 5-6

High School

school-card-donut-3187078
8
/10

  • Prosper High School

  • 301 Eagle Dr

  • 3.26 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,802. The most common annual income of people living in Prosper, TX is between $100k-200k. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 940 Magnolia Ln

What is the listing price of this property?

The listing price of 940 Magnolia Ln property is $665,000.

What type of property is this?

The property 940 Magnolia Ln is a house located in Prosper, Texas, 75078.

Is this property for sale now?

Sale Pending: 940 Magnolia Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 940 Magnolia Ln are:
Judy Rucker Elementary School: GreatSchools Rating 6/10
Reynolds Middle School: GreatSchools Rating 7/10
Lorene Rogers Middle School: GreatSchools Rating 9/10
Prosper High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,033 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 940 Magnolia Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 940 Magnolia Ln is 2,732 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 940 Magnolia Ln is 2020.

Rocket Homes›Texas›Collin County›Prosper›75078›940 Magnolia Ln

This home is located at 940 Magnolia Ln in Prosper, TX and zip code 75078. This 2,732 square foot home, which was built in 2020, sits on a 0.26 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $665,000.

In March 2024 in Prosper, TX there were 10.2% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $821,399, while the average time on the real estate market was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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