261 Hanging Dr, Prosper, TX 75078
OFF MARKET

$1,113,000

Trulia Estimate
  • 6 Beds
  • 5 Baths
  • 4,638 sqft (on 0.28 acres)

261 Hanging Dr, Prosper, TX 75078

Est. Refi. Payment $7,087/mo*
Refinance Your Home

Home Value

Trulia Estimate
$1.11M
Since last month
Increased$43K (+4%)
Since last year
Increased$32K (+2.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -8% in the last 10 years
MonthEstimated value
2026
August 2026$1.11M
August 2026$1.11M
July 2026$1.07M
June 2026$1.03M
May 2026$1.07M
April 2026$1.02M
March 2026$1.08M
February 2026$1.05M
January 2026$1M
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
-
06/05/26
6
5
4,638
0.06
Single-Family Home
-
06/30/26
6
5
4,638
0.21
Single-Family Home
-
08/07/26
5
5.5
4,543
0.15
Single-Family Home
-
07/07/26
5
4
3,725
0.14
Single-Family Home
-
05/29/26
5
4
3,545
0.14
Single-Family Home
-
07/15/26
5
5.5
5,779
0.23
Single-Family Home
-
08/21/26
4
4.5
4,029
0.15
Single-Family Home
-
04/06/26
5
4
3,725
0.24
Single-Family Home
-
06/05/26
5
5.5
4,991
0.29
Single-Family Home
-
03/26/26
5
6
4,482

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$859,000
5
4
4,300
For Sale
0.04
-
6
5
4,638
Recently Sold
0.05
$829,000
4
4.5
3,822
For Sale
0.06
-
6
5
4,638
Recently Sold
0.10
$799,000
5
4
3,725
For Sale
0.13
$1,415,995+
5
4.5
5,874
-
0.13
$1,365,995+
4
4.5
5,436
-
0.13
$1,309,995+
5
5.5
5,076
-
0.13
$1,220,995+
4
4.5
4,024
-
0.13
$1,434,995+
5
6
5,967
-
0.13
$1,335,995+
5
4.5
5,266
-

Local Information

  • Map ViewExplore the area around 261 Hanging Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2024
Lot Size
0.28 acres
Living Area
4,638 sqft
Price/Sqft
$240
Parking
3 Car Garage
HOA
$83/Monthly

About this House

BRAND NEW IN MALABAR HILL !! Stunning 6-4-3 plus 2 power baths, study, game, media, GUEST BEDROOM DOWN WITH FULL BATH AND FULL KITCHEN !!! An absolute MUST-SEE design READY NOW. Drop-dead gorgeous 2 story foyer features beautiful curved staircase, upgraded chandeliers, and domed ceiling treatment. Library with French Doors to the left, guest suite with full kitchen and full bath to the right, just past the powder room and mud area coming in from garage. Knockout kitchen features floor to ceiling white cabinets with glass uppers and lighting under and above. Huge butlers with fantastic pantry. HUGE family room with 60inch Simplifire Allusion Platinum fireplace that offers colorful and well as warming experience.
Primary Bedroom down features private entrance not going through family room, panned ceiling, fantastic bath and closet. Upstairs features 4 bedrooms, powder room, game and media. HUGE 30'x8' covered patio, HUGE 83'x38' back yard. BEST DESIGN, FEATURES, LOCATION, AND PRICE.
261 Hanging Dr, Prosper, TX 75078 is a 6 bedroom, 6 bathroom, 4,638 sqft single-family home built in 2024. It last sold for the $1,025,000 asking price on Jan 29, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,113,000, with a rent estimate of $5,975/month.
Last check for updates: about 7 hours ago
Listed by Frank Parli 0375064, (214) 315-7500
Ultima Real Estate, (972) 980-9393
Bought with: Clinton Asalu, Abrams & Associates Realty LLC, (512) 900-9905
Source: NTREIS, MLS#20680364

Home Details for 261 Hanging Dr

Interior Features

Interior Details
Number of Rooms: 13Types of Rooms: Master Bedroom, Bedroom, Breakfast Room Nook, Dining Room, Game Room, Kitchen, Library, Living Room, Media Room
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6Number of Bathrooms (full): 4Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 4638 Square Feet
Appliances & Utilities
Utilities: Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Underground Utilities, Water AvailableAppliances: Some Gas Appliances, Convection Oven, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Tankless Water Heater, Vented Exhaust FanDishwasherDisposalLaundry: Washer Hookup,Electric Dryer Hookup,Laundry in Utility RoomMicrowave
Heating & Cooling
Heating: Central,ENERGY STAR/ACCA RSI Qualified Installation,ENERGY STAR Qualified Equipment,Fireplace(s),Natural Gas,ZonedHas CoolingAir Conditioning: Attic Fan,Central Air,Ceiling Fan(s),ENERGY STAR Qualified Equipment,Humidity Control,ZonedHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Decorative, Electric, Family Room, Glass DoorsHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Luxury Vinyl Plank
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Luxury Vinyl Plank
Security
Security: Prewired, Security System Owned, Security System, Carbon Monoxide Detector(s), Firewall(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Patio / Porch: CoveredFencing: WoodExterior: Lighting, Rain Gutters
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Aggregate,Driveway,Garage,Garage Door Opener,Lighted,Garage Faces Side
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 105

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Detached
Building
Is a New ConstructionNot Attached Property
Property Information
Parcel Number: 000011111000

Price & Status

Price
List Price: $1,025,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: ProsperCommunity: MALABAR HILL
School Information
Elementary School: Cynthia A CockrellElementary School District: Prosper ISDJr High / Middle School: Lorene RogersJr High / Middle School District: Prosper ISDHigh School: Walnut GroveHigh School District: Prosper ISD

Community

Community Features: Community Mailbox, Curbs, Sidewalks

HOA

HOA Fee Includes: Association Management, Maintenance GroundsHOA Name: NEW ROCHOA Phone: 972-252-3873Has an HOAHOA Fee: $1,000/Annually

Lot Information

Lot Area: 0.28 acres

Energy

Energy Efficiency Features: Appliances, Construction, Doors, HVAC, Insulation, Lighting, Rain/Freeze Sensors, Thermostat, Water Heater

Miscellaneous

Mls Number: 20680364Living Area Range Units: Square FeetAttribution Contact: 214-315-7500Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48085-N-000011111000-R-N

Additional Information

Community MailboxCurbsSidewalks

Price and Tax history

DateEventPrice
Jan 29, 2025
Source: NTREIS #20680364
Sold
--
Jan 27, 2025
Source: NTREIS #20680364
Listed For Sale
$1,025,000
Oct 5, 2024
Source: NTREIS #20680364
ListingRemoved
$1,025,000
Oct 3, 2024
Source: NTREIS #20680364
PriceChange
$1,025,000
Price decreased by 1%
Sep 30, 2024
Source: NTREIS #20680364
PriceChange
$1,039,000
Price decreased by 2%

Market trends in Prosper

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$877K
$21.5K
MoM
Sale-to-List Price
98.0%
Price per sq ft
$238
$6
MoM
Available listings
462
9
MoM

What Locals Say about Prosper

At least 151 Trulia users voted on each feature.
  • 95 % Say it's dog friendly

  • 94 % Say parking is easy

  • 90 % Say car is needed

  • 89 % Say yards are well-kept

  • 88 % Say there's holiday spirit

  • 87 % Say there are sidewalks

  • 83 % Say kids play outside

  • 82 % Say people would walk alone at night

  • 80 % Say it's quiet

  • 70 % Say streets are well-lit

  • 64 % Say there's wildlife

  • 61 % Say they plan to stay for at least 5 years

  • 58 % Say neighbors are friendly

  • 57 % Say there are community events

  • 27 % Say it's walkable to grocery stores

  • 19 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trinity Lawson
    "you see more dogs than literally anything else. If your dog isnt calm around other dogs, then this town is not for you ๐Ÿซถ๐Ÿป"
  • Courtney Thompson
    "There is no public transportation. The commutes to areas of Dallas can be long and frustrating because the drivers here are the worst. "
  • Lauren Kliche
    "Very social community! Lots of families with young kids. Feels safe and friendly and a great place to raise a family "
  • megan.chappo
    "We have wonderful parks and trails and our neighborhood has festivals each season to celebrate the holidays."
  • Karen Moctezuma
    "Good town and schools , a little on the rural side but thereโ€™s a lot of construction going on and a lot of projects โ€ฆ"
  • Paige Love
    "The people are from all over the country and world. They are here with shared life goals. The schools are amazing "
  • Lea Ann
    "I like the community events and the food trucks every week I donโ€™t think itโ€™s all that unique though "
  • Michelle Mahone McKeehan
    "All of my neighbors pretty much have animals, whether itโ€™s a dog, donkey, horse, deer or even a pig. Some of the neighbors even have chickens. My neighbors often walk their dogs and have no problems with my animals. "
  • Kristie W. G.
    "Everyone has fenced yards and keep their dogs confined. Everyone on our street has a dog and watches out for each of them. "
  • Sherri S.
    "Iโ€™ve lived here for a year and a a half and enjoy this area. The houses are a little close together, but the neighbors are friendly."
  • Cglasley
    "Great neighborhood for families. Safe, clean, new, a real sense of community. Neighbors are friendly. Yards are well kept.0"
  • Joshalyn.moore29
    "The place is great, I love it here you should bring your family if your family oriented. So many great people "
  • Scubanhooba
    "Our community often has play sessions for kids, organizes obedience classes for dogs, and any given night, neighbors will be our having a block party. "
  • Sireesh.nvs
    "I donโ€™t have pets couldnโ€™t answer this, those who have can take them for a walk . Very convenient with long trails and care for them all the way"
  • Jeff A. A. B.
    "Prosper has a small town feel, creeks and trails in our neighborhood, and a new Prosper ISD football stadium. "
  • Prospergilsons
    "Great school district for academic and athletic growth. The town is safe and is to the most extent mostly families. "
  • Awcolbert
    "Been here for almost two years and moving here was one of the worst decisions we made. Infrastructure is horrible. Soulless atmosphere all around."
  • Sireesh.nvs
    "Good walk in the community and real relaxing evening run, break area ..............................."
  • Shelley P.
    "Great town to live for families And great schools! Great neighbors & plenty to do. Main struggles is growing traffic congestion and poor internet provider options. Otherwise, we love it here. "
  • Markco T.
    "there are many families in our neighborhood in the area has great parks and community events! it isn't a great area that is growing fast!"
  • Reeses4me68
    "My commute is super easy. I just leave the community, take two main streets to get where I am going. The traffic is impacted during school hours but it is fine outside of that time frame. "
  • Trulia User
    "not sure of it. I donโ€™t won any dog. Those who has must be enjoying taking the Dogs for a walk , it is pretty wonderful track around"
  • Kathleen C.
    "Great community . Lots of kids activities. It is growing and neighborhoods are great. School is great. The school has own police department."
  • Rickieed
    "Great neighborhood, multiple pools, gyms, biking trails, soccer fields, dog parks, playgrounds. Very safe and friendly "
  • Soraya L.
    "Very friendly community. People smile and say hello as they drive around the neighborhood. We have monthly ladies events, menโ€™s poker night, mens softball team... so much to do. We have brand new shopping at Gates of Prosper. Everything is right at your fingertips."
  • Topel B.
    "This place is a typical, small town suburb. There is no public commute so you have to have your own transport. Regaedless of its small town stature, Prosper is a great place to call home and to escape from the hustle and bustle of downtown."
  • Dnwarren2
    "Young families and empty nesters is what this neighborhood is made of, and itโ€™s a wonderful place to live. "
  • Monetsha
    "You see people walking there dogs all the time. This is a dog friendly area. Great neighborhood to live in. "
  • Gab c.
    "Schools are good and people are friendly. We love living here. Lots of children so kids have friends to play with."
  • Maebelle450
    "I moved from central Texas and was surprised at how friendly everyone was. Itโ€™s very nice and everyone takes care of their home "

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 261 Hanging Dr

  • What is 261 Hanging Dr estimated to be worth?
    Trulia's estimated value for 261 Hanging Dr in Prosper, TX is $1,113,000.
  • What is the price history for 261 Hanging Dr?
    261 Hanging Dr in Prosper, TX last sold in January 2025.
  • Is Prosper a buyer's or seller's market?
    Prosper is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Prosper?
    The median sale price in Prosper is $877K. That is up $21.5K from the prior month.
  • Does 261 Hanging Dr have air conditioning?
    Yes, 261 Hanging Dr in Prosper, TX has air conditioning.
  • Does 261 Hanging Dr have laundry facilities?
    Yes, 261 Hanging Dr in Prosper, TX has laundry facilities.

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