4240 Tranquility Ln
Prosper, TX 75078
- 5 Beds
- 5 Baths
- 5,222 sqft (on 1 acre)
5 Beds
5 Baths
5,222 sqft
(on 1 acre)
Home Value
Trulia Estimate
$2.24MSince last month
Decreased$29K (-1.3%)Since last year
Increased$234K (+11.7%)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 increased by +106% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.24M |
| July 2026 | $2.27M |
| June 2026 | $2.25M |
| May 2026 | $2.24M |
| March 2026 | $2.22M |
| February 2026 | $2.22M |
| January 2026 | $2.22M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | - | 01/02/26 | 5 | 6 | 5,222 | |
0.07 | Single-Family Home | - | 04/29/26 | 5 | 5.5 | 5,192 | |
0.06 | Single-Family Home | - | 07/14/26 | 5 | 5.5 | 5,392 | |
0.08 | Single-Family Home | - | 04/09/26 | 4 | 4.5 | 4,850 | |
0.11 | Single-Family Home | - | 07/30/26 | 5 | 5.5 | 5,015 | |
0.13 | Single-Family Home | - | 04/20/26 | 5 | 5.5 | 4,967 | |
0.15 | Single-Family Home | - | 09/12/25 | 5 | 5.5 | 5,520 | |
0.09 | Single-Family Home | - | 03/24/26 | 4 | 2 | 2,119 | |
0.39 | Single-Family Home | - | 07/02/26 | 4 | 2.5 | 2,627 |
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 |
|---|---|---|---|---|---|---|
0.03 | $2,123,300 | 5 | 6.5 | 5,569 | Off Market | |
0.07 | - | 5 | 5.5 | 5,192 | Recently Sold | |
0.03 | - | 5 | 6 | 5,222 | Recently Sold | |
0.09 | - | 4 | 2 | 2,119 | Recently Sold | |
0.06 | - | 5 | 5.5 | 5,392 | Recently Sold | |
0.10 | $2,195,000 | 5 | 5.5 | 5,057 | For Sale | |
0.07 | $676,400 | 3 | 2 | 2,303 | Off Market | |
0.11 | $2,300,000 | 6 | 6.5 | 6,057 | For Sale | |
0.07 | $2,124,800 | 5 | 6.5 | 5,694 | Off Market | |
0.08 | - | 4 | 4.5 | 4,850 | Recently Sold | |
0.13 | - | 5 | 5.5 | 4,967 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2015
Lot Size
1 acre
Living Area
5,222 sqft
Price/Sqft
$430
Parking
4 Car Garage
HOA
$192/Monthly
About this House
Located in a gated estate community, this home welcomes you with a circular driveway leading to the courtyard that provides entrances to both the main home and the casita.
You enter into the dining room with views of the pool, then step into the living room with hand-scraped wood floors, a coffered beamed ceiling, a fire glass fireplace, and large windows that frame the backyard oasis. The chef’s kitchen is designed for entertaining, featuring Wolf appliances, a 6-burner range with a wall-mounted faucet for filling large pots, double ovens, and a custom walk-in pantry. Just off the kitchen, the breakfast room offers two wine coolers, a coffee bar with built-ins, and casual dining with a view.
The owner’s suite is a private retreat with a seating area and pool views. The spa-inspired bath includes separate vanities, a soaking tub, and a walk-in shower, while dual closets are tucked away in a private dressing area.
All of the bedrooms are generously sized, each offering the privacy of an ensuite bath.
The den is tucked away for cozy evenings, with pocket doors that close over the windows for dark movie viewing or open to enjoy natural light and game nights. A private office with built-in bookshelves provides the perfect work-from-home setting.
The home flows seamlessly outdoors to two covered living spaces overlooking the 10-foot deep pool, raised sunning deck, and firepit. An outdoor kitchen with granite bar seating completes the resort-style setting. The backyard offers multiple spaces for dining, lounging, and play, all surrounded by lush landscaping.
The private casita offers a living room, vaulted beamed ceiling in the bedroom, bath, laundry, and separate entrance—ideal for guests or extended family. A 3-car garage plus an additional 1-car garage with staircase to attic storage access provide excellent additional storage. This exclusive gated neighborhood offers privacy while remaining close to shopping, dining, and top schools.
You enter into the dining room with views of the pool, then step into the living room with hand-scraped wood floors, a coffered beamed ceiling, a fire glass fireplace, and large windows that frame the backyard oasis. The chef’s kitchen is designed for entertaining, featuring Wolf appliances, a 6-burner range with a wall-mounted faucet for filling large pots, double ovens, and a custom walk-in pantry. Just off the kitchen, the breakfast room offers two wine coolers, a coffee bar with built-ins, and casual dining with a view.
The owner’s suite is a private retreat with a seating area and pool views. The spa-inspired bath includes separate vanities, a soaking tub, and a walk-in shower, while dual closets are tucked away in a private dressing area.
All of the bedrooms are generously sized, each offering the privacy of an ensuite bath.
The den is tucked away for cozy evenings, with pocket doors that close over the windows for dark movie viewing or open to enjoy natural light and game nights. A private office with built-in bookshelves provides the perfect work-from-home setting.
The home flows seamlessly outdoors to two covered living spaces overlooking the 10-foot deep pool, raised sunning deck, and firepit. An outdoor kitchen with granite bar seating completes the resort-style setting. The backyard offers multiple spaces for dining, lounging, and play, all surrounded by lush landscaping.
The private casita offers a living room, vaulted beamed ceiling in the bedroom, bath, laundry, and separate entrance—ideal for guests or extended family. A 3-car garage plus an additional 1-car garage with staircase to attic storage access provide excellent additional storage. This exclusive gated neighborhood offers privacy while remaining close to shopping, dining, and top schools.
4240 Tranquility Ln, Prosper, TX 75078 is a 5 bedroom, 5 bathroom, 5,222 sqft single-family home built in 2015. It last sold for the $2,299,000 asking price on Nov 17, 2025. It is currently off market. The Trulia Estimate is $2,244,300, with a rent estimate of $7,747/month.
Last check for updates: about 5 hours ago
Listed by Lorraine Terkelsen 0674535, (903) 235-5237
RE/MAX DFW Associates, (972) 312-9000
Bought with: Susie Grant, Berkshire HathawayHS PenFed TX, (214) 257-1111
Source: NTREIS, MLS#21043001
Home Details for 4240 Tranquility Ln
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Interior Details Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Breakfast Room Nook, Dining Room, Game Room, Living Room |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 5Number of Bathrooms (full): 5 |
Dimensions and Layout Living Area: 5222 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Available, Septic Available, Separate Meters, Underground Utilities, Water AvailableAppliances: Some Gas Appliances, Built-In Refrigerator, Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator, Vented Exhaust Fan, Wine CoolerDishwasherDisposalLaundry: Washer Hookup,Gas Dryer Hookup,Laundry in Utility RoomMicrowaveRefrigerator |
Heating & Cooling Heating: Central,Fireplace(s)Has CoolingAir Conditioning: Central Air,Ceiling Fan(s),Electric,GasHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Gas, Glass Doors, Gas Starter, Living Room, Other, Raised HearthHas a Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Ceramic Tile, Hardwood |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Carpet, Ceramic Tile, Hardwood |
Security Security: Security System Owned, Security System, Carbon Monoxide Detector(s), Security Gate, Gated Community, Smoke Detector(s), Security Lights, Wireless |
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Exterior Home Features Roof: CompositionPatio / Porch: Patio, See Remarks, CoveredFencing: Wrought IronOther Structures: Outdoor KitchenExterior: Built-in Barbecue, Barbecue, Covered Courtyard, Courtyard, Garden, Gas Grill, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Private Entrance, Private Yard, Rain Gutters, Fire PitFoundation: SlabGarden |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Additional Parking,Circular Driveway,Concrete,Door-Multi,Door-Single,Driveway,Epoxy Flooring,Garage Faces Front,Garage,Garage Door Opener,Kitchen Level,Lighted,Oversized,Paved,Garage Faces Side |
Pool Pool: Fenced, Gunite, In Ground, Outdoor Pool, Pool, Water FeaturePool |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Cumulative Days on Market: 80 |
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Year Built Year Built: 2015 |
Property Type / Style Property Type: ResidentialProperty Subtype: Farm, Single Family ResidenceStructure Type: HouseArchitecture: Farmhouse,Modern,Detached |
Building Construction Materials: Brick, Stone VeneerNot Attached Property |
Property Information Parcel Number: R959500A00401 |
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Price List Price: $2,299,000 |
Status Change & Dates Possession Timing: Close Plus 30 to 60 Days |
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MLS Status: Closed |
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Direction & Address City: ProsperCommunity: Christie Farms Ph 1 |
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 |
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Community Features: GatedNot Senior Community |
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HOA Fee Includes: Association ManagementHOA Name: Goodwin of TexasHOA Phone: 214-445-2749Has an HOAHOA Fee: $2,300/Annually |
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Lot Area: 1.005 Acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 21043001Living Area Range Units: Square FeetAttribution Contact: 903-235-5237Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48085-N-R959500A00401-R-N |
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Gated |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 17, 2025 Source: NTREIS #21043001 | Sold | -- |
Oct 8, 2025 Source: NTREIS #21043001 | Contingent | $2,299,000 |
Aug 29, 2025 Source: NTREIS #21043001 | Listed For Sale | $2,299,000 |
Feb 27, 2024 Source: NTREIS #20497309 | Sold | -- |
Feb 1, 2024 Source: NTREIS #20497309 | Pending | $2,100,000 |
Jan 26, 2024 Source: NTREIS #20497309 | Contingent | $2,100,000 |
Jan 17, 2024 Source: NTREIS #20497309 | PriceChange | $2,100,000 Price decreased by 5% |
Dec 29, 2023 Source: NTREIS #20497309 | Listed For Sale | $2,200,000 |
Aug 3, 2016 Source: Agent Provided | ListingRemoved | $1,042,000 |
Mar 9, 2016 Source: Agent Provided | Pending | $1,042,000 |
Mar 2, 2016 Source: Agent Provided | Listed For Sale | $1,042,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $45,114 | $2,313,949 |
Home facts updated by county records
Market trends in Prosper
Last updated July 2026
Avg. sale price
$877K
$21.5KMoM
Sale-to-List Price
98.0%
Price per sq ft
$238
$6MoM
Available listings
462
9MoM
Around this home
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.
LGBTQ Local Legal Protections
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Frequently asked questions about 4240 Tranquility Ln
- What is 4240 Tranquility Ln estimated to be worth?Trulia's estimated value for 4240 Tranquility Ln in Prosper, TX is $2,244,300.
- What is the price history for 4240 Tranquility Ln?4240 Tranquility Ln in Prosper, TX last sold in November 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 4240 Tranquility Ln have air conditioning?Yes, 4240 Tranquility Ln in Prosper, TX has air conditioning.
- Does 4240 Tranquility Ln have a pool?Yes, 4240 Tranquility Ln in Prosper, TX has a pool.