701 Gray Ln, Prosper, TX 75078
OFF MARKET

701 Gray Ln
Prosper, TX 75078

Trails of Prosper
  • 4 Beds
  • 3 Baths
  • 2,621 sqft (on 0.33 acres)

$621,500

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,984/mo*

$621,500

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,984/mo*
4 Beds
3 Baths
2,621 sqft
(on 0.33 acres)

Home Value

Trulia Estimate
$622K
Since last month
Decreased$4K (-0.7%)
Since last year
Decreased$6K (-1%)
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 +89% in the last 10 years
MonthEstimated value
2026
August 2026$620K
July 2026$625K
June 2026$625K
May 2026$627K
April 2026$629K
March 2026$631K
February 2026$625K
January 2026$624K
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
0.17
Single-Family Home
-
02/20/26
4
3
2,973
0.28
Single-Family Home
-
05/07/26
5
3.5
3,215
0.31
Single-Family Home
-
05/01/26
4
3.5
3,596
0.38
Single-Family Home
-
09/18/25
4
3.5
3,943
0.42
Single-Family Home
-
07/24/26
4
2.5
2,274
0.49
Single-Family Home
-
05/20/26
4
3
3,205
0.37
Single-Family Home
-
08/20/26
4
2
2,274
0.28
Single-Family Home
-
12/16/25
4
4.5
3,652
0.32
Single-Family Home
-
06/24/26
5
4
4,300
0.39
Single-Family Home
-
02/14/26
4
3.5
3,392

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
0.05
$737,600
5
4
3,930
Off Market
0.09
$514,800
4
2
2,457
Off Market
0.11
$520,000
4
4
3,297
Off Market
0.13
$1,800,000
-
-
-
For Sale
0.11
$800,000
5
3.5
3,265
For Sale
0.12
$675,700
5
4
3,269
Off Market
0.14
$662,500
5
3.5
3,731
Off Market
0.16
$599,000
4
3.5
3,930
For Sale
0.17
-
4
3
2,973
Recently Sold
0.18
$600,500
5
4.5
3,771
Off Market
0.19
$502,100
4
2.5
2,637
Off Market

Local Information

  • Map ViewExplore the area around 701 Gray Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2011
Lot Size
0.33 acres
Living Area
2,621 sqft
Price/Sqft
$237
Parking
2 Car Garage
HOA
$42/Monthly

About this House

Price Improvement!! Enjoy unrivaled luxury in Prosper, TX with this stunning 4-bedroom, 3-bath property. Nestled on a spacious corner lot, this well-maintained, one-owner home is in the admired Prosper ISD, with no PID or MUD. The single-level layout includes a study, a versatile guest suite, and a unique custom storm shelter in the primary closet. Meticulously chosen finishes grace the open floor plan with hardwood and new carpeting. The stone elevation exterior enhances the property's allure, leading to an expansive patio complete with a custom pool and spa on an oversized lot. Updates List and Offer Information available in transaction desk. Please ask listing agent for Relocation Documents.
701 Gray Ln, Prosper, TX 75078 is a 4 bedroom, 3 bathroom, 2,621 sqft single-family home in Trails of Prosper, built in 2011. It last sold for the $650,000 asking price on May 17, 2024. It is currently off market. The Trulia Estimate is $621,500, with a rent estimate of $3,655/month.
Last check for updates: about 7 hours ago
Listed by Joanna King 0600341, (214) 808-7710
Coldwell Banker Apex, REALTORS, (972) 562-5400
Bought with: Justin Downs, EXP REALTY, (888) 519-7431
Source: NTREIS, MLS#20547306

Home Details for 701 Gray Ln

Interior Features

Interior Details
Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom, Breakfast Room Nook, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2621 Square Feet
Appliances & Utilities
Utilities: Sewer Available, Water Available, Cable AvailableAppliances: Dishwasher, Gas Cooktop, DisposalDishwasherDisposalLaundry: Washer Hookup
Heating & Cooling
Heating: Central,Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas StarterHas a Fireplace
Windows, Doors, Floors & Walls
Window: Window CoveringsFlooring: Carpet, Ceramic Tile, Wood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Ceramic Tile, Wood
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Patio, CoveredFencing: WoodFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Epoxy Flooring
Pool
Pool: In Ground, PoolPool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 29

Property Information

Year Built
Year Built: 2011
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Traditional,Detached
Building
Construction Materials: Brick, Rock, StoneNot Attached Property
Property Information
Not Included in Sale: TVs and mounts, Refrigerator, Washer and Dryer. (See private remarks)Parcel Number: R846700B01301

Price & Status

Price
List Price: $650,000
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: ProsperCommunity: Trails Of Prosper Sec II
School Information
Elementary School: Judy RuckerElementary School District: Prosper ISDJr High / Middle School: ReynoldsJr High / Middle School District: Prosper ISDHigh School: ProsperHigh School District: Prosper ISD

Community

Not Senior Community

HOA

HOA Fee Includes: Association ManagementHOA Name: Assured MangementHOA Phone: 469-480-8000Has an HOAHOA Fee: $125/Quarterly

Lot Information

Lot Area: 0.33 acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 20547306Living Area Range Units: Square FeetAttribution Contact: 214-808-7710Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48085-N-R846700B01301-R-N

Price and Tax history

DateEventPrice
May 17, 2024
Source: NTREIS #20547306
Sold
--
May 17, 2024
Source: Coldwell Banker Apex, Realtors #20547306
PendingToActive
$650,000
Apr 19, 2024
Source: NTREIS #20547306
Pending
$650,000
Apr 9, 2024
Source: NTREIS #20547306
Contingent
$650,000
Apr 4, 2024
Source: NTREIS #20547306
PriceChange
$650,000
Price decreased by 4%

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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 701 Gray Ln

  • What is 701 Gray Ln estimated to be worth?
    Trulia's estimated value for 701 Gray Ln in Prosper, TX is $621,500.
  • What is the price history for 701 Gray Ln?
    701 Gray Ln in Prosper, TX last sold in May 2024.
  • 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 701 Gray Ln have air conditioning?
    Yes, 701 Gray Ln in Prosper, TX has air conditioning.
  • Does 701 Gray Ln have a pool?
    Yes, 701 Gray Ln in Prosper, TX has a pool.

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