Date
Details
Price
Change
Source
9/18/2026
Listed
$870,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$870,000 Just Listed
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Property Description
THE KIND OF HOME THEY DON'T BUILD EVERY DAY. Welcome to 1201 Waterton Drive in Prosper Lake on Preston, an established community of custom homes, larger lots, and highly sought after Prosper ISD. From the moment you enter, soaring ceilings, rich hardwood floors, walls of windows, and incredible natural light set the tone. At the heart of the home, the kitchen and living spaces were made for gathering. The chef's kitchen features a professional-grade 6-burner gas range with griddle, built-in refrigerator, oversized island, walk-in pantry, and cabinetry with lighted glass-front uppers. The kitchen opens to a dramatic living room with a designer coffered ceiling, overlooking the manicured backyard and flows to the formal dining room with a built-in wine bar for easy entertaining. The glass sliders are perfectly positioned, to bring the outdoors in! With the outdoor built in grilling area and fireplace featured under the extended covered patio you have true indoor-outdoor living. Perfect for morning coffee to family dinners and enjoying outside in the cooler Texas weather. A spacious home office and first-floor full guest suite with private bath offer flexibility and privacy. Tucked towards the back of the home your oversized primary suite feels like a retreat with a spa-like bath, dual shower heads, and a show-stopping custom closet with built-ins, center island and the floor-to-ceiling tri-view mirror makes morning routines feel effortless. Laundry can be accessed from front hall and from the primary closet for everyday convenience. Upstairs the media room with went-bar and provides even more space to spread out and enjoy. This home has so much to offer including 3-car garage & prime location...Just off Preston Rd with quick DNT access, minutes to Gates of Prosper, PGA Frisco, shopping & dining, all within highly regarded Prosper ISD. Luxury. Space. Quality. All under $1 million. Because newer doesn't always mean better. Welcome home!
Full Property Details
Full Property Details for 1201 Waterton Dr
General
- Price: $870,000
- HOA FEE: $66/month
- HOA FEE FREQ.: Annually
- Taxes: $16,982
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21348808
- Updated: Today (9/18/2026)
- Added to Site: Today
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Gas Starter, Wood Burning
- Appliances: Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Tankless Water Heater
- Flooring: Carpet, Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Patio, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Garage, Garage Door Opener, Oversized
Location
- County: Collin
- Subdivision: Prosper Lake On Preston Ph 1
- Driving Directions: From TX-289, exit East Prosper Trail and head east. Left onto Prosper Lake Drive. Left onto Vista Run Drive. This becomes Waterton Drive. Property will be on the left.
School Information
- Elem School District: Prosper ISD
- Midd School District: Prosper ISD
- High School District: Prosper ISD
- Elementary School: Lilyana
- Middle School: Reynolds
- High School: Prosper
Community
- Association: Yes
- Assoc. Name: VCM Texas
- Assoc. Fees Include: All Facilities, Association Management, Maintenance Structure
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, Rock, Stone
- Roof: Composition
- Windows: Bay Window(s), Window Coverings
- Stories/Levels: 2
- Living Area: 4,519 Sq. Ft.
- Year Built: 2017
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.344
- Lot Size (Sq. Ft.): 14,984.64
- Lot Features: Cul-De-Sac, Greenbelt, Interior Lot, Landscaped, Subdivision, Few Trees
Green Features
- Energy Efficient: Appliances, Doors, HVAC, Insulation, Thermostat, Water Heater, Windows
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $790
- Assoc Fee Freq.: Annually
- Tax Amount: $16,982
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Legal Description: PROSPER LAKE ON PRESTON PHASE 1 (CPR), BLK D,
- Property ID: R1116800D00301
- Block: D
- Lot Number: 3
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 1201 Waterton Dr
School District:Prosper Independent School District
| Name | Grades | Distance |
|---|---|---|
Lilyana Elementary School 1300 Marigold Lane, Prosper, TX 75078 | K-5 | 1.6 mi |
Reynolds Middle School 700 North Coleman Street, Prosper, TX 75078 | 6-8 | 1.2 mi |
Prosper High School 301 Eagle Drive, Prosper, TX 75078 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1201 Waterton Dr
Tax History
Tax History for 1201 Waterton Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,174
-26%
$871,004
-11%
2023
$19,074
33%
$977,000
2%
2022
$14,309
—
$954,607
46%
2022
$14,309
-1%
$654,398
1%
2021
$14,419
6%
$649,634
8%
2020
$13,621
3%
$600,993
7%
2019
$13,218
—
$563,778
4%
2018
$13,243
500%
$540,073
503%
2017
$2,206
—
$89,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1201 Waterton Dr
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1201 Waterton Drive, Prosper, TX 75078 (MLS# 21348808) is a Single Family property with 4 bedrooms and 4 full bathrooms. 1201 Waterton Drive is currently listed for $870,000 and was received on September 18, 2026. This property is listed by Neera Truong from our Plano Office.Want to learn more about 1201 Waterton Drive? Do you have questions about finding other Single Family real estate for sale in Prosper? You can browse all Prosper real estate or contact a Coldwell Banker agent to request more information.