This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
$775,000 Sale Pending
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
Property Description
Experience elevated living in this stunning 4-bedroom, 3-bath home in the highly sought-after Falls of Prosper community - offering exceptional value for its size, upgrades, and location. Zoned to Prosper ISD and ideally situated near US 380 & Dallas North Tollway, enjoy quick access to PGA Headquarters, the upcoming Universal Studios Frisco, and premier shopping and dining - all while savoring the peace of suburban living. Set on an oversized lot, this home features an open-concept layout, custom storage throughout, and a rare third garage bay for added flexibility. The chef-inspired kitchen with dry bar flows seamlessly into the inviting living area, perfect for entertaining. A private office offers the ideal workspace for productivity or creativity. The primary suite is a luxurious retreat with a spa-like bath, freestanding soaking tub, oversized shower, double vanities, and direct access to the laundry room. Upstairs, enjoy a flexible loft, media room, and two spacious bedrooms. Step outside to a private backyard oasis featuring a custom pool, covered patio, fire pit, and 8-ft privacy fencing - designed for both relaxation and entertainment. Exterior Christmas lights (not yet installed) are included with the home. Residents enjoy greenbelt walking trails, and parks, plus one of the lowest tax rates in the area. A rare find - this home delivers luxury, location, and unmatched value in Prosper.
Full Property Details
Full Property Details for 1220 Rainier Dr
General
- Price: $775,000
- HOA FEE: $82/month
- HOA FEE FREQ.: Annually
- Taxes: $12,408
- Status: Pending
- Type: Single Family
- Source: NTREIS
- MLS ID: 21078116
- Updated: 12/22/2025
- Added to Site: 101 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Dry Bar, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Loft, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave
- Flooring: Carpet, Other, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area
Additional Information
- Pool: Yes
- Pool Description: In Ground, Outdoor Pool, Pool
Exterior
- Exterior Features: Fire Pit, Gas Grill, Lighting, Private Entrance, Private Yard, Rain Gutters
- Porch/Patio/Deck: Patio, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Concrete, Door-Multi, Driveway, Garage Faces Front, On Site, Private
Location
- County: Collin
- Subdivision: Falls Of Prosper Ph I
- Driving Directions: Head north on Dallas North Tollway N. Take the exit for US-380 E. Turn right onto W University Dr. Turn left onto Lovers Ln, then right onto TX-289 N. Turn right onto E Prosper Trail, left onto Olympia Ln, then right onto Newpark Way. Newpark Way curves left and becomes Rainier Dr.
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: Essex
- Assoc. Fees Include: Association Management
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Phone Available, Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 2
- Living Area: 3,717 Sq. Ft.
- Year Built: 2017
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503.6
- Lot Size Source: Public Records
- Sidewalks: Yes
- Lot Features: Interior Lot, Landscaped
- Trees/Vegetation: Grassed
- Fencing (Description): Back Yard, Fenced, Full
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $988
- Assoc Fee Freq.: Annually
- Tax Amount: $12,408
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: FALLS OF PROSPER PHASE I (CPR), BLK F, LOT 5
- Exclusions: personal property and blinds are being left for convenience or removed before close.
- Property ID: R1131800F00501
- Block: F
- Lot Number: 5
Listed by Orchard Brokerage, Shequoia Barrett
Get Pre-Approved Today
Schools
Schools serving 1220 Rainier Dr
School District:Prosper Independent School District
| Name | Grades | Distance |
|---|---|---|
Ralph and Mary Lynn Boyer Elementary School 1616 Montgomery Lane, Prosper, TX 75078 | K-5 | 2.2 mi |
Reynolds Middle School 700 North Coleman Street, Prosper, TX 75078 | 6-8 | 1.5 mi |
Prosper High School 301 Eagle Drive, Prosper, TX 75078 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1220 Rainier Dr
Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$775,000
-1.84%
MLS
11/12/2025
Price Reduced
$789,500
-0.06%
MLS
10/06/2025
Listed
$790,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1220 Rainier Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,963
7%
$845,133
7%
2023
$9,294
-9%
$791,752
3%
2022
$10,185
—
$768,308
11%
2022
$10,185
10%
$694,645
56%
2021
$9,256
-1%
$445,557
1%
2020
$9,369
-23%
$441,834
-15%
2019
$12,172
58%
$519,179
65%
2018
$7,700
—
$314,031
—
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 1220 Rainier Dr
1220 Rainier Drive, Prosper, TX 75078 (MLS# 21078116) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1220 Rainier Drive is currently listed for $775,000 and was received on October 06, 2025. Want to learn more about 1220 Rainier 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.

