This is the one you've been waiting for—an amazing opportunity to own a gorgeous home in Prosper ISD for under $400,000! Perfectly located in the highly sought-after Summit View Lake subdivision, this beautifully updated 3-bedroom, 2-bathroom home offers the ideal combination of comfort, style, and convenience.
The open floor plan seamlessly connects the living, dining, and kitchen areas—perfect for entertaining or family gatherings. The split-bedroom layout offers privacy, with the spacious primary suite tucked away and featuring large windows, tiered ceilings, and a private en-suite bath complete with a garden tub, separate walk-in shower, and a generous closet.
Major system updates have already been taken care of, including a Class 4 impact-resistant roof (installed and registered in 2018 with Owens Corning) for superior storm protection and potential insurance savings. Additionally, the foundation has been professionally repaired and certified by a licensed engineer in 2018, ensuring peace of mind for future homeowners.
Step outside to a private backyard retreat—a perfect spot to unwind, enjoy outdoor dining, or take in some fresh air. The community amenities are second to none: enjoy a private fishing lake with covered pier, hike and bike trails, community pool, playground, and ample greenspace—it’s like having your own private state park in your backyard!
All of this just minutes from Baylor Scott & White hospital, Costco, shopping, dining, and everything this thriving area of McKinney has to offer. Zoned to exemplary Prosper ISD schools. Don’t miss your chance—homes like this don’t come along often. Schedule your showing today before it’s gone!
Listed by Kevin Subbert
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eXp Realty LLC
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214-476-6916
Last updated September 05, 2025
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Source: NTREIS #20992125
Listing Facts
TypeSingle-family
NeighborhoodSummit View Lakes
Bedrooms3
Bathrooms2
Days on Prevu61
HOA/Maint. Fees$400/semi-annual
Size1,801 sqft
Price per sqft$208
Amenities
Dishwasher
Pets Allowed
Air Conditioning
Location
Mortgage Calculator
Listing History
07/16/2025
Price Decreased
$374,900
07/08/2025
Listed by eXp Realty LLC
$399,900
Property Details for 5200 Promised Land Drive
Association
Amenities
Community Features: Community Pool
Fees
Association Fee: $400.00 Semi-Annual
Association Fee Includes: Full Use Of Facilities, Management Fees
Exterior
Construction
Roof: Composition
Window Features: Window Coverings
Year Built: 2006
Year Built Details: Preowned
Architectural Style: Traditional
Construction Materials: Brick, Siding
Exterior Features: Rain Gutters, Private Yard
Features
Fencing: Back Yard, Wood
Measurements
Lot Features: Irregular Lot, Landscaped, Subdivision
Lot Size Acres: 0.18
Lot Size Area: 0
Lot Size Source: Assessor
Lot Size Square Feet: 7,840
Lot Size Units: Acres
Financial
Taxes
Parcel Number: R875400C02001
Interior
Features
Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave
Fireplace Features: Gas
Fireplaces Total: 1
Flooring: Carpet, Simulated Wood, Tile
Interior Features: Cable TV Available, High Speed Internet Available, Open Floorplan, Pantry
Measurements
Living Area: 1,801
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 3
Other
Location
Subdivision Name: Summit View Lake Ph One
Tax Block: C
Tax Lot: 20
Parking
Parking
Attached Garage: Yes
Covered Spaces: 2
Garage Spaces: 2
Garage: Yes
Parking Features: Driveway, On Street
Schools
Elementary School
Elementary School: Mike And Janie Reeves
Utilities
Equipment
Cooling: Central Air
Heating: Central
Laundry Features: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
Utilities: Cable Available, City Sewer, City Water, Co-op Electric, Curbs, Individual Gas Meter, Individual Water Meter, Natural Gas Available
Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.