Is 18% of Prosper TX on sale?

4,651 Views | 70 Replies | Last: 19 min ago by Micah97
TommyBrady
How long do you want to ignore this user?
AG
HTownAg98 said:

TommyBrady said:

How many of those are new construction?

I would guess a few hundred at least

Depends on the builder if they put them in the mls or not. Many don't.


The vast majority up here in Celina are added
PDEMDHC
How long do you want to ignore this user?
AG
Live in far east prosper. Have about 18-20 for sale out of 400 homes or so. One guy is military and reassigned. Talked with two more… youngest kid graduated HS so selling and downsizing. The 400,000+ gains seen in 10 years helps pays for school and gets a smaller home with plenty down.
ChoppinDs40
How long do you want to ignore this user?
AG
Long time prosper resident here

The city is very transient now. People come for jobs, people leave for jobs.

People move for schools. Kids graduate, they downsize and leave.

Property taxes eat you alive in Texas in a big home where valuations go up 10% every year. Median price in prosper now is like 870k or something like that. That's ~$21k in property taxes.

I think there are lots of people that overbought. Sections of our hood were basically being sold sight unseen at the height…. 1.5mm++. I bet many of those have now lost 10%+ equity on that.

Also, many people that move here don't understand property taxes and mortgage lenders do people no favors understanding the homestead exemption.

Was talking to two families that are listed right now:

"Just want to see what we can get, if we can get what we paid, we're moving to Tennessee". Just up and moving.

I think insurance, gas, taxes, and keeping up with the joneses has stretched many too thin.

When I find out that there's a realtor, underwater basket weaving influencer, engineer, etc with a SAHM living in a 1.2mm house, it makes no sense to me.

Now I see the unraveling.
Garrelli 5000
How long do you want to ignore this user?
AG
"mishandled" is being nice. Your client is ****ing moron. God willing tax payers aren't in the hook.

annie88
How long do you want to ignore this user?
AG
Wrong forum.
I don’t get enough credit for the things I manage not to say.
YouBet
How long do you want to ignore this user?
AG
SupermachJM said:

Argyle went from <1% Asian when we bought 2 years ago to >8% this year. Don't know where they're all coming from but there's a little cabal of them at our HOA meetings that all sit together and band together to try to get things passed.

Indian or Oriental?
ChoppinDs40
How long do you want to ignore this user?
AG
100% Indian
Micah97
How long do you want to ignore this user?
AG
We moved to Celina 12 years ago. We are looking to move further north absolutely due to the middle eastern and Indian invasion. I take my kids to the park and more than half the kids have a mom wearing burkas or dots. I don't care if people think it's racist. I want to live in an area where the dominant population shares my cultural values.
Gateman
How long do you want to ignore this user?
AG

This is a new build going for $1.3 million in Prosper. Is it just me or is that some really strange architecture?
Hubert J. Farnsworth
How long do you want to ignore this user?
Kenneth_2003 said:

Cowbird said:

I have 3 friends selling their house there to move down towards the Ellis County side. Said every house on his street now is foreign family's with sometimes 12-16 people living in the home. Crazy times for north Texas.


The single generation single family residence is a very western concept.

Multiple generations in a SFR in the East is I think the norm.

Then again I wonder how much food stamp fraud and other assistance is going on with that too... Our system really isn't setup to multigenerational households


We need Nick Shirley to spend some time in Texas investigating.
YouBet
How long do you want to ignore this user?
AG
ChoppinDs40 said:

100% Indian


Then we should say that. This new found trend of using Asian for Indians makes me insane.
AggieVictor10
How long do you want to ignore this user?
AG
ChoppinDs40
How long do you want to ignore this user?
AG
Build em high and let them fly.

I partially blame the builders for allowing 2 master suites in their floorplans these days.

Mama Ganesh can come stay for months at a time.
Hubert J. Farnsworth
How long do you want to ignore this user?
YouBet said:

ChoppinDs40 said:

100% Indian


Then we should say that. This new found trend of using Asian for Indians makes me insane.


The British government does the same thing with the middle eastern muslims. They call them Asians. Sure it's technically correct, but we all know that they are just trying to tie them in with the much better behaved Far East Asians.
scd88
How long do you want to ignore this user?
AG
I suspect the crime rate will skyrocket with all these Indians moving to the area...
TAMUallen
How long do you want to ignore this user?
AG
scd88 said:

I suspect the crime rate will skyrocket with all these Indians moving to the area...


The smells will
scd88
How long do you want to ignore this user?
AG
TAMUallen said:

scd88 said:

I suspect the crime rate will skyrocket with all these Indians moving to the area...


The smells will


The food does smell good, I agree.
BadMoonRisin
How long do you want to ignore this user?
AG
Gateman said:


This is a new build going for $1.3 million in Prosper. Is it just me or is that some really strange architecture?

Not really my style, but i think it looks kind of interesting, except for the 1 car garage
ChoppinDs40
How long do you want to ignore this user?
AG
Split garage, swing style. It's likely a 3.5 car garage.
FWTXAg
How long do you want to ignore this user?
AG
91AggieLawyer said:

It isn't just H1Bs. Some people overbought. Some WAY overbought.

Had a case -- foreclosure plus eviction matter -- that I handled some of. Talked to the guy. They bought a 1.5 mil house about 2 years prior (this was late 2025; Nov, I think). I don't know what they put down, but I don't think they ever made a payment on time -- and certainly not a full payment. I talked to the guy. We didn't go over the numbers in a detailed way but I think he had a good year as a realtor and thought it was going to continue forever. He probably needed to be in something half of what he bought -- 2/3 at the most. Plus, I think his interest rate was astronomical.

Well, he mishandled his foreclosure/eviction about as much as anyone I've ever seen. He spent 4 grand to get someone to write a petition for wrongful foreclosure in the District Court while the eviction process was going on. He was on his own after it was filed -- it was a 30+ page law review article, if you will, with no chance of success upon easy challenges. Plus, he either repaired or put in a new AC unit and that high end fridge AFTER he got a notice to vacate because he was sure he was going to be able to stay in the property.

I don't know how the district court proceeded but the JP granted the eviction and set a $17.5K bond to appeal. I looked at the house on Redfin or something and it was indeed a nice house. Not sure it was worth 1.5 but prob 1.2.


This. And this is only just the beginning. Big trouble is coming.
BadMoonRisin
How long do you want to ignore this user?
AG
I figured that's where the driveway that looks like it continues to the left was going.
ChoppinDs40
How long do you want to ignore this user?
AG
No. Right there in the middle. Double door is facing straight left. That window in the front is into the garage.
TAMUallen
How long do you want to ignore this user?
AG
scd88 said:

TAMUallen said:

scd88 said:

I suspect the crime rate will skyrocket with all these Indians moving to the area...


The smells will


The food does smell good, I agree.


If I wanted to smell curry all the time, I'd go to India.
scd88
How long do you want to ignore this user?
AG
[Over the line -- Staff]
TyHolden
How long do you want to ignore this user?
AG
They are all moving to Grimes County...
I hope I did not offend anybody with this post. If I did, please come see me at my address in my profile so we can talk.
ChoppinDs40
How long do you want to ignore this user?
AG
FWTXAg said:

91AggieLawyer said:

It isn't just H1Bs. Some people overbought. Some WAY overbought.

Had a case -- foreclosure plus eviction matter -- that I handled some of. Talked to the guy. They bought a 1.5 mil house about 2 years prior (this was late 2025; Nov, I think). I don't know what they put down, but I don't think they ever made a payment on time -- and certainly not a full payment. I talked to the guy. We didn't go over the numbers in a detailed way but I think he had a good year as a realtor and thought it was going to continue forever. He probably needed to be in something half of what he bought -- 2/3 at the most. Plus, I think his interest rate was astronomical.

Well, he mishandled his foreclosure/eviction about as much as anyone I've ever seen. He spent 4 grand to get someone to write a petition for wrongful foreclosure in the District Court while the eviction process was going on. He was on his own after it was filed -- it was a 30+ page law review article, if you will, with no chance of success upon easy challenges. Plus, he either repaired or put in a new AC unit and that high end fridge AFTER he got a notice to vacate because he was sure he was going to be able to stay in the property.

I don't know how the district court proceeded but the JP granted the eviction and set a $17.5K bond to appeal. I looked at the house on Redfin or something and it was indeed a nice house. Not sure it was worth 1.5 but prob 1.2.


This. And this is only just the beginning. Big trouble is coming.


You know, I thought so too. We're not there yet. I can't seem to negotiate a used golf cart down that far. Cars are still super expensive. Restaurants packed.

I think Texas is just getting expensive and people are going to even lower COL areas. More rural southeast.

More rural Texas. Oklahoma. Kansas.

Wealthy boomers are propping this sucker up because they're still heavy equities and living the Gotdamn good life.

They still have pensions, taxes frozen on a 300k mansion that's now worth 850k. Ranch they bought for $1,200 an acre now selling for $20k an acre.

My mid30s buddies and I always joke and lament about how we were born 15 years too late. Buying ski condos for $150k?

Lake houses for 300k? LOL.
Seven Costanza
How long do you want to ignore this user?
AG
YouBet said:

ChoppinDs40 said:

100% Indian


Then we should say that. This new found trend of using Asian for Indians makes me insane.

I don't believe this is a trend. The races for census data are White, Black, American Indian/Native American/Native Alaskan, Asian, Native Hawaiin/Pacific Islander. People from India have always been classified as Asian from this standpoint.
SupermachJM
How long do you want to ignore this user?
Indian. They just say "Asian" in the stats because they don't differentiate the Indian subcontinent.
TAMU1990
How long do you want to ignore this user?
AG
Cowbird said:

I have 3 friends selling their house there to move down towards the Ellis County side. Said every house on his street now is foreign family's with sometimes 12-16 people living in the home. Crazy times for north Texas.


Someone should pay for this - unfortunately it would be a Republican. I will not vote for a Democrat ever because they are bat **** crazy. These H1B visas need to be rescinded immediately.
SupermachJM
How long do you want to ignore this user?
BadMoonRisin said:

Gateman said:


This is a new build going for $1.3 million in Prosper. Is it just me or is that some really strange architecture?

Not really my style, but i think it looks kind of interesting, except for the 1 car garage

JWinTX
How long do you want to ignore this user?
scd88 said:

TAMUallen said:

scd88 said:

I suspect the crime rate will skyrocket with all these Indians moving to the area...


The smells will


The food does smell good, I agree.


No it doesn't…at all
SupermachJM
How long do you want to ignore this user?
This guy videoed this about a mile from my house.

https://instagr.am/p/DWzHqQMkU5F
DannyDuberstein
How long do you want to ignore this user?
AG
Micah97 said:

We moved to Celina 12 years ago. We are looking to move further north absolutely due to the middle eastern and Indian invasion. I take my kids to the park and more than half the kids have a mom wearing burkas or dots. I don't care if people think it's racist. I want to live in an area where the dominant population shares my cultural values.


You won't outrun it for long by continuing up the same corridor. Other than moving to an entirely different portion of the metroplex, I think the better strategy may be moving to select neighborhoods back closer to the city that are older, redone, more expensive while not being mcmansions and therefore less accommodating of multi-family. Certain neighborhoods in Richardson, north Dallas, etc.. Someplace like Canyon Creek for instance which is less than 5% asian
DannyDuberstein
How long do you want to ignore this user?
AG
JWinTX said:

scd88 said:

TAMUallen said:

scd88 said:

I suspect the crime rate will skyrocket with all these Indians moving to the area...


The smells will


The food does smell good, I agree.


No it doesn't…at all


Agree. This is a culture that does not value hygiene. When I smell Indian food, I smell a longstanding effort to overcome ass and disease with strong smells and flavors. Gross.
IIIHorn
How long do you want to ignore this user?
Is it an attempt to curry flavor with the neighbors?


( ...voice punctuated with a clap of distant thunder... )
Page 2 of 3
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.