Updated Aug 31, 2026
Ervin Singh And Pooja Sharma Purchase Former Deion Sanders Estate In Prosper For $4.5 Million
1400 Copper Point
$4,500,000
$155/SF
Building Size
29,000 SF
Asset Type
Single Family
Closing
Aug 5, 2026
About this deal
AI
The asset involved in this transaction is a Single Family property located at 1400 Copper Point in Prosper, Texas. The mansion, known as "The Montclair," encompasses nearly 29,000 square feet and sits on 6 acres of land. It was sold for $4,500,000 after being listed for as high as $5,500,000, reflecting a price per square foot of $155.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,500,000
- Address: 1400 Copper Point, Prosper, TX
- Assets Square Footage: 29,000
- Price per Square Foot: $155
- Buyer: Ervin Singh & Pooja Sharma
- Seller: Preston Investment Group LLC
- Broker: Heather Stevens - The Agency
- Loan Amount: $3,900,000
- Acres: 6
The deal saw Ervin Singh and Pooja Sharma purchase the property from Preston Investment Group LLC, facilitated by broker Heather Stevens from The Agency. The buyers secured the mortgage for $3.9 million to finance the acquisition of the estate.
Players
Prosper Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $155 per square foot on a published $4.5M for 29,000 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93