UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Prosper Town Center Ph Vi
MLS Listing ID 21249611
HOA Y/N None
Annual Tax Amount $39,877
Lot Size 4.204 Acres
Acres 4.204
Property Sub-Type Unimproved Land
Property Description
Strategically located just east of N. Preston Road (TX-289) with 42,872 VPD, immediately adjacent to CVS Pharmacy, Tribute Senior Living (assisted living & memory care), and surrounding Class A professional office. Less than one mile from The Gates of Prosper (Walmart, Dick's, TJ Maxx, Ross, Burlington, DSW, Kohl's, HomeGoods) and within walking distance of Reynolds Middle School and Prosper High School.
Located in one of the fastest-growing affluent submarkets in North Texas. Prosper population grew 50% from 2020-2024 to 42,598 residents, with a median household income of $198,632 and median home value of $886,000 — demographics that strongly support specialty medical, dental, surgical, and ancillary healthcare uses.
All utilities, easements, and access in place per recorded ALTA survey. Zone X (outside 0.2% floodplain). Plans, survey, civil drawings, and full due diligence package available upon request and execution of CA.
Sale Price: $4,500,000 ($24.60 PSF).
Location
State TX
County Collin
Zoning Commercial- Previously approved for medical
Direction From Dallas North Tollway, exit US-380 and head west to Preston Rd (TX-289). Go north on Preston Rd approximately 2.5 miles to E. First Street in Prosper. Turn east on First Street, then south into the Prosper Town Center development. Site is the 4.2-acre interior pad located east of CVS Pharmacy
Exterior
Utilities Available City Sewer, City Water, Electricity Available, See Remarks
Garage No
Building
Lot Description Acreage, Level
Schools
Elementary Schools Judy Rucker
Middle Schools Reynolds
High Schools Prosper
School District Prosper Isd
Others
Restrictions Development
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
NEARBY SCHOOLS & PROPERTIES
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