241 S Preston Road
Prosper, TX, 75078
$
4,500,000
Baths0.0
Monthly Estimate*
$
27,707
Studio for $4,500,000. The lot size is 4.204.
Rare shovel-ready 4.204-acre pad site in the heart of Prosper Town Center, positioned for immediate medical office or surgery center development. Approved plans in place for a ±30,000 SF two-story Medical Office Building (Phase 1) and ±15,000 SF Surgery Center (Phase 2), with full architectural elevations, civil engineering, and site work designed and permit-ready. Block A, Lot 2 of Prosper Town Center Phase VI (183,141 SF).
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).
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Features
General
Development Status
Zoned
Utilities
City Sewer
City Water
Electricity Available
See Remarks
Possession
Closing/Funding
current use
Commercial
Restrictions
Development
School District
Prosper ISD
Property Subtype
Unimproved Land
Subdivision Name
Prosper Town Center Ph VI
County
Collin
Property Type
Land
HOA Type
None
Status
Active
Directions
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
City
Prosper
Elementary School Name
Judy Rucker
High School
Prosper
Elementary School
Judy Rucker
Standard Status
Active
Listing Terms
1031 Exchange
Cash
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Exterior
Waterfront
0
Lot Features
Acreage
Level
Lot Size
3 to < 5 Acres
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* Excluded Features
List By
Austin Wells
Listing Agent
Wells Asset Management
Broker
Affordability Calculator
- Monthly Principal & Interest
- $27,707
- Monthly Property Taxes
- $3,323
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Lots and land listings in Prosper, TX
Average List Price
$2,348,118
Percent of Sale Price
48%
About Prosper, TX
25,173
Population
870%
Since 2002
$
125,296
Median Income
35.35
Median Age
52%
Households with Children
Trends Information provided by ATTOM Data Solutions.
287391
Elementary School
5115975
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
4/24/2026
|
$4,500,000
|
|
Listed Price
|