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).
Lot/land
$4,500,000
241 S Preston Rd, Prosper, TX 75078
--beds
--baths
4.2Acres
Unimproved Land
Built in ----
4.2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 8 days |
- 60 |
- 2 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Austin Wells 0823411 972-458-2588,
Wells Asset Management 972-458-2588
Source: NTREIS,MLS#: 21249611
Facts & features
Property
Lot
- Size: 4.2 Acres
- Features: Acreage, Level
Details
- Parcel number: R1154300A00201
- Zoning description: Commercial- Previously approved for medical
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, See Remarks, Water Available
Community & HOA
Community
- Subdivision: Prosper Town Center Ph VI
HOA
- Has HOA: No
Location
- Region: Prosper
Financial & listing details
- Tax assessed value: $2,045,327
- Annual tax amount: $39,877
- Date on market: 4/24/2026
- Listing terms: Cash,1031 Exchange
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$7,460/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Listed for sale | $4,500,000 |
Source: NTREIS #21249611 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $39,877 +6104.7% | $2,045,327 +9.8% |
| 2024 | $643 -98.2% | $1,862,852 +1.7% |
| 2023 | $36,590 | $1,831,262 |
| 2022 | -- | $1,831,262 +11.1% |
| 2021 | $36,582 +46.9% | $1,648,136 +50% |
| 2020 | $24,903 -27.5% | $1,098,757 -25% |
| 2019 | $34,347 | $1,465,010 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75078
Nearby schools
GreatSchools rating
- 7/10Judy Rucker Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 9/10Lorene Rogers Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Walnut Grove High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Judy Rucker
- Middle: Reynolds
- High: Prosper
- District: Prosper ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Collin County
- Prosper
- 75078
- 241 S Preston Rd



