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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

    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).
    8 days
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    60
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    2
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    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

        DateEventPrice
        4/24/2026Listed for sale$4,500,000
        Source: NTREIS #21249611 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Getting around

        30 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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