Date
Details
Price
Change
Source
4/24/2026
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$4,500,000 Just Listed
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Property Description
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).
Full Property Details
Full Property Details for 241 S Preston Rd
General
- Price: $4,500,000
- Taxes: $39,877
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21249611
- Updated: Today (4/24/2026)
- Added to Site: Today
Location
- County: Collin
- Subdivision: Prosper Town Center Ph VI
- Driving 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 Prosper Town Center development. Site is the 4.2-acre interior pad located east of CVS Pharmacy
School Information
- Elem School District: Prosper ISD
- Midd School District: Prosper ISD
- High School District: Prosper ISD
- Elementary School: Judy Rucker
- Middle School: Reynolds
- High School: Prosper
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, See Remarks, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 4.204
- Lot Size (Sq. Ft.): 183,126.24
- Lot Features: Acreage, Level
- Development Status: Zoned
- Zoning: Commercial- Previously approved for medical
Financial Considerations
- Tax Amount: $39,877
- Terms: Cash, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: PROSPER TOWN CENTER PHASE VI (CPR), BLK A, LO
- Property ID: R1154300A00201
- Block: A
- Lot Number: 2
Listed by Wells Asset Management, Austin Wells
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Listing agent
— 241 S Preston Rd —
Austin Wells
Wells Asset Management
972-458-2588
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 241 S Preston Rd
School District:Prosper Independent School District
| Name | Grades | Distance |
|---|---|---|
Judy Rucker Elementary School 402 South Craig Road, Prosper, TX 75078 | K-5 | 0.5 mi |
Lorene Rogers Middle School 1001 South Coit Road, Prosper, TX 75078 | 6-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 241 S Preston Rd
Tax History
Tax History for 241 S Preston Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$39,877
9%
$2,228,453
20%
2023
$36,590
-9%
$1,862,852
2%
2022
$40,042
9%
$1,831,262
11%
2021
$36,582
47%
$1,648,136
50%
2020
$24,903
-27%
$1,098,757
-25%
2019
$34,348
—
$1,465,010
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 241 S Preston Rd
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- Single Family
- Active
- Updated 6 hours ago
- 5Beds
- 6Total Baths
Listed by The Live Local Group (214) 828-4300
- Single Family
- Active
- Updated 22 hours ago
- 4Beds
- 4Total Baths
Listed by Anastasia Riley (972) 984-0511
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- Single Family
- Active
- Updated 6 hours ago
- 5Beds
- 6Total Baths
Listed by The Live Local Group (214) 828-4300
241 S Preston Road, Prosper, TX 75078 (MLS# 21249611) is a Lots/Land property with a lot size of 4.204 acres. 241 S Preston Road is currently listed for $4,500,000 and was received on April 24, 2026. Want to learn more about 241 S Preston Road? Do you have questions about finding other Lots/Land real estate for sale in Prosper? You can browse all Prosper real estate or contact a Coldwell Banker agent to request more information.