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$390,000 Just Listed
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Property Description
Welcome to 509 E First Street, a beautifully updated home nestled in the heart of historic downtown Prosper. This charming 3-bedroom, 2-bath residence offers approximately 1,336 square feet of thoughtfully designed living space, blending modern upgrades with small-town charm. Step inside to discover a bright, open layout featuring updated flooring, recessed lighting, modern fixtures, and stylish finishes throughout. The renovated kitchen boasts quartz countertops, stainless steel appliances, custom cabinetry, designer tile flooring, and open floating shelves, creating a clean and contemporary feel perfect for everyday living or entertaining. The spacious living areas provide flexibility for both relaxation and work-from-home functionality, ideal space for a home office, guest suite, or flex room. Outside, enjoy the expansive yard with plenty of room to entertain, garden, or expand. Additional highlights include a durable metal roof with solar panels that keep your Electrical bill at near zero ! . Solar panels are owned and NOT leased. fresh exterior paint except the trim, updated curb appeal, a large backyard deck area, mature trees. Located within highly sought-after Prosper ISD and just minutes to downtown Prosper shops, dining, and future redevelopment, this move-in-ready property offers a rare opportunity to own a stylishly renovated home in one of Prosper's fastest-growing and most desirable areas. Don't miss your chance to own this unique property in the heart of Prosper.
Full Property Details
Full Property Details for 509 E First St
General
- Price: $390,000
- Taxes: $5,556
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21238326
- Updated: Today (4/14/2026)
- Added to Site: Today
Interior
- Interior Features: Pantry
- Appliances: Dishwasher, Disposal
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Driveway
Location
- County: Collin
- Subdivision: proper
- Driving Directions: GPS
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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Metal
- Stories/Levels: 1
- Living Area: 1,336 Sq. Ft.
- Year Built: 1982
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454.4
- Lot Size Source: Public Records
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $5,556
Disclosures and Reports
- Legal Description: ABS A0147 COLLIN COUNTY SCHOOL LAND #12 SURVE
- Property ID: R614700715501
- Block: 7
Listed by Conrad Realty, Brent Conrad
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Schools
Schools serving 509 E First St
School District:Prosper Independent School District
| Name | Grades | Distance |
|---|---|---|
Judy Rucker Elementary School 402 South Craig Road, Prosper, TX 75078 | K-5 | 0.2 mi |
Reynolds Middle School 700 North Coleman Street, Prosper, TX 75078 | 6-8 | 0.6 mi |
Prosper High School 301 Eagle Drive, Prosper, TX 75078 | 9-12 | 1.8 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 509 E First St
Date
Details
Price
Change
Source
4/14/2026
Listed
$390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 509 E First St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,727
-2%
$290,000
22%
2023
$4,815
37%
$237,460
-1%
2022
$3,525
—
$241,000
49%
2022
$3,525
6%
$161,224
7%
2021
$3,336
7%
$150,282
9%
2020
$3,127
-5%
$137,954
-2%
2019
$3,289
5%
$140,284
10%
2018
$3,141
2%
$128,093
3%
2017
$3,066
-2%
$124,523
-2%
2016
$3,137
2%
$126,508
3%
2015
$3,063
5%
$122,651
5%
2014
$2,922
—
$116,549
—
2013
$2,920
—
$116,286
—
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 509 E First St
509 E 1st Street, Prosper, TX 75078 (MLS# 21238326) is a Single Family property with 3 bedrooms and 2 full bathrooms. 509 E 1st Street is currently listed for $390,000 and was received on April 14, 2026. Want to learn more about 509 E 1st Street? Do you have questions about finding other Single Family real estate for sale in Prosper? You can browse all Prosper real estate or contact a Coldwell Banker agent to request more information.

