241 S PRESTON ROAD, PROSPER, TX 75078

Homes for sale in Prosper.

Homes for sale in 75078.


241 S Preston Road

Prosper, TX 75078

Active

List Price$4,500,000

Listing Image Listing Image Listing Image Listing Image

Listing #21249611

4.2

Acres

Lots / Land

Type

About This Property

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).

Property Features

Location Information

County

Collin

Subdivision

Prosper Town Center Ph VI

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Sewer Available, See Remarks, Water Available

Zoning

Commercial- Previously approved for medical

Lot Description

Acreage, Level

Development Status

Zoned

Lot Size in Acres

4.204

Road Description

None

Lot Size in Sq. Ft.

183,126

Is One Story

No

Current Use

Commercial

Lot Description

Acreage, Level

School

Elementary School District

Prosper ISD

Jr. High School

Reynolds

Elementary School

Judy Rucker

High School

Prosper

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Tax Annual Amount

39877.0

Status

Active

Documents Available

Aerial, Survey

Similar Listings

Mortgage Calculator

$21,015

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$16,215

Monthly Tax

$3,750

Monthly Insurance

$1,050

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder