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Land for Sale in Prosper, Texas

241 S Preston Rd, Prosper, TX 75078

$4,500,000
4.2 acres
Active sale
ago
Est $35,004/mo

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).

Location

Street address
241 S Preston Rd
Community
Prosper Town Center PH VI
Elevation
784 feet
Coordinates
33.2356, -96.7872

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

Property details

Acreage
4.204 acres
MLS #
NTREIS 21249611
Posted

Parcels

  • R1154300A00201

Legal description

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Nearby schools

NameType
Judy RuckerElementary

Listing history

DateEventPriceChangeSource
Apr 25, 2026New listing$4,500,000NTREIS
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This 4.204-acre property is located at 241 S Preston Rd in Prosper, TX 75078. The property is available for sale for $4,500,000 with a price per acre of $1,070,409.

Checked 2 hours ago — Updated

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