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241 S Preston Road

Prosper, Texas 75078
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Acres4.20

Acres(Lot)

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 M iddle 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).

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Detail Ic Property Details

Property Type : Land

Price : $4,500,000

AD Id : 77730875

MLS Id : 558277195

Lot Size : 4.20 Acres(Lot)

County : Collin

Subdivision: Palos Verdes

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Feature Features

  • Utilities

    City Sewer,City Water,Electricity Available,See Remarks

  • Lot Information

    Lot Size (Acr): 4.2040 Lot Size Units: Acres Lot Size Square Feet: 183,126 Lot Features: Acreage,Level
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: Prosper Town Center Ph VI City: Prosper State: Texas 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 Status: Active

  • Listing Price Information

    Original List Price: $4,500,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R1154300A00201 Tax Block: A Tax Legal Description: PROSPER TOWN CENTER PHASE VI (CPR), BLK A, LO Tax Lot: 2 Unexempt Taxes: $39,877

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Judy Rucker Middle School: Reynolds High School: Prosper School District: Prosper ISD
  • Utility Information

    Utilities: City Sewer,City Water,Electricity Available,See Remarks
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/08/2026 @ 14:58

MLS: 558277195 LISTED BY: Austin Wells, Wells Asset Management 972-458-2588 SOURCE: NTREIS - North Texas Real Estate Information

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