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241 Preston Road

Prosper, TX 75078

$4,500,000

Land · 4.2 ac · $1,070K/ac

Acres4.204 acres
Price per acre$1,070,409 / acre
ZoningCommercial- Previously app…
Road frontageNone
WaterCity Water
SewerCity Sewer
ElectricElectricity Available
TypeUnimproved Land

What it costs to own

Taxes$39,877 per year
MUDNone listed
HOANone listed
Price per acre$1,070,409

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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).

The details

Lot featuresAcreage, Level
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Available

ZoningCommercial- Previously approved for medical
RestrictionsDevelopment
EasementsUtilities
Documents availableAerial Photo, Survey

Mineral rights aren't stated in this listing — verify with the title company before purchase.

SubdivisionProsper Town Center Ph VI

ElementaryJudy Rucker
Middle schoolReynolds
High schoolProsper
DistrictProsper ISD

MLS #21249611
Source
On the marketListed today
CountyCollin

Around this home

One moment…

Everyday life

Nearest groceryKroger Marketplace · 1.0 mi
Nearest parkWillow Ridge Park · 0.2 mi

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Listing courtesy of Wells Asset Management — Austin Wells.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21249611. Information last updated April 24, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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