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241 S Preston Road
Prosper TX 75078 US

$4,500,000

Active Listing ID 21249611
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Lot: 4.20 Acres
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Unimproved Land

$4,500,000

Active Listing ID 21249611
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241 S Preston Road 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).

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Property Features

  • Facts
  • Lot Size: 4.20 Acres
  • Property Type: Land
  • Property Sub-type: Unimproved Land

School Information

  • School
  • Judy Rucker(Elementary)

Property

  • propertytype: Land
  • propertysubtype: Unimproved Land
  • listprice: 4500000
  • unparsedaddress: 241 S Preston Road
  • postalcity: Prosper
  • stateorprovince: TX
  • country: US
  • postalcode: 75078
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 4.204
  • lotsizeunits: Acres
  • lotsizearea: 4.204
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.235571
  • longitude: -96.78716
  • listagentfullname: Austin Wells
  • listagentemail: austin@wellsasset.com
  • listagentkey: 3yd-NTREIS-0823411
  • listagentmlsid: 0823411
  • listagentpreferredphone: 9724582588
  • listagentofficephone: 9724582588
  • listofficekey: 3yd-NTREIS-WELL01
  • listagentstatelicense: 0823411
  • listofficemlsid: WELL01
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • listagenturl: http://www.wellsasset.com
  • countyorparish: Collin
  • parcelnumber: R1154300A00201
  • elementaryschool: Judy Rucker
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.78716, 33.235573
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Wells Asset Management, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"austin@wellsasset.com", "ListBrokerageCity":"Dallas", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Wells Asset Management, Inc.", "ListBrokeragePhone":"(972) 458-2588", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"Suite 190 14881 Quorum", "ListBrokerageWebsiteUrl":"http://www.wellsasset.com", "ListOfficeAddress1":"4139 Centurion Way Ste 500", "ListOfficeAddress2":"Suite 500", "ListOfficeBrokerMlsId":"0359131", "ListOfficeCity":"Addison", "ListOfficeCountry":"US", "ListOfficeEmail":"mike@wellsasset.com", "ListOfficePostalCode":"75001", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Unimproved Land - Prosper, TX", "ListingURL":"https://listings.listhub.net/pages/NTREIS/21249611/?channel=rexren", "MLSModificationTimestamp":"2026-04-24T11:32:05Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Unimproved Land", "RawPropertyType":"Land", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/5/2026 8:21:13 PM GMT
Source Updated Date: 5/10/2026 12:36:50 PM GMT

Courtesy of: Austin Wells, Wells Asset Management, austin@wellsasset.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.