Collin County Texas Real Estate Index for New Homes and Preowned Homes for Sale

Contact The Askins Realty Group

If you have any questions or need more detailed information, please feel free to contact me via phone at 972.529.2394 or fill out the form to let us know how we can help with your real estate needs.

Office Location Stonebridge Ranch,
McKinney, Texas 75071
Phone: (972) 529-2394
Mike's Cell: (214) 727-3686
Jenee's Cell: (214) 727-3401
Fax: (972) 692-0435

Prosper Texas Fast Facts

img_6725_400Location is Key for Real Estate value improvements. Consider Prosper's Location:

  • 10 Minutes to Frisco (Borders Frisco)
  • 20 Minutes to Downtown McKinney (Borders McKinney)
  • 30 Minutes to Denton
  • 35 Minutes to Dallas

Consider these other factors concerning Prosper:

  • Acclaimed Public School System. Low Teacher to Student Ratio.
  • The entire City is a Master Planned City
  • The Gates of Prosper Open Air Mall, a 550 Acre Development is about 1 year away. This is a project that may reach $1 Billion and will rival the Commercial Center at the Stonebriar Mall in Frisco.
  • Jack Nicholas Golf Course is Set to Break Ground this Summer (2009)
  • Prosper's New High School opens for the 2009 / 2010 School Year
  • Prosper's New High School will have a new 9000- 12000 Seat Football / Atheletic Stadium
  • Prosper is Adding a New Community Park that will feature 10 Soccer Fields, 10 Ball Fields.
  • Prosper is designing in a city wide connecting Hike and Bike Trial
  • Prosper has a 27 Acre Town Lake with Boat Dock
  • Prosper is currently adding 1 resident per day and this number is set to begin to accelerate in 2010.
  • Prosper will benefit from the expansion of the Dallas North Tollway to the North of Hwy380

 


 

The Town of Prosper

  • 27 square miles at build-out
  • Located at the intersection of U.S. 380 and Preston Road (SH 289) in a high-growth region of North Central Texas
  • Home Rule Municipality
  • Mayor and 6-Member Council
  • Full Time Fire and Police

 

Demographic

  • April 1, 2009 population est.: 7,116
  • Build-out population projection: 80,000
  • 2006 annual growth rate: 15.24%
  • Population by Age:
    Under 21: 34.52 %
    21 to 24: 4.21 %
    25 to 44: 36.84 %
    45 to 54: 12.10 %
    55 and over 12.33 %
  • Average Resident Age: 31.40
  • Average Household Income: $102,778
  • Per Capita Income: $36,032
  • Average Home Price: $280,800
  • 76 % attended college
  • 45% attained advanced degrees

 

Recreation

  • Gentle Creek Golf Course
  • Recreational Programs (Prosper Sports Association)
  • Prosper Community Tennis Association
  • Convenient access to numerous Metroplex cultural/entertainment venues and outdoor recreational areas

 

Health Care

  • Centennial Medical Center
  • Denton Regional Medical Center
  • Medical Center of McKinney
  • Medical Center of Plano
  • Presbyterian Hospital of Allen
  • Presbyterian Hospital of Plano

 

Labor Force & Economic Base

  • "Right-to-Work" state
  • No state personal income tax
  • Prosper population by occupation:
  • Management, Business, Financial Operations 19.07 %
  • Professional and Related Occupations 24.46 %
  • Service 12.21 %
  • Sales and Office 23.44 %
  • Farming, Fishing, and Forestry 0.69 %
  • Construction, Extraction and Maintenance 9.78 %
  • Production, Transportation, Material Moving 10.33 %

 

Housing - New Homes

  • Amberwood Farms from $600K
  • Ariana Estates from $400K
  • Cedar Ridge Estates from $250K
  • Chapel Hill from $263K
  • Deer Run from the $400's
  • Gentle Creek / Golf Club from $300K
  • Highland Meadows from $400K
  • Lakes of LaCima from $227K
  • Lakes of Prosper from $275K
  • Preston Lakes from $250K
  • Quail Lake from the $500's
  • Steeplechase from $380K
  • Saddle Creek Estates from the $500's
  • Trails of Prosper from $180K
  • Vistas from Gentle Creek from $277K
  • Whispering Farms from $400K
  • Whitley Place from the $380's
  • Willow Ridge from $270K

 
 

Financial Status

  • Town Bond Rating
  • "AAA" from Moody’s Investor
  • "AAA" from S&P
  • Total 2006 appraised value: $569,038,684
  • Tax Structure (per $100 Valuation)
  • Town: $0.498817
  • County: $0.245000 (Collin)
  • County: $0.231920 (Denton)
  • College: $0.087683 (Collin)
  • PISD: $1.800000
  • Total: $2.631499 (Collin)
  • Total: $2.530737 (Denton)

 

Annual Average Real Estate Prices

  • 2003 - $263K
  • 2004 - $306K
  • 2005 - $343K
  • 2006 - $392K
  • 2007 - $394K
  • 2008 - $424K

 

Transportation

  • DFW International Airport: 32 miles
  • Dallas Love Field: 31 miles
  • U.S. 380: southern boundary
  • Dallas North Parkway: frontage lanes (Early 2008)
  • SH 289 (Preston Road) bisects Town
  • U.S. 75: 15 miles East
  • IH-35: 24 miles West
  • IH-45: 35 miles South

 

Utilities

  • Sewer and Water: The Town of Prosper
  • Electricity: TXU, CoServ & Grayson
  • Natural Gas - ATMOS and CoServ
  • Solid Waste: IESI
  • Telephone: AT&T

 

Developments

  • Fire Station
  • Prosper Town Center
  • Exxon/TigerMart/Subway
  • Stone Creek Office Park
  • Carmela Winery

 

School District Contacts

  • Prosper ISD Administration
    Drew Watkins, Superintendent
    605 E. 7th Street
    Prosper, TX 75078
    972-346-3316
    www.prosper-isd.net

 

Colleges & Universities

  • Collin County Community College
  • Texas A&M University-Commerce
  • Texas Women’s University
  • University of Texas-Dallas
  • University of North Texas

 

Contacts

  • Town of Prosper 121 W. Broadway Street Prosper, TX 75078
  • Town Hall: 972-346-2640
  • Economic Development: 972-346-3397
  • Planning Department: 972-346-3502
  • Building Inspections: 972-346-3502
  • Code Enforcement: 972-346-3502
  • Public Works Department: 972-347-2741
  • Prosper Fire Department: 972-347-2424
  • Prosper Police Department: 972-347-9002

 

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