Researched 23 September 2026
Prosper, Texas
The million-dollar median — and the softest negotiating position it has had in years.
Text PROSPER to (469) 949-8827
Market snapshot
Where the market sits.
$871,923
median sale price, down 0.58% year over year
three months ending August 2026, Redfin
84 days
median on market, 17 days slower than a year ago
August 2026, Redfin
212
homes sold, down 13.0% year over year
August 2026, Redfin
45,605
residents, up from 30,174 at the 2020 census
July 2025 estimate, U.S. Census Bureau
Property tax
The rate, line by line.
| Taxing entity | Rate per $100 | Source |
|---|---|---|
| Town of Prosper | 0.505000 | tax year 2025 / FY2025-26 |
| Collin County | 0.149343 | tax year 2025 / FY2025-26 |
| Prosper ISD | 1.214100 | tax year 2025 / FY2025-26 |
| Collin College | 0.081220 | tax year 2025 / FY2025-26 |
| Combined, Collin County side | 1.949663 | tax year 2025 / FY2025-26 |
| Denton County | 0.185938 | tax year 2025 / FY2025-26 |
Denton-side buyers substitute Denton County's 0.185938 for Collin's 0.149343 and should confirm the junior college line before relying on a total. No Prosper PID appears on the Collin County 2025 rate table and the town's own planned-development list names none, but Texas PID assessments are levied separately from ad valorem rates, so confirm per address with Town of Prosper finance rather than assuming.
Builder incentives
What is advertised, and what to ask.
Star Trail and Wandering Creek at Brookhollow
Toll Brothers
4.99% (5.24% APR) 30-year fixed, limited time on select homes. Star Trail from $1,056,995; Wandering Creek from $1,097,995 to $1,220,995.
Confirm: No expiration is published. Get the eligible homes and the expiration in writing.
Prosper
Builder starting prices, NewHomeSource, 23 September 2026
Drees Custom Homes from $399,990; M/I from $451,990; Highland from $473,990; Landon from $484,990; Taylor Morrison from $493,990; American Legend from $499,990; Perry from $599,900; Shaddock from $629,000; K. Hovnanian from $686,990; Southgate from $694,000; First Texas from $760,950; Harwood from $1,019,950; Grand Homes from $1,068,900; Britton from $1,099,900; Toll Brothers from $1,220,995; Our Country Homes from $1,425,000.
Confirm: Starting price is the smallest plan on the smallest lot. Ask what the homes actually selling are closing at.
Communities
How the communities differ.
Star Trail
Marketed from the $700s to $1 million and above, with American Legend, Britton, Coventry, Highland and Toll Brothers building.
Windsong Ranch
Developed by Tellus Group. Southgate's 71-foot series starts at $889,900 with 3,279 to 4,499 sq ft, and the community averaged $886,796 and $273 per sq ft on NewHomeSource.
Ladera Prosper
An Epcon 55+ age-restricted community of 244 homes, 1,647 to 2,930 sq ft, with clubhouse, fireplace pavilion, fitness center, gated entry, outdoor kitchen, pickleball, pool and walking trails.
How Prosper is zoned
The town carries more than 130 planned development districts, which is how lot sizes and standards are set community by community rather than by uniform citywide zoning. Communities are sold in lot-width series, so compare the series, not just the community.
Schools
The district and its building program.
Prosper ISD enrolls 33,651 students across 32 campuses — 21 elementary, six middle and five high schools — and adds roughly 3,400 students a year. Voters authorized $2.7 billion in 2023, described by the district as the second-largest bond approval in Texas history, and four campuses opened for 2025-26: Thomson Elementary, Smothermon Elementary, Moseley Middle and Richland High School. Attendance boundaries for 2026-27 are under review. Campus ratings and data: txschools.gov.
Getting around
Distance and access.
The Prosper EDC places the town 30 miles north of Dallas, with DFW International and Dallas Love Field each within a 40-minute drive. The Dallas North Tollway Phase 4A from US-380 to FM 428 is scheduled to open in late 2027.
Growth
What is under construction.
Medical City Healthcare has a 573,300 sq ft hospital campus proposed at Frontier Parkway and Dallas Parkway, which would be Prosper's first hospital; a preliminary site plan was approved by planning and zoning in August 2025 pending council approval. Six retail centers were in the pipeline as of January 2026, including Westfork Crossing at 157,300 sq ft. The Prosper EDC states a current population of 49,355 and projects about 72,000 residents at build-out in 20 to 25 years.
Sources
Every figure, sourced.
- Redfin Prosper housing market, August 2026
- U.S. Census Bureau QuickFacts, July 2025
- Town of Prosper current tax rates FY25-26
- Collin County Tax Assessor 2025 rate summary
- Denton County FY2025-26 adopted rate
- NewHomeSource, Toll Brothers, Star Trail and Epcon pages, read 23 September 2026
- TEA via Texas Tribune Schools Explorer and Prosper ISD 2023 bond program
- NTTA
- Community Impact, August 2025 and January 2026
- Prosper EDC
Stay current
Send me the Prosper numbers as they change.
Text PROSPER to (469) 949-8827, or leave your details and I will follow up personally.
Text PROSPER to (469) 949-8827
Market figures are dated snapshots and move monthly. Builder incentives change frequently and may be limited to selected homes, lenders, loan programs or closing dates. Verify all terms in writing with the builder and lender before writing an offer. This guide is general information, not financial, tax or legal advice, and is not an offer of credit. Kenny Agbim, Texas real estate license 820897. eXp Realty LLC, license 603392. Equal Housing Opportunity.