Prosper Real Estate Buffet

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Considering it is still a relatively small town with a population of 7,116, Prosper has a lot going for it. It has a relaxing small town feel where people can come home and feel they’ve escaped from the hustle and bustle of their busy day. The public school system with a student-teacher ratio of 12:1 is one of the most sought after in the area. Plenty of shopping is located only minutes away, as are the highways leading to the Metroplex.

Originating as a small master planned community, Prosper has expanded and spread its wings, and now the secret of this hidden gem is leaking out – Prosper’s projected growth is estimated to reach almost 85,000 by the year 2035.

One day, real estate prices in Prosper will be out of reach, but for now, home prices hover from the $300s to over $2 million. The variety of real estate is staggering for such a small town, and there are choices for every price range and lifestyle. In fact, it’s rare to find so many choices of quality, affordable real estate in one spot. Where else can you live in a new home with luxury amenities, in an exclusive golf community for just over $300,000?

Here is a sampling of the various types of properties available in the Prosper real estate buffet..

Moderately Priced Homes & Starters

Under $200 – In this price range you can find single family homes built in the last 5 years in the mid to high $100s. Those under $150 usually average under 2,000 square feet in size. Most homes have small lots, and are situated in communities with small playgrounds nearby.

New construction in this price range is also available. If you look at older homes, you’re more likely to get a considerably bigger lot (.41 acres), with large mature trees.

Under $300 – How about a 5 year old home, over 4,000 square feet, with 4 bedrooms, 3 baths, master bath with jetted tub, shower, separate vanities, walk-in closet, 3 fireplaces, cooktop stove, separate oven, butlers pantry, and media room – whew! – for only $279,000. It’s unheard of. You could barely build the home for that price.

Eco-Friendly Homes

These homes come in all shapes and sizes and have been built according to environmentally friendly standards. Prices range from the high $200s to over $1 million, but they all have similar energy saving characteristics. Common eco-friendly features include: over 12 inches of attic insulation, 13-15 SEER Air Conditioner, ceiling fans, double pane windows, energy star appliances, high efficiency water heater, programmable thermostat, insulated doors, and low E windows.

Golf Course Homes

The golf community of Gentle Creek Estates has homes that start in the mid to high $300s going up into the millions for a custom estate sitting on over an acre, bordering the fairway. Patio homes are also available and popular with empty nesters. Residents share a community pool and amenity center.

The community borders the Gentle Creek Golf Course. This popular club has a large clubhouse, fitness center, pro shop and Lakeside Grille restaurant overlooking the 18th hole.

Equestrian Properties

The horse friendly properties in Prosper take advantage of the many wide open spaces in the area. Many of these homes are found in the 300 acre master planned community of Whispering Farms. This unique neighborhood is brimming with large wooded lots, acres of parks, miles of riding trails and a world-class equestrian center. Home prices in Whispering Farms range from the $300’s to over a million.

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