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$550,000

291 S Preston Road 420, Prosper, TX, 75078

On MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths1,200 Sq Ft
OfficeOffice
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringLaminate, Tile

Exterior

Lot Size5.55 acres

Building Information

Year Built2023
Stories1

Land Information

APNR-12927-004-4200-1
Lot Number420
SubdivisionPtcc Owners Association (Cpr)
Land UseCommercial
Legal DescriptionHAYS OFFICE PARK AT PROSPER TOWN CENTER (CPR), BLDG 4, UNIT 420, 2.0834 % CMN INT; * AMENDED * AMENDED
Census Tract030303
Assessed Land Value$50,286
Assessed Improvement Value$322,807
Assessment Year2025

About this property

Located at 291 South Preston Road, Suite 420 in the heart of Prosper, this well-appointed office condo offers a professional and efficient workspace ideal for a variety of users. The suite is fully finished out with a clean, modern interior, making it move-in ready for medical, professional, or general office use. The layout provides a functional mix of private offices, open work areas, and reception space, allowing flexibility for different business needs. Quality finishes and a well-maintained environment create a strong impression for both clients and employees.

Investor Tools

$280,135Estimated Mortgage Balance
$92,958Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Lisa Rogers

Ashton Wall Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$761/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,266
$373,093
2025
$50,286
$322,807
$373,093
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,266
$373,093

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Comerica Bank
Commercial
$292,000
No
First
Feb 20, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,135
$92,958
24%
75%
$1,751/mo

City: Prosper

291 S Preston Road 420 | Property Details | No Agent List