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$340,000

NAL Estimated Property Value

850 Athens Drive, Prosper, TX, 75078

Off MarketInfo
Baths0 Bath

About this property

Nestled within the prestigious gated community of Park Place, this exceptional 0.30-acre homesite at 850 Athens Drive presents a rare opportunity to build your custom dream residence in one of Prosper’s most sought-after neighborhoods. With spacious lot dimensions and a thoughtfully planned community design, this property offers the perfect canvas for a luxury home tailored to your vision. Park Place is designed for elevated living, with future resort-style amenities that will enhance everyday life. Residents will enjoy a luxurious pool, elegant clubhouse, pickleball courts, playgrounds, scenic parks, and miles of walking trails—all crafted to foster both relaxation and connection as the community continues to grow. Located in the heart of Prosper, this homesite benefits from a prime North Texas setting known for its top-rated schools, upscale development, and small-town charm. Prosper offers convenient access to major thoroughfares, making commuting to nearby business hubs like Frisco, Plano, and Dallas seamless. The area is also home to premier shopping, dining, and entertainment destinations, along with abundant green spaces and community events. Whether you envision a modern estate or a timeless traditional home, this premier lot in Park Place offers the space, setting, and lifestyle to bring your dream to life.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$875/month
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Prosper

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850 Athens Drive | Property Details | No Agent List