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703 E 5th St
Prosper, TX 75078
Land For Sale · 0.25 AC

Investment Highlights

  • Quarter-acre lot located in Old Prosper with mature trees and a quiet neighborhood setting.
  • City water and sewer utilities available, reducing upfront infrastructure costs.
  • Situated within Prosper ISD, a highly regarded school district in North Texas.
  • Zoned for single-family residential use with level topography for straightforward development.
  • Convenient access to Preston Road, US-380, and major employment and retail hubs.

Executive Summary

This quarter-acre residential lot offers a rare opportunity to secure land in the heart of Old Prosper, one of North Texas’ most desirable and fast-growing communities. The property is situated on a quiet street with scattered mature trees, providing a serene setting while maintaining convenient access to the area’s amenities. Zoned for single-family use, the lot is level and ready for development, with city water and sewer utilities available.
Located within Prosper ISD and minutes from major thoroughfares, including Preston Road and US-380, this site ensures excellent connectivity to Frisco, McKinney, and the broader Dallas-Fort Worth metroplex. The surrounding area features a blend of established neighborhoods and new residential developments, reflecting strong demand and long-term growth potential. With limited infill opportunities remaining in this historic section of Prosper, this property represents a compelling option for custom homebuilders or individuals seeking to design and build their own residence in a thriving market.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Storefront, Retail or Residential
Total Lot Size 0.25 AC
Zoning SF - Single Family

1 Lot Available

Lot

Lot Size 0.25 AC

Property Taxes

Property Taxes

Parcel Number
R-6147-007-0110-1
Land Assessment
$194,293 CAD
Improvements Assessment
$0 CAD
Total Assessment
$194,293 CAD
  • Listing ID: 39711639

  • Date on Market: 2026-03-09

  • Last Updated:

  • Address: 703 E 5th St, Prosper, TX 75078

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