City Snapshot
Prosper
Population
43K
Median Home Price
$820K
3-mo avg: $818K
School Rating
9 / 10
Property Tax Rate
2.18%
Median HH Income
$188K
Commute to DTX
42 min
Median Age
37 years
% Families w/ Kids
52%
% Owner-Occupied
90%
Demographics
Source: U.S. Census Bureau
Vibe
New-build luxury, top schools, family-first
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The Bottom Line
Prosper is the luxury frontier of North Dallas — and it knows it. The town has codified exclusivity into its zoning code, rejecting density to maintain estate-lot character. When developers proposed 55-foot lots for "Prosper Oaks," the Planning & Zoning Commission unanimously denied it. The message: entry-level housing is not welcome here.
This creates a "zoning moat" that protects property values but prices out most buyers. The median home is $725K+. The trade-off is Prosper ISD (one of the top districts in Texas), master-planned communities with resort-style amenities, and a trajectory toward becoming the next Southlake.
The DNT extension (Fall 2027) is the unlock. Once those mainlanes open, Prosper goes from "far" to "15 minutes from Legacy West." That's when the value thesis fully crystallizes.
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Prosper Deep Dive
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