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Prosper, Texas: Prosper DOES have entry-level price point housing!

By
Real Estate Agent with RE/MAX Dallas Suburbs: Prosper, Texas

There's been a lot written about our little hamlet of Prosper, TX.  Much of it has focused on our average home price being somewhere in the mid-$300k's.  That leaves buyers with the impression that we don't have an affordable entry-point, and some buyers who might want to live in our area shy away without a look.  It's a shame, because, although limited, the homes in our entry-level price points start as low as $129,900, which is a typical Dallas/Fort Worth suburban home price. 

There are currently 13 homes under $188,000 in the North Texas MLS, but they range in style and size quite dramatically.  This creates an environment where there is something for everybody:

1970's and 1980's resale homes - with only about 1500sf of living space in these 3-bedroom homes, but with suprisingly large .40 acre lots. 

1990's resale homes - we've only got one right now, but it's going to be a quick sale.  It's an 1800sf home on 1.5 acres, and it's listed at $185,000.  Seriously?  An acre and a half of land in the middle of Prosper, Texas for $185,000!!  That's a steal! 

2000-2008 resale homes - in the master-planned community of Artesia.  This was a Centex development until it was sold off last year.  Unfortunately, it was such an attractive community that it was demanded in the multi-state, multi-community sale.  New development has not begun this year in Artesia, so that brings all buyers in this price point of home to the resale offerings. 

2009 new construction - Yep - new construction in Prosper, TX below $200,000!  Glenbrooke Estates is a new community on the Prosper/Aubrey border between Hwy 380 and First Street.  Prices begin in the $140,000's. 

So, no more comments like 'I'd love to live in Prosper, but I just cannot afford it".  Don't assume.  Just ask.

Have a blessed day!

Ronda 

Posted by

Ronda Allen - Realtor

Certified Purchasing Manager - C.P.M.

Short Sale and Foreclosure Resource - SFR

Texas Affordable Housing Specialist - TAHS

CEO of comingsoonhomes.com since 1995

RE/MAX Dallas Suburbs

#1 Office for RE/MAX in the North Texas region 2009!

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