Prosper, Texas is a happening town in the northern outskirts of Dallas. It’s attracting tons of people because it gives the best of both worlds: a small-town feel mixed with all the conveniences of the city. With all kinds of shopping, restaurants, businesses, and a strong buyers market, it’s a magnet for people wanting a great place to live. 

So if you’re planning on moving to Prosper but have a budget of around $300,000, it’s more than doable, especially if you have professionals like me and my team on your side. We did the work for you (and we’ll go deeper when you give us a call) and found some great homes in Prosper for $300k.

Why Should You Live in Prosper, Texas?

Planning to move to Prosper, Texas and wondering if it’s expensive to live there? We’ll break it down. The median income in Prosper is over $150,000. The average rent rate in Prosper is between $1400 and $1600 per month. That’s probably why 89% of people choose to buy rather than rent. 

Click here to read more about the stats and info of Prosper.

Prosper is a Dallas suburb with almost 26,000 residents and is located in Collin County, one of the best places to live in Texas. Living in Prosper offers residents a sparse suburban feel, and most residents own their homes. Many families live in Prosper, and the residents are fairly conservative. Prosper’s public schools are highly rated and the residents place a high priority on the education of their children.

Check out our full vlog tour of Prosper, Texas.

Or Check out our video giving an overview of living in Prosper.

Which types of houses are most affordable in Prosper, Texas?

The Lone Star State’s housing market remains incredibly affordable, with the 15th-highest median home value in the nation. While Texas is known for its oil and gas, there’s a good chance your home is wind-powered, as it has some of the largest wind farms in the United States.

Prosper real estate is also known for larger lots and more expensive homes than most communities in Collin County. Most of the homes here are newer or built in the last 20 years. New homes give lower energy consumption, reduced greenhouse gas emissions, have lower maintenance costs and improved indoor air quality.

Another big reason people love living in Prosper is because of its wonderful neighborhoods. And one thing that Prosper has is master-planned communities. These communities have social events, classes, parks, trails, swimming pools and even beaches. Windsong Ranch is one of the most popular master-planned communities.

Click here to watch our video about the best neighborhoods in Prosper.

What kinds of stores and amenities are in Prosper, Texas?

Living in Prosper gives residents easy access to major business developments along the North Dallas Turnpike and Highway 380. That means you’re never too far from the retail, restaurants, and cosmopolitan attractions of Dallas. These are just a couple of  the advantages of living in Prosper. However, there are so many other factors. Moving to a new city can be a big decision, so contact us today to help you weigh your options to help you make the right decision.

Ranked #8 out of 3,000 small towns in the U.S., Prosper tops many “Best Suburbs” lists. Prosper provides residents with active and passive recreational opportunities. It also provides convenience and a safe environment, and promotes the conservation of natural resources.

Prosper is located in west-central Collin County and east-central Denton County. It’s about 36 miles north of downtown Dallas and about 55 miles northeast of downtown Fort Worth. As the Dallas-Fort Worth metropolis continues to grow, its proximity to business and shopping centers is one of its many attractions. Prosper is only a short drive away to all of that. However, Prosper has all the shopping and restaurants one would need or want, so traveling into downtown Dallas isn’t necessary. 

For example, the Gates of Prosper is a popular mall with 49 stores. There is also a shopping center called the Shops at Prosper Trail that has a variety of different stores and restaurants. 

What’s happening with the market in Texas? 

You may be wondering, is now the time to buy? What’s happening with the market?

The housing market in Dallas, Texas is booming and has been for quite some time. The Dallas-Fort Worth housing market is one of the fastest growing markets in the country. It has been growing at a steady pace for the last few years and it’s not showing any signs of slowing down.

Prosper has been known for its booming housing market since the 1990s. In recent years, there has been an increase in the number of new construction homes and condominiums being built in Prosper.

So the best time to buy is now. And when it comes down to it, it’s about winning a home in this market and you need a professional team to help you do that. 

Check out our video we did all about the housing market in Dallas.

In Conclusion

With a budget of $300,000, Prosper, Texas could definitely be your answer. It’s an affordable place to live with a great community, a lot of shops and amenities, and the housing market is heading in the right direction. 

It’s also a place where having the right team on your side will help you lock in the home you want. We have helped hundreds of people do just that. So if you have questions about Prosper, Texas or any of the surrounding areas in Dallas, give us a call or text or schedule a free strategy call with us. We’d love to answer all your questions and help you find your new home.

The post What Can $300,000 Get You In Prosper, Texas? appeared first on Living in Dallas Texas Team.