Prosper Homes under $400,000

Welcome to Prosper, Texas – a charming gem nestled in the heart of Collin County, where small-town charm meets modern convenience. Just a short drive from the bustling metropolis of Dallas, Prosper offers a serene lifestyle enriched by its picturesque landscapes and vibrant community spirit. As one of the fastest-growing towns in North Texas, Prosper is known for its top-rated schools, lush parks, and a plethora of family-friendly activities, making it an ideal location for families and individuals alike.

For those seeking to plant roots in this idyllic town without breaking the bank, Prosper has an array of homes available for under $400,000. These properties offer a perfect blend of affordability and quality, featuring spacious layouts, modern amenities, and beautifully landscaped yards. Whether you’re a first-time homebuyer or looking to downsize, you’ll find an impressive selection of single-family homes, townhouses, and condos that cater to various lifestyles and preferences.

Living in Prosper means enjoying a tight-knit community with a plethora of events, from seasonal festivals to farmers' markets, fostering connections among neighbors. Additionally, residents benefit from easy access to major highways, making commuting to nearby cities a breeze.

Don’t miss the opportunity to discover your dream home in Prosper, where the warmth of community meets the comfort of home. Explore our listings today and take the first step towards embracing a vibrant lifestyle in this enchanting Texas town!

Newest Prosper Homes under $400,000

$309,999

3 Beds ⋅ 2 Baths ⋅ 21385332 MLS

***NEW ROOF WITH 3-YEAR TRANSFERRABLE WARRANTY; BRAND NEW CARPET*** Beautiful open-concept home in prime Prosper location, conveniently close to shopping, dining, and entertainment. The spacious living room flows seamlessly into the kitchen and dining area, creating an ideal layout for entertaining. This thoughtfully designed split-bedroom floor plan features three generously sized bedrooms, each equipped with ceiling fans. The private primary suite is situated at the rear of the home and overlooks the backyard. The ensuite bathroom includes a garden tub, separate shower, dual sinks, and a large walk-in closet. The kitchen offers quartz countertops, updated appliances, fresh paint, and a large pantry. An abundance of windows throughout the home fills the space with natural light. The interior was painted three years ago in a neutral palette, providing a versatile backdrop for any décor style. Step outside to a spacious and private backyard with plenty of room for outdoor toys, a storage shed, or even a future pool. The oversized patio provides ample space for outdoor furniture and a grill, making it perfect for entertaining. Ideally located at a great n price point---schedule your showing today! *Refrigerator, washer and dryer are available for purchase*.

5530 Exeter Dr, Prosper

$396,000

4 Beds ⋅ 2 Baths ⋅ 21382389 MLS

Nestled in the heart of Prosper, this beautifully maintained single-story home showcases a striking brick and stone front elevation, offering curb appeal. Step inside to discover a bright, open-concept interior highlighted by a neutral color palette and generous natural light throughout. The thoughtful floor plan maximizes space and comfort, featuring hand-scraped engineered wood floors and high ceilings through the main living areas, plus versatile bedrooms with ceiling fans. Outside, the expansive backyard serves as a private oasis, fully enclosed by a wooden privacy fence and featuring a covered patio with a ceiling fan, perfect for outdoor relaxation and entertaining. This turn-key residence offers a prime location with convenient access to premier shopping, local dining, and highly acclaimed Prosper ISD schools. Buyer and buyer's agent to verify all information, including but not limited to measurements, schools, taxes, restrictions, and property condition.

1341 Palestine Dr, Prosper

$325,000

3 Beds ⋅ 2 Baths ⋅ 21369593 MLS

Welcome to 5551 Exeter Drive, a charming single-story home in Glenbrooke Estates! Offering 3 bedrooms, 2 bathrooms, and 1,554 square feet, this home features a comfortable and functional layout designed for everyday living. The kitchen opens to the main living area, creating an inviting space for gathering and entertaining. Generously sized bedrooms provide plenty of flexibility, while the private fenced backyard offers room to relax, play, or enjoy outdoor gatherings. Additional highlights include a new roof and a 2-car garage providing additional parking and storage. Conveniently located in Prosper with easy access to shopping, dining, schools, and major roadways. Come see all this home has to offer!

5551 Exeter Dr, Prosper

$385,000

4 Beds ⋅ 2 Baths ⋅ 21375055 MLS

LENDER OFFERING UP TO 2% LENDER CONCESSIONS! Welcome to this beautifully maintained 4-bedroom, 2-bath home in the desirable Glenbrooke community of Prosper, ideally situated on a canal with a huge, fenced backyard. Located next to the community pool, this home offers an exceptional blend of comfort, privacy, and convenience. The thoughtfully designed split-bedroom floor plan provides added privacy for family members, guests, or a home office. The formal living room features an adjoining dining area, while the spacious family room offers a cozy fireplace and additional breakfast or dining space. The kitchen is equipped with stainless steel appliances and opens to the main living areas, creating an inviting setting for everyday living and entertaining. The private primary suite serves as a relaxing retreat with dual sinks, a garden tub, separate shower, and spacious walk-in closet. Recent improvements include a new roof in 2024, new AC coil in 2026, condenser installed in 2019, new bedroom flooring in 2026, and new bathroom fixtures and units in 2026. Enjoy the expansive canal-facing backyard with view of the water fountain, perfect for relaxing, entertaining, or enjoying peaceful outdoor views. A two-car garage adds convenience and storage. Residents enjoy neighborhood amenities including a community pool and scenic walking trails. Conveniently located near PGA Frisco, Highway 380, The Star, and an abundance of shopping, dining, and entertainment, this home offers the ideal Prosper lifestyle in a fantastic location.

1010 Canterbury Dr, Prosper

$392,000

4 Beds ⋅ 3 Baths ⋅ 21359251 MLS

Welcome to 5460 Mustang Lane in Prosper, Texas! This beautifully designed home offers 4 bedrooms, 2.5 bathrooms, a 2-car garage, and 2,123 SF of comfortable living space. Step inside to a bright, open concept floor plan designed for both everyday living and entertaining. At the heart of the home, the beautifully open kitchen features quartz countertops, a large center island, stainless steel appliances, and a gas cooktop. The kitchen flows seamlessly into the main living areas, creating an open and welcoming atmosphere perfect for gatherings with family and friends. The primary suite offers a relaxing retreat, while three additional bedrooms provide flexibility for family, guests, or a home office. Step outside to the spacious backyard and enjoy your own outdoor retreat. The extended covered patio and plenty of backyard space creates the perfect setting for relaxing, outdoor dining, weekend gatherings, or entertaining family and friends. Located in the highly desirable city of Prosper! This home provides convenient access to shopping, dining, both DFW and DAL airports, major highways, and the Dallas tollway.

5460 Mustang Ln, Prosper

$300,000

5 Beds ⋅ 1 Baths ⋅ 21361152 MLS

Great opportunity to own an existing home on a large lot in the heart of downtown Prosper. This charming two-story home features 5 bedrooms and 1 bathroom and offers plenty of potential for renovation or redevelopment. Remodel the existing home or explore the possibility of building your dream home on this spacious lot. Ideally located near top-rated schools, shopping, dining, and major roads, this property offers both convenience and flexibility. The property is being sold as-is and features no HOA, no MUD and no PID, providing additional freedom and opportunity. Whether you're looking to renovate, build, or invest, this property offers endless possibilities in a highly desirable Prosper location. Walking distance to the best coffee shop in town!

303 E 5th St, Prosper

$384,900

3 Beds ⋅ 2 Baths ⋅ 21348605 MLS

Welcome to this charming 3-bedroom, 2-bath home ideally located in the heart of Prosper! Just minutes from Historic Downtown Prosper, you'll enjoy convenient access to local boutiques, restaurants, community events, and the small-town charm that has made Prosper one of North Texas' most desirable places to call home. Adding to the appeal of this location, the Town of Prosper's Downtown Master Plan is helping shape an exciting vision for the future of the historic downtown area, with an emphasis on creating a vibrant, walkable destination while preserving the character and sense of community that make Downtown Prosper so special. Imagine living just minutes from an area envisioned to continue evolving as a gathering place for dining, shopping, entertainment, community events, and everyday connection. With quick access to Preston Road, commuting and reaching shopping, dining, and entertainment throughout Prosper and North Texas is effortless. The home's functional floor plan offers comfortable living spaces ideal for first-time buyers, families, investors, or anyone looking to enjoy the Prosper lifestyle. Spend your evenings at nearby Parvin Park, where green space, walking trail, a playground, and outdoor recreation are just down the road. Whether you're searching for your primary residence or an investment opportunity, this home offers a compelling combination of location, convenience, community, and proximity to the exciting future vision for Downtown Prosper. Location matters—and this one puts you close to both the charm Prosper is known for today and the vision for its tomorrow. Call your favorite REALTOR® today to schedule a private showing!

108 E 5th St, Prosper

$350,000

2 Beds ⋅ 1 Baths ⋅ 21357419 MLS

Cute frame house with 2 bedrooms and 1 bath. Extra large WIC could be used as 3rd bedroom or office. Updated bath, fresh interior and exterior paint, new carpet and blinds, new kitchen countertop. Property is eligible for PD zoning allowing light business use. Deep, oversized 75' x 150' lot with partially fenced back yard. Property has desirable location on one of the main north-south streets in Old Prosper.

204 S Church St, Prosper

$389,900

2 Beds ⋅ 2 Baths ⋅ 21337109 MLS

Rare oversized lot in award-winning Windsong Ranch! Best part - seller paid HOA transfer fees with REASONABLE offer! Experience the perfect blend of comfort, style, and low-maintenance living in this beautifully maintained 2-bedroom, 2-bath villa. This home stands out with its rare oversized .108-acre lot, offering added privacy and a peaceful outdoor setting. Set back from the street, the inviting covered front porch overlooks the expansive front yard, creating the perfect place to enjoy your morning coffee, visit with neighbors, or unwind in the evenings. Inside, the bright, open-concept floor plan seamlessly connects the kitchen, dining, and living areas, making entertaining effortless while providing comfortable everyday living. The kitchen features granite countertops, abundant cabinetry, and a large island. A cozy gas fireplace adds warmth and charm, creating an inviting gathering space year-round. The private primary suite offers a spa-like retreat with an oversized walk-in shower featuring a built-in bench and a spacious walk-in closet. The split-bedroom layout provides added privacy, while the secondary bedroom is ideal for guests, a home office, or hobbies. Thoughtful upgrades add even more value, including custom built-in cabinetry in both bathrooms and the laundry closet, providing exceptional storage and organization. Beyond the home, you'll enjoy the incredible lifestyle that has made Windsong Ranch one of Prosper's most sought-after communities. Residents enjoy a spectacular 5-acre crystal-clear lagoon, resort-style pools, a state-of-the-art fitness center, miles of hike and bike trails, a community garden, tennis and pickleball courts, year-round community events, and countless opportunities to connect with neighbors. All this is located within the highly acclaimed Prosper ISD and just minutes from shopping, dining, and major commuter routes. Welcome home to easy, low-maintenance living in the award-winning Windsong Ranch community!

3931 Marigold Ln, Prosper

$399,900

3 Beds ⋅ 2 Baths ⋅ 21319505 MLS

Welcome to 208 E 7th Street, a beautifully reimagined 3-bedroom, 2-bathroom custom home located in the heart of historic Downtown Prosper. Situated on a generous third-acre lot with no HOA and an attached two-car garage, this property offers style, flexibility, and prime location. This home was taken down to the studs and fully renovated—offering the character of an established neighborhood with the comforts of modern living. Inside, you'll find an open-concept layout, abundant natural light, all-new flooring, a modern kitchen with quartz countertops, stainless appliances, and sleek cabinetry. Both bathrooms have been thoughtfully updated with custom tile and contemporary finishes. The oversized backyard offers plenty of space for a pool, home office addition, guest suite, or workshop. And with no HOA, your options are wide open. The location is one of the most desirable in Prosper. Just a short walk to local coffee shops, boutique stores, restaurants, and seasonal community events, this home sits in the true heart of the town. Enjoy the charm of a walkable neighborhood while being minutes from major highways and amenities. Downtown Prosper is quickly becoming a focal point for smart investment. With its historic charm, new development, and long-term city plans to enhance the area, homes in this pocket are increasingly rare and in high demand Perfect for: First-time buyers seeking move-in ready space on a large lot, Investors looking for long-term value in a growth market, Parents or retirees wanting to live near their kids and grandkids in Prosper Additional highlights include: Attached two-car garage Covered front porch Walkable to downtown shops, dining, and events Located in award-winning Prosper ISD If you're looking for charm, space, and location in one of North Texas’s most sought-after communities—208 E 7th Street is your chance.

208 E 7th St, Prosper

$394,900

4 Beds ⋅ 3 Baths ⋅ 21314044 MLS

Motivated Seller! Welcome to this fabulous 4-bedroom home in the desirable Glenbrooke Estates community of Prosper, TX! Thoughtfully designed with an open-concept floor plan, this home offers the perfect blend of comfort, functionality, and style. The first floor features a spacious primary suite along with a secondary bedroom, providing flexible living options for guests, a home office, or multigenerational living. Upon entry, you'll be greeted by soaring two-story ceilings and a versatile formal living or dining room that creates a grand first impression. The heart of the home is the expansive kitchen, complete with a large center island, breakfast bar, and abundant cabinetry, all overlooking the inviting family room with a cozy fireplace—ideal for entertaining or everyday living. Upstairs, enjoy endless entertainment with a spacious game room and dedicated media room that could also be a 5th bedroom, and 2 good sized additional bedrooms. The backyard features a covered patio with decorative concrete and TV hookup. Conveniently located near shopping, dining, and highly rated schools, this exceptional home offers everything you need in a prime location.

5611 Coventry Dr, Prosper

$399,900

3 Beds ⋅ 2 Baths ⋅ 21302899 MLS

Open House Saturday, October 3rd, 12PM-2PM. Rare opportunity just one block from Downtown Prosper! This fully renovated single-story home sits on a hard-to-find double lot totaling approximately .28 acres in Bryant's First Addition. Featuring 3 bedrooms, 2 updated bathrooms, luxury vinyl plank flooring throughout, and a bright, functional layout, this home is move-in ready. The oversized backyard provides plenty of room for a future pool, outdoor living space, garden, or additional improvements. A powered 20' x 12' workshop with 110V service offers excellent space for storage, hobbies, or projects, plus dedicated RV parking adds even more flexibility. Originally built in 1965, the home has been thoughtfully updated while maintaining the character of this established Prosper neighborhood. Enjoy walkable access to Downtown Prosper, local dining, community events, and nearby amenities. BACK ON MARKET: Previous buyer attempted to obtain a commercial variance from the City. Property is being offered for residential use.

106 E 3rd St, Prosper

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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