509 E 3rd St, Prosper, TX 75078
FOR SALE

$199,000

Original price: $220,000
  • Studio

509 E 3rd St, Prosper, TX 75078

Est. Mortgage $1,364/mo*
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Home Highlights

Single-Family Home
Built in 1925

Local Information

  • Map ViewExplore the area around 509 E 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Prime corner locationCorner lot
Rare opportunity to own a corner lot in the heart of Prosper! Property features an existing vacant home built in 1925 situated on an approximately 50x140 lot (per survey). Value is in the land-ideal perhaps for new construction, custom home build, or investment opportunity. Prime corner location offers flexibility in design and access. No HOA. Surrounded by growth, new development, and established homes. Conveniently located near schools, shopping, and major roadways. Property being sold as-is.
Last check for updates: about 5 hours ago
Listing courtesy of Laila Khouri 0607504, (214) 995-4579
Keller Williams Frisco Stars, 214-995-4579
Source: NTREIS, MLS#21263354
Also Listed on NTREIS.

Home Details for 509 E 3rd St

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Living Room
Appliances & Utilities
Utilities: Electricity Available, Sewer Available, Water Available
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Fencing: Other
Parking & Garage
No CarportNo GarageParking: Other
Pool
Pool: None
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 83Days on Market: 138

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Detached
Building
Not Attached Property
Property Information
Parcel Number: R097300101201

Price & Status

Price
List Price: $199,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: ProsperCommunity: Bryants Second Add
School Information
Elementary School: Judy RuckerElementary School District: Prosper ISDJr High / Middle School: ReynoldsJr High / Middle School District: Prosper ISDHigh School: ProsperHigh School District: Prosper ISD

Agent Information

Listing Agent
Listing ID: 21263354

Community

Community Features: Curbs

HOA

No HOA

Lot Information

Lot Area: 7405.2 sqft

Miscellaneous

Mls Number: 21263354Living Area Range Units: Square FeetAttribution Contact: 214-995-4579

Additional Information

Curbs

Around this home

What Locals Say about Prosper

At least 151 Trulia users voted on each feature.

  • 95 % Say it's dog friendly

  • 94 % Say parking is easy

  • 90 % Say car is needed

  • 89 % Say yards are well-kept

  • 88 % Say there's holiday spirit

  • 87 % Say there are sidewalks

  • 83 % Say kids play outside

  • 82 % Say people would walk alone at night

  • 80 % Say it's quiet

  • 70 % Say streets are well-lit

  • 64 % Say there's wildlife

  • 61 % Say they plan to stay for at least 5 years

  • 58 % Say neighbors are friendly

  • 57 % Say there are community events

  • 27 % Say it's walkable to grocery stores

  • 19 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trinity Lawson
    "you see more dogs than literally anything else. If your dog isnt calm around other dogs, then this town is not for you 🫶🏻"
    0
    Flag
  • Courtney Thompson
    "There is no public transportation. The commutes to areas of Dallas can be long and frustrating because the drivers here are the worst. "
    0
    Flag
  • Lauren Kliche
    "Very social community! Lots of families with young kids. Feels safe and friendly and a great place to raise a family "
    0
    Flag
  • megan.chappo
    "We have wonderful parks and trails and our neighborhood has festivals each season to celebrate the holidays."
    0
    Flag
  • Karen Moctezuma
    "Good town and schools , a little on the rural side but there’s a lot of construction going on and a lot of projects …"
    0
    Flag
  • Paige Love
    "The people are from all over the country and world. They are here with shared life goals. The schools are amazing "
    0
    Flag
  • Lea Ann
    "I like the community events and the food trucks every week I don’t think it’s all that unique though "
    1
    Flag
  • Michelle Mahone McKeehan
    "All of my neighbors pretty much have animals, whether it’s a dog, donkey, horse, deer or even a pig. Some of the neighbors even have chickens. My neighbors often walk their dogs and have no problems with my animals. "
    0
    Flag
  • Kristie W. G.
    "Everyone has fenced yards and keep their dogs confined. Everyone on our street has a dog and watches out for each of them. "
    0
    Flag
  • Sherri S.
    "I’ve lived here for a year and a a half and enjoy this area. The houses are a little close together, but the neighbors are friendly."
    2
    Flag
  • Cglasley
    "Great neighborhood for families. Safe, clean, new, a real sense of community. Neighbors are friendly. Yards are well kept.0"
    2
    Flag
  • Joshalyn.moore29
    "The place is great, I love it here you should bring your family if your family oriented. So many great people "
    4
    Flag
  • Scubanhooba
    "Our community often has play sessions for kids, organizes obedience classes for dogs, and any given night, neighbors will be our having a block party. "
    4
    Flag
  • Sireesh.nvs
    "I don’t have pets couldn’t answer this, those who have can take them for a walk . Very convenient with long trails and care for them all the way"
    1
    Flag
  • Jeff A. A. B.
    "Prosper has a small town feel, creeks and trails in our neighborhood, and a new Prosper ISD football stadium. "
    0
    Flag
  • Prospergilsons
    "Great school district for academic and athletic growth. The town is safe and is to the most extent mostly families. "
    2
    Flag
  • Awcolbert
    "Been here for almost two years and moving here was one of the worst decisions we made. Infrastructure is horrible. Soulless atmosphere all around."
    16
    Flag
  • Sireesh.nvs
    "Good walk in the community and real relaxing evening run, break area ..............................."
    0
    Flag
  • Shelley P.
    "Great town to live for families And great schools! Great neighbors & plenty to do. Main struggles is growing traffic congestion and poor internet provider options. Otherwise, we love it here. "
    0
    Flag
  • Markco T.
    "there are many families in our neighborhood in the area has great parks and community events! it isn't a great area that is growing fast!"
    2
    Flag
  • Reeses4me68
    "My commute is super easy. I just leave the community, take two main streets to get where I am going. The traffic is impacted during school hours but it is fine outside of that time frame. "
    4
    Flag
  • Trulia User
    "not sure of it. I don’t won any dog. Those who has must be enjoying taking the Dogs for a walk , it is pretty wonderful track around"
    1
    Flag
  • Kathleen C.
    "Great community . Lots of kids activities. It is growing and neighborhoods are great. School is great. The school has own police department."
    2
    Flag
  • Rickieed
    "Great neighborhood, multiple pools, gyms, biking trails, soccer fields, dog parks, playgrounds. Very safe and friendly "
    4
    Flag
  • Soraya L.
    "Very friendly community. People smile and say hello as they drive around the neighborhood. We have monthly ladies events, men’s poker night, mens softball team... so much to do. We have brand new shopping at Gates of Prosper. Everything is right at your fingertips."
    2
    Flag
  • Topel B.
    "This place is a typical, small town suburb. There is no public commute so you have to have your own transport. Regaedless of its small town stature, Prosper is a great place to call home and to escape from the hustle and bustle of downtown."
    0
    Flag
  • Dnwarren2
    "Young families and empty nesters is what this neighborhood is made of, and it’s a wonderful place to live. "
    0
    Flag
  • Monetsha
    "You see people walking there dogs all the time. This is a dog friendly area. Great neighborhood to live in. "
    0
    Flag
  • Gab c.
    "Schools are good and people are friendly. We love living here. Lots of children so kids have friends to play with."
    1
    Flag
  • Maebelle450
    "I moved from central Texas and was surprised at how friendly everyone was. It’s very nice and everyone takes care of their home "
    1
    Flag

Market trends in Prosper

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$865K
$11.25KMoM
Sale-to-List Price
97.6%
0.4%MoM
Price per sq ft
$233
$5MoM
Available listings
434
28MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
305 E 3rd St, Prosper, TX
0.18
Single-Family Home
-
04/01/26
3
2
1,676
206 S Field St, Prosper, TX
0.06
Single-Family Home
-
02/19/26
4
2
2,433
191 Twilight Dr, Prosper, TX
0.41
Single-Family Home
-
07/30/26
4
4.5
4,034
151 Twilight Dr, Prosper, TX
0.41
Single-Family Home
-
08/07/26
5
5.5
4,239
610 Apogee Dr, Prosper, TX
0.36
Single-Family Home
-
01/30/26
5
6
5,399
306 Stone Hollow Ct, Prosper, TX
0.28
Single-Family Home
-
06/01/26
3
2.5
2,908
402 Brook View Ct, Prosper, TX
0.35
Single-Family Home
-
12/31/25
5
3
2,940
403 E 8th St, Prosper, TX
0.38
Single-Family Home
-
06/10/26
3
2
1,571
400 Brook View Ct, Prosper, TX
0.33
Single-Family Home
-
03/17/26
3
3
3,033
660 N Callisto Dr, Prosper, TX
0.50
Single-Family Home
-
12/23/25
5
6.5
4,488

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
508 E 3rd St, Prosper, TX 75078
0.04
$783,600
5
4
3,080
Off Market
206 S Field St, Prosper, TX 75078
0.06
-
4
2
2,433
Recently Sold
602 E Broadway St, Prosper, TX 75078
0.04
$405,000
2
2
1,362
For Sale
508 E Broadway St, Prosper, TX 75078
0.03
$269,900
-
-
-
Off Market
502 E Broadway St, Prosper, TX 75078
0.05
$352,800
3
2
1,409
Off Market
509 E 1st St, Prosper, TX 75078
0.11
$367,000
3
2
1,336
For Sale
104 N Parvin St, Prosper, TX 75078
0.09
$413,500
4
2
2,046
Off Market
506 E 5th St, Prosper, TX 75078
0.11
$436,000
2
2
1,597
Off Market
315 E 3rd St, Prosper, TX 75078
0.14
$492,100
3
2
1,866
Off Market
204 S Church St, Prosper, TX 75078
0.16
$350,000
2
1
1,274
For Sale
310 E Broadway St, Prosper, TX 75078
0.15
$425,800
3
1
1,542
Off Market

Price and Tax history

DateEventPrice
Jul 29, 2026
Source: NTREIS #21263354
PriceChange
$199,000
Price decreased by 10%
Jun 1, 2026
Source: NTREIS #21263354
PriceChange
$220,000
Price decreased by 12%
May 1, 2026
Source: NTREIS #21256468
Listed For Sale
$249,000
Oct 16, 2025
Source: NTREIS #20903975
ListingRemoved
$300,000
Apr 16, 2025
Source: NTREIS #20903975
Listed For Sale
$300,000

LGBTQ Local Legal Protections

Laila Khouri, Keller Williams Frisco Stars, 214-995-4579
Agent Phone: (214) 995-4579
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 509 E 3rd St

  • What is the estimated monthly payment for 509 E 3rd St?
    Based on a $199,000 list price with 20% down at today's rates, the estimated monthly payment for 509 E 3rd St in Prosper, TX is approximately $1,386 (about $1,077 principal & interest, $234 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 509 E 3rd St compare to homes in Prosper?
    509 E 3rd St in Prosper, TX is listed at $199,000, about 77% below the $865K median sale price in Prosper.
  • What do residents say about Prosper?
    Residents describe Prosper, TX as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Prosper, TX.
  • What are the closest schools to 509 E 3rd St?
    The closest schools to 509 E 3rd St in Prosper, TX are Judy Rucker Elementary School (rated 7/10), Prosper High School (rated 7/10), Reynolds Middle School (rated 9/10).
  • How big is the lot at 509 E 3rd St?
    The lot at 509 E 3rd St in Prosper, TX is about 0.17 acres (7,405 sq ft).
  • Does 509 E 3rd St have parking?
    Yes, 509 E 3rd St in Prosper, TX has on-site parking.
509 E 3rd St, Prosper, TX 75078 is a studio single-family home built in 1925. This property is currently available for sale and was listed by NTREIS on May 7, 2026. The MLS # for this home is MLS# 21263354.