Homes for sale - 607 E 1st Street, Prosper, TX 75078

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Raja Tayeb

raja.teamfit@gmail.com +1(917) 605-7718

$ 850,000

Est. payment | -/mo

0.77 Acres Lot

Save Virtual Tour

$ 850,000

Est. payment | -/mo

Save Virtual Tour

0.77 Acres Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20989836

Total Fin. Sqft 2260

Year Built 1895

Lot Size 0.770 Acres

Acres 0.77

Property Sub-Type Office

Property Description

Prime Commercial Opportunity in the Heart of Prosper's Growth Corridor. Strategically located near the dynamic and rapidly expanding downtown Prosper district, this one-of-a-kind property offers exceptional potential for commercial, medical use, or residential investment. Situated on a highly visible thoroughfare with excellent road frontage, this iconic 1895 Victorian home is not only one of the oldest structures in Prosper, it's a future-forward opportunity hiding in plain sight. Sitting on a combined .75 acres across two contiguous lots, this property provides valuable flexibility for expansion or redevelopment. The front lot (.34 acres) includes the meticulously preserved 3-bedroom, 2-bath home, rich in historic character with original hardwoods and vintage details. The rear lot (.41 acres) is a blank slate with ample space for additional structures, parking, or outdoor business use, and is ideal for those looking to scale operations or create a destination experience. The home's layout can easily accommodate a conference room, 2 or 3 private offices, a kitchen, workroom, and many other configurations to best serve your business venture. With increasing nearby commercial conversions, this location is perfectly positioned to support a wide range of ventures: professional offices, wellness studios, boutique retail, medical or dental offices, or even a charming bed and breakfast. A detached workshop on-site offers income-producing potential as a rental unit, creative studio, or storage solution for a home-based business. As Prosper continues to evolve, properties like this one that blend heritage, location, and income growth opportunity are becoming increasingly rare. Whether you're an investor, business owner, or visionary entrepreneur, this is a rare chance to secure a landmark property with commercial upside in one of North Texas' most exciting growth markets. The Seller has received verbal approval from the Town of Prosper for a Planned Development Zoning.

Location

State TX

County Collin

Zoning Residential with verbal approval from City for Commerical - light office, BNB, medical

Direction Head north on the Dallas North Tollway, take the exit toward Prosper Trail-Preston Road. Merge onto Dallas Parkway, turn right onto Prosper Trail, continue straight onto E First Street, 607 E 1st street will be on the right

Interior

Heating Central, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric, Roof Turbine(s)

Flooring Luxury Vinyl Plank, Wood

Heat Source Central, Natural Gas

Exterior

Utilities Available All Weather Road, Cable Available, City Sewer, City Water, Concrete, Electricity Available, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Underground Utilities

Roof Type Composition

Garage No

Building

Lot Description Acreage, Corner Lot, Few Trees, Landscaped, Lrg. Backyard Grass

Foundation Bois DArc Post, Combination, Pillar/Post/Pier

Structure Type Steel Siding

Others

Ownership Josh & Carrie Gappinger

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20989836

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Lisa Birdsong • Real Broker, LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 605-7718

raja.teamfit@gmail.com

1 Old Country Rd, Carle Place, New York, 11514, USA

607 E 1st Street Prosper, TX 75078