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Prosper Oaks Neighborhood and 55+ Homes

Under Review

Approx. 800-home master-planned community South side of Parvin Road, east of FM 1385.

📍Location:South side of Parvin Road, east of FM 1385, Prosper, TX

New Neighborhoods / SubdivisionsNew HomesSingle-Family Homes1 sourceLatest source: June 23, 2025Page updated: July 14, 2026New homes in Prosper

Housing snapshot

Housing type

New neighborhoods & subdivisions

Units / homes / lots

800 units

City records can show housing projects before homes, lots, or leases are publicly listed. Pricing and availability may not be public yet.

About this housing project

Project overview

Prosper Oaks is proposed with 275 single-family homes and 525 age-restricted homes for residents 55 and older.

Timeline and status

The city is reviewing the proposal or zoning needed before it can move forward.

Why it matters

This is a very large housing proposal that would add both conventional and age-restricted homes in Prosper.

What's still unknown

  • Final acreage confirmation
  • Builder or developer
  • Detailed phase schedule