Living in Prosper, Texas

Most of Prosper is in Prosper ISD, which serves more than 34,000 students and opened four campuses in fall 2025, including Richland High School, its fourth high school. Bridges Middle School was the only new campus planned for 2026-27, and Watkins Middle School is expected to open in 2027-28. Far west Prosper neighborhoods such as Glenbrooke and Doe Creek are in Denton ISD, and part of Windsong Ranch sits inside Denton ISD lines while its students attend Prosper ISD through an agreement (the boundary question went to the Texas Education Agency in Dec 2025), so confirm schools by address.

For tax year 2025, a Prosper home in Collin County and Prosper ISD paid about 1.95% combined (town 0.505, Prosper ISD 1.2141, Collin County 0.1493, Collin College 0.0812 per $100), while the Denton County side ran about 1.90%. On a $760,000 home at 1.95% that is about $14,800 a year, or roughly $1,235 a month before exemptions; Prosper ISD's $140,000 homestead exemption plus the town's 17.5% homestead exemption bring a typical owner-occupied bill closer to about $12,300 a year (about $1,020 a month). For 2026 the town held its rate at 0.505 and Prosper ISD lowered its rate to 1.2011.

NTTA's Phase 4A extends the tollway main lanes from US 380 north to FM 428 in Celina, with opening expected in late 2027. Bridge decks from US 380 to Light Farms Way are complete.^[10]

The $135.9 million Denton County segment, from Loop 288 to the Collin County line, opened its overpasses and was expected to wrap up in April 2026. The Collin County segment through east Prosper has no start date because funding is still being identified.^[11]

A 12-building retail, restaurant and office development at Frontier Parkway and Dallas Parkway, next to the future tollway lanes. The preliminary site plan was approved 6-0 on Aug. 18, 2026.^[12]

Blue Star Land's retail center on US 380 is planned for more than 2 million square feet when complete. Phase IV and a 40-acre Town Center are in planning.^[13]

A 70-acre park with tennis and pickleball courts, baseball and multipurpose fields, trails and a playground. Trails and the playground opened Feb. 24, 2026, and the athletic complex was expected in early summer 2026.^[14]

The FY 2026-27 budget plans $74.7 million in capital projects, including widening Teel Parkway and Coit Road, and a $269 million expansion of the Doe Branch Water Reclamation Plant is underway. First Street widening from the tollway to Coleman Street runs spring 2026 to fall 2027.^[4]

Prosper sits in two electric territories: Oncor delivery, where you pick a retail plan on Power to Choose, and the CoServ co-op. The Town lists both, so confirm which serves your address before you set up power.^[27]

The Town of Prosper bills water, wastewater, trash and recycling together and suggests setting them up before you move in. Start service online or at Utility Customer Service on the first floor of Town Hall (250 W. First St.), 972-569-1180.^[27]

Once you own and live in the home, file the free residence homestead exemption with the appraisal district for the county your address sits in: Collin Central Appraisal District or Denton Central Appraisal District. Neither charges a fee. Collin CAD accepts it online through its Taxpayer Portal, by mail or in person (not by email), with a copy of your Texas ID showing the home's address. Denton CAD takes applications online through its website.^[28]

Prosper ISD: enrollment for new students runs through the district's Enrollment and Registration page; confirm the zoned campus with the district before you buy, since new schools keep shifting boundaries. Parts of the city are zoned to Denton ISD, so check the address before you fall in love with a house.^[30]

Register your vehicle with the Collin County Tax Assessor-Collector (main office 2300 Bloomdale Rd., McKinney) or the Denton County Tax Assessor-Collector (main office 1505 E. McKinney St., Denton), depending on your county. Texas DMV gives new residents 30 days to register, and this is an emissions county, so pass a state inspection first. For your license, the McKinney DPS office is at 400 Power House St. (appointments required); DPS lets you drive on a valid out-of-state license for up to 90 days after moving.^[31]