Prosper, Texas
Falls of Prosper
A two-phase Prosper neighborhood with 2022-built homes on lots up to about half an acre and a community lake with a fountain.
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Inside Falls of Prosper
Falls of Prosper is a two-phase neighborhood in the Collin County part of Prosper. Homes in 2026 listings were built in 2022 on lots of about 0.31 to 0.45 acres, around a community lake and pond with a fountain, and listings named Lilyana Elementary, Reynolds Middle and Prosper High School in Prosper ISD. It fits buyers who want a nearly new home on a larger lot, with 2026 listings from $850,000 to $1,150,000.
The lesson here is the lot. Two 2022 homes listed in 2026 on the same street differed by about 1,400 sq ft and $300,000, and the larger one sat on close to half an acre with a lake view and a circular drive. In a neighborhood this new, buyers are paying mostly for size, lot and view, so I compare price per square foot and lot size together, and I help sellers show the outdoor space as clearly as the interior.
Community lake and pond with fountain, Fishing, Sidewalks
Falls of Prosper is in Collin County, Prosper (ZIP 75078), with Lassen Drive among its streets, per 2026 listings.
A 2026 listing stated no MUD or PID tax, and for tax year 2025 a Prosper home in Collin County and Prosper ISD carried a combined rate of about 1.95% before exemptions. I confirm the taxing entities on the appraisal record for each address.
Where Falls of Prosper sits
Drive times, schools and shopping around it. Ask me for a tour of the area.
Meet Miguel.
Miguel Gomez is a Texas REALTOR® with Texava Brokerage. He works with first-time home buyers, new construction and families relocating to North Texas, and he gets back to you the same day.
About Falls of Prosper
How much are homes in Falls of Prosper?
What schools serve Falls of Prosper?
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Does Falls of Prosper have a MUD or PID?
Every home that sold in Falls of Prosper, last 90 days
Sale price, price per square foot and days on market for each sale, pulled from the MLS by Miguel. Useful if you are thinking about selling or want to know if a listing is priced right.
New listings in Falls of Prosper, straight from the MLS
Miguel sets up an MLS search with your price range, and new homes reach you the day they hit the market, with photos, price and history. Your number stays with Miguel.
Looking in Falls of Prosper?
I track new listings, resale history and builder incentives here. Tell me what you need and I'll send what fits.
- Town of Prosper: Roads and Subdivisions map index (Oct 2025)
- Listing: 2131 Lassen Drive, Falls of Prosper Ph 2 (2026)
- Century 21 Judge Fite listing: 2130 Lassen Drive, Falls of Prosper Ph 2 (June 2026)
- Republic Title: 2025 DFW Area Tax Rates and exemptions
- Community Impact: Prosper ISD sets middle school attendance zones for 2026-27
HOA dues, MUD and PID assessments and school zoning change by section. Miguel verifies them for every address.