Prosper, Texas
Park Place, Prosper
A gated Shaddock Development community at Prosper Trail and Teel Parkway with 80-foot homesites and Grand and Shaddock Homes.
Call or text 469-285-9301 · same-day response
Inside Park Place
Park Place is a gated community in Prosper developed by Shaddock Development at the southeast corner of Prosper Trail and Teel Parkway, with 80-foot homesites. Shaddock announced the completion of Phase 2 in July 2025, with Shaddock Homes and Grand Homes building, a playground with a gazebo, a pickleball court, open park space and a planned amenity center with a pool and pond. The town's future 51-acre Windsong Community Park is across the street, which suits buyers who want a newer gated setting in Prosper ISD.
The lesson here is that new-build list prices move. Two completed Grand Homes houses in Park Place were listed in April 2026 at about $1.31 million and $1.37 million and had been reduced to about $1.18 million and $1.20 million by October 2026. If you are buying, a finished spec home that has sat for months is often where the real negotiation is; if you are selling a resale here, your price has to make sense next to what the builders are accepting.
The builder's rep works for the builder. I work for you.
As your agent I owe you fiduciary duties under Texas law: I have to put your interests above everyone else's, including my own, and tell you anything material I learn about the deal. In that sales office, I'm the only real advocate you have.
I walk the slab, the framing before drywall and the final with you and your inspector, and I know what to push back on.
A builder's rep sells one community. I put your budget side by side across builders, with the PID or MUD, the school district and the incentive each one is offering that month.
Builders offer price cuts, closing costs or a rate buydown. I run the numbers on each option so you take the one that does the most for your monthly payment.
Builders write their own contracts, not the standard state forms. I go through every page with you, and stay on it until you have the keys.
On new construction the builder usually pays my fee, and I confirm it in writing before you sign. Bring me, or register me, on your first visit, because many builders won't add an agent later.
Gated entry, Playground with gazebo, Pickleball court, Open park space and creek border, Planned amenity center with pool and pond, Bulk front yard landscape maintenance
Park Place is at the southeast corner of Prosper Trail and Teel Parkway in the Denton County part of Prosper, across from the future 51-acre Windsong Community Park.
Park Place homes carry Denton County addresses, and for tax year 2025 the Denton County side of Prosper ran about 1.90% combined before exemptions. Listings did not mention a PID or MUD, and I confirm the taxing entities on the appraisal record for each lot.
Where Park Place 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 Park Place
Is Park Place in Prosper gated?
How much are homes in Park Place?
What does the Park Place HOA include?
How much is my Park Place home worth?
Every home that sold in Park Place, 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 Park Place, 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 Park Place?
I track new listings, resale history and builder incentives here. Tell me what you need and I'll send what fits.
- PR.com: Shaddock Development announces completion of Park Place Phase 2 (July 2025)
- RE/MAX listing: 830 Hackberry Drive, Park Place (Apr to Oct 2026)
- RE/MAX listing: 821 Oleander Lane, Park Place (Apr to Oct 2026)
- HomeFinder: New home communities in Prosper, TX
- Town of Prosper: Roads and Subdivisions map index (Oct 2025)
- Republic Title: 2025 DFW Area Tax Rates and exemptions
HOA dues, MUD and PID assessments and school zoning change by section. Miguel verifies them for every address.