1281 E University Dr, Prosper, TX 75078 Property Records

Collin County property record for 1281 E University Dr, Prosper, TX 75078

Property Summary

Property Type	Commercial
Details	12,525 sqft · built 2019
Lot Size	2.23 acres (97,139 sqft)
Owner	2 Company Names on File
Last Sale	$4,921,000 (Oct 2023)
Tax Bill	$130,839 (2025)
Deeds & Mortgages	Oct 2023 Mortgage Mar 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`R-10747-00A-0030-1`

Property Details

APN / Parcel Number

Primary APN	`R-10747-00A-0030-1`
Alternative APNs	`000002760127` `2760127`

Interior

Stories	1 Story
Building Area	12,525 sqft Gross Area
1st Floor Area	12,525 sqft

Exterior

Year Built	Built 2019
Effective Year Built	Effective 2019
Lot Area	97,139 sqft (2.23 acres)

Location & Zoning

Street Address	1281 E UNIVERSITY DR
City	PROSPER
State	TX
Zip	75078-7282
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LA CIMA CROSSING ADDITION, BLK A, LOT 3
Legal Subdivision	LA CIMA CROSSING ADDITION (CPR)
Legal Block	A
Legal Lot Number	3
Jurisdiction	COLLIN TX
Township / Civil Division	CELINA
Census Block Group	1
Census Block	1013
Census Tract	30303

Owner

1281 E University Dr, a commercial property, is owned by a company that bought it in October 2023.

Source: Collin County records, as of March 16, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Company Names on File
Mailing Address	567 COURTLANDT AVE, BRONX, NY 10451-5015
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Oct 20, 2023	Vendor's Lien, Transfer · Commercial Mortgage WOORI AMERICA BANK
Mar 24, 2021	Vendor's Lien, Transfer · Commercial Mortgage BANCORPSOUTH BANK
Nov 30, 2018	Grant Deed, Construction Loan · Construction Mortgage FARMERS BK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 20, 2023 · Amount on File
Deed Sale	Oct 20, 2023 · Amount on File
Prior Sale	Mar 24, 2021 · Amount on File
Deed Document Number	2023121504
Prior Transfer Date	Mar 22, 2021
Prior Transfer Doc	0000587470
Record Updated	Sep 20, 2026

October 2023: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	COLLIN TX
Recording Date	Oct 20, 2023
Property Address	1281 E UNIVERSITY DR, PROSPER, TX 75078-7282
Document Number	2023000121504
Map Reference	DOC 2021-24
Instrument Date	Oct 18, 2023
Instrument	2023000121504
Transaction Type	Transfer
Record Updated	Oct 24, 2025

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	567 COURTLANDT AVE, BRONX, NY 10451-5015

Mortgage

Document Number	2023000121505
Date	Oct 20, 2023
Instrument	2023000121505

Lender

Name	WOORI AMERICA BANK
Type	Bank
Special Notes	Seller Financed

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

March 2021: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	COLLIN TX
Recording Date	Mar 24, 2021
Property Address	1281 E UNIVERSITY DR, PROSPER, TX 75078-7282
Document Number	0000587470
Map Reference	DOC 2021-24
Instrument Date	Mar 22, 2021
Instrument	20210324000587470
Transaction Type	Transfer
Record Updated	Oct 24, 2025
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2760 VIRGINIA PKWY STE 100, 100, MCKINNEY, TX 75071-4964

Mortgage

Document Number	0000587480
Date	Mar 24, 2021
Instrument	20210324000587480

Lender

Name	BANCORPSOUTH BANK
Type	Bank
Special Notes	Seller Financed

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

November 2018: Grant Deed, Construction Loan

Document Type	Grant Deed
Jurisdiction	COLLIN TX
Recording Date	Nov 30, 2018
Property Address	1281 E UNIVERSITY DR, PROSPER, TX 75078-7282
Document Number	0001466780
Instrument Date	Nov 26, 2018
Instrument	1466780
Transaction Type	Construction Loan
Record Updated	Dec 13, 2018
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	107 E 3RD ST PROSPER TX 75078, PROSPER, TX 75078

Mortgage

Document Number	1466790
Date	Nov 30, 2018
Instrument	1466790

Lender

Name	FARMERS BK
Type	Bank
Address	21 E PAGE ST, MALVERN, AR 72104

Agreement

Type	Construction Mortgage
Amount	Amount on Record
Term	36 Months
Due	Nov 29, 2021

Tax Assessment & Valuation

The 2025 property tax bill for 1281 E University Dr was $130,839, up 0.7% from the year before.

Source: Collin County assessment roll, as of March 16, 2026

Property Jurisdictions

Type	Name
State	Texas
County	Collin County
Municipality	Prosper Town
Unified School District	Prosper Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$130,839.00 (+0.73%)	$6,710,900 Land $1,942,776 Building $4,768,124	$6,710,900 Land $1,942,776 Building $4,768,124
2024	$129,887.00
2023		$6,137,983 Land $1,457,082 Building $4,680,901	$6,137,983 Land $1,457,082 Building $4,680,901
2022	$130,751.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1281 E University Dr in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective October 13, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1281 E University Dr is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 98.3% of Texas
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	TOWN OF PROSPER serves 42,598 people · EPA ID TX0430009
Water Source	Purchased surface water from NORTH TEXAS MWD WYLIE WTP
Last State Inspection	Apr 2025
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 35 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL in parts of the area	5,000 / 5,000
Optimum Cable	940 / 35
Verizon Fixed Wireless	300 / 20
ElektraFi Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Astound Broadband, Nextlink.

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