1501 E University Dr, Prosper, TX 75078 Property Records

Collin County property record for 1501 E University Dr, Prosper, TX 75078

Property Summary

Property Type	Commercial
Details	6,579 sqft · built 2024
Lot Size	0.839 acres (36,556 sqft)
Owner	Company Name on Record
Last Sale	$678,300 (Mar 2021)
Tax Bill	$29,891 (2025)
Deeds & Mortgages	Oct 2025 Mortgage Dec 2023 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`R-10030-00A-0030-1`

Property Details

APN / Parcel Number

Primary APN	`R-10030-00A-0030-1`
Alternative APNs	`000002672918` `2672918`

Interior

Stories	1 Story
Building Area	6,579 sqft Gross Area
1st Floor Area	6,579 sqft

Exterior

Year Built	Built 2024
Effective Year Built	Effective 2024
Lot Area	36,556 sqft (0.839 acres)

Location & Zoning

Street Address	1501 E UNIVERSITY DR
City	PROSPER
State	TX
Zip	75078
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	HUNTER GATEWAY CENTRE, BLK A, LOT 3
Legal Subdivision	HUNTER GATEWAY CENTRE (CPR)
Legal Block	A
Legal Lot Number	3
Jurisdiction	COLLIN TX
Township / Civil Division	CELINA
Census Block Group	2
Census Block	2000
Census Tract	30303

Owner

Source: Collin County records, as of June 3, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	422 DESERT WILLOW LN, MURPHY, TX 75094-3630
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Oct 28, 2025	Deed of Trust, Mortgage · Commercial Mortgage FIRST STATE BANK
Dec 13, 2023	Deed of Trust, Mortgage · Commercial Mortgage FIRST STATE BANK
Mar 19, 2021	Vendor's Lien, Transfer · Commercial Mortgage FIRST STATE BANK
Jun 28, 2018	Grant Deed, Transfer SENDERA TITLE
May 9, 2018	Grant Deed, Subdivision Related Transfer AMERICAN LAND TITLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 19, 2021 · Amount on Record
Deed Sale	Mar 19, 2021 · Amount on Record
Deed Document Number	2021552920
Record Updated	Sep 20, 2026

October 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COLLIN TX
Property Address	1501 E UNIVERSITY DR, PROSPER, TX 75078-8527
Transaction Type	Mortgage
Record Updated	Nov 14, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	422 DESERT WILLOW LN, MURPHY, TX 75094-3630

Mortgage

Document Number	2025000139594
Date	Oct 28, 2025
Instrument	2025000139594

Lender

Name	FIRST STATE BANK
Type	Bank
Address	SHALLOWATER, TX 79363

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	24 Months
Due	Oct 27, 2027

December 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COLLIN TX
Property Address	1501 E UNIVERSITY DR, PROSPER, TX 75078-8527
Transaction Type	Mortgage
Record Updated	Oct 24, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	422 DESERT WILLOW LN, MURPHY, TX 75094-3630

Mortgage

Document Number	2023000141354
Date	Dec 13, 2023
Instrument	2023000141354

Lender

Name	FIRST STATE BANK
Type	Bank
Address	SHALLOWATER, TX 79363

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

March 2021: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	COLLIN TX
Recording Date	Mar 19, 2021
Property Address	1501 E UNIVERSITY DR, PROSPER, TX 75078-8527
Document Number	0000552920
Map Reference	VOL 2011 PG 150
Instrument Date	Mar 17, 2021
Instrument	20210319000552920
Transaction Type	Transfer
Record Updated	Oct 24, 2025
Title Company	SENDERA TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	7919 BLENHEIM PL, FORT WORTH, TX 76120-5811

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	422 DESERT WILLOW LN, MURPHY, TX 75094-3630

Mortgage

Document Number	0000552940
Date	Mar 19, 2021
Instrument	20210319000552940

Lender

Name	FIRST STATE BANK
Type	Bank
Special Notes	Seller Financed

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

June 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COLLIN TX
Recording Date	Jun 28, 2018
Property Address	E UNIVERSITY DR, PROSPER, TX 75078
Document Number	0000806460
Instrument Date	Jun 28, 2018
Instrument	806460
Transaction Type	Transfer
Record Updated	Jul 18, 2018
Title Company	SENDERA TITLE

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	7919 BLENHEIM PL FORT WORTH TX 761205811, FORT WORTH, TX 76120-5811

May 2018: Grant Deed, Subdivision Related Transfer

Document Type	Grant Deed
Jurisdiction	COLLIN TX
Recording Date	May 9, 2018
Property Address	E UNIVERSITY DR, PROSPER, TX 75078
Document Number	0000565870
Instrument Date	May 7, 2018
Instrument	565870
Transaction Type	Subdivision Related Transfer
Record Updated	May 24, 2018
Title Company	AMERICAN LAND TITLE

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	5201 TRAIL HOUSE WAY MCKINNEY TX 750711347, MCKINNEY, TX 75071-1347

Tax Assessment & Valuation

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	$29,891.00 (+95.6%)	$1,533,157 (+109.7%) Land $913,889 Building $619,268	$1,533,157 (+109.7%) Land $913,889 Building $619,268
2024	$15,282.00 (+0.63%)
2023		$731,111 Land $731,111	$731,111 Land $731,111
2022	$15,186.00

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

Flood

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
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

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

Wildfire Risk	Low lower than 62% of the US · lower than 87% of Texas
Wildfire Likelihood	0.04% annual chance
Exposure	Direct burnable vegetation

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 152 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
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
ElektraFi Fixed Wireless	100 / 20

May also be available: Optimum.

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