Collin County property record for 240 Gray Ln, Prosper, TX 75078 · Last verified April 2026
| Property Type | Single Family Home |
|---|---|
| Details | 4 bd · 3 ba · 2,925 sqft · built 2004 |
| Lot Size | 0.27 acres (11,761 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $201,000 (Aug 2005) |
| Tax Bill | $7,728 (2024) |
| Flood Zone | Zone X (minimal risk) |
| APN | R-8467-00C-0050-1 |
| Primary APN | R-8467-00C-0050-1 |
|---|---|
| Alternative APNs |
|
| Bedrooms | 4 Beds |
|---|---|
| Full Baths | 3 Baths |
| Total Rooms | 9 Rooms |
| Building Area | 2,925 sqft Living Area |
| Gross Area | 4,049 sqft Gross Area |
| 1st Floor Area | 2,198 sqft 1st Floor |
| 2nd Floor Area | 727 sqft 2nd Floor |
| Stories | 2 Stories |
| Flooring | Ceramic Tile |
| Interior Walls | Wallboard/Drywall |
| Fireplace | Fireplace |
| Fireplaces | 1 Fireplace |
| Year Built | Built 2004 |
|---|---|
| Effective Year Built | Effective 2005 |
| Exterior Material | Brick |
| Construction Type | Wood |
| Lot Area | 11,761 sqft (0.27 acres) |
| Parking Spaces | 2 Parking Spaces |
| Garage Type | Attached |
| Garage Area | 699 sqft Garage |
| Porch | Covered Patio/Porch |
| Porch Area | 441 sqft Porch |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Street Address | 240 GRAY LN |
|---|---|
| City | PROSPER |
| State | TX |
| Zip | 75078-8561 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | TRAILS OF PROSPER SECTION II, BLK C, LOT 5 |
| Legal Subdivision | TRAILS OF PROSPER SECTION II (CPR) |
| Legal Block | C |
| Legal Lot Number | 5 |
| Jurisdiction | COLLIN TX |
| Township / Civil Division | CELINA |
| Census Block Group | 3 |
| Census Block | 3012 |
| Census Tract | 30304 |
Source: Collin County records · APN R-8467-00C-0050-1
Assessment roll updated March 16, 2026 · Last verified April 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 240 GRAY LN, PROSPER, TX 75078-8561 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Deed Names | 2 Verified Names on Deed |
|---|---|
| Last Sale | Aug 29, 2005 · Amount on Record |
| Deed Sale | Aug 29, 2005 · Amount on Record |
| Deed Document Number | 2005120308 |
| Prior Transfer Date | Aug 17, 2005 |
| Prior Transfer Doc | 0000000307 |
| Record Updated | Jun 08, 2026 |
Source: Collin County records · Assessment roll updated March 16, 2026 · Last verified April 2026
| Type | Name |
|---|---|
| State | Texas |
| County | Collin County |
| Municipality | Prosper Town |
| Unified School District | Prosper Independent School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $550,208 (-0.41%) Land $150,000 Building $471,032 | $621,032 (+12.41%) Land $150,000 Building $471,032 | |
| 2024 | $7,728.00 (-4.77%) | ||
| 2023 | $552,471 Land $125,000 Building $427,471 | $552,471 Land $125,000 Building $427,471 | |
| 2022 | $8,115.00 |
Source: FEMA National Flood Hazard Layer, Collin County (48085C), updated October 13, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach |
Values are read at the parcel center point; lenders make the official flood determination.
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