787 N Preston Rd, Prosper, TX 75078 Property Records

Collin County property record for 787 N Preston Rd, Prosper, TX 75078

Property Summary

Property Type	Commercial
Details	12,000 sqft · built 1997
Lot Size	1.15 acres (50,094 sqft)
Owner	Company Name on File
Last Sale	$1,150,600 (Jul 2017)
Tax Bill	$39,383 (2025)
Deeds & Mortgages	Jun 2020 Mortgage Oct 2017 Loan Modification + 2 more
Flood Zone	Zone X (minimal risk)
APN	`R-10201-00A-0010-1`

Property Details

APN / Parcel Number

Primary APN	`R-10201-00A-0010-1`
Alternative APNs	`R691600003601` `000002680493` `2680493`

Interior

Stories	1 Story
Building Area	12,000 sqft Gross Area
1st Floor Area	12,000 sqft

Exterior

Year Built	Built 1997
Effective Year Built	Effective 2006
Lot Area	50,094 sqft (1.15 acres)

Location & Zoning

Street Address	787 N PRESTON RD
City	PROSPER
State	TX
Zip	75078-8793
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	BOUERI ADDITION, BLK A, LOT 1
Legal Subdivision	BOUERI ADDITION (CPR)
Legal Tract	36
Legal Block	A
Legal Lot Number	1
Jurisdiction	COLLIN TX
Township / Civil Division	CELINA
Census Block Group	3
Census Block	3004
Census Tract	30304

Owner

787 N Preston Rd, a commercial property, is owned by a company that bought it in July 2017.

Source: Collin County records, as of April 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	Company Name on File
Mailing Address	2353 CORNELL WAY, FRISCO, TX 75034-3630
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Jun 12, 2020	Deed of Trust, Mortgage COMERICA BK
Oct 28, 2017	Loan Modification, Mortgage TEXAS FIRST BK
Sep 26, 2017	Deed of Trust, Mortgage GREATER TX CAP
Jul 17, 2017	Grant Deed, Transfer TEXAS FIRST BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 17, 2017 · Amount on File
Deed Sale	Jul 17, 2017 · Amount on File
Prior Sale	Jan 3, 2012 · Amount on File
Deed Document Number	2017928970
Record Updated	Jun 8, 2026

June 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COLLIN TX
Property Address	787 N PRESTON RD, PROSPER, TX 75078-8793
Document Number	0000925770
Instrument Date	Jun 12, 2020
Transaction Type	Mortgage
Record Updated	Jul 14, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2353 COMELL WAY FRISCO TX 75034, FRISCO, TX 75034

Mortgage

Document Number	0000925770
Date	Jun 19, 2020
Instrument	925770

Lender

Name	COMERICA BK
Type	Bank
Address	39200 6 MILE RD, LIVONIA, MI 48152-2656

Agreement

Amount	Amount on Record
Term	120 Months
Due	Jun 18, 2030

October 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	COLLIN TX
Property Address	787 N PRESTON RD, PROSPER, TX 75078-8793
Document Number	0001504040
Instrument Date	Oct 28, 2017
Transaction Type	Mortgage
Record Updated	Aug 28, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	787 N PRESTON RD PROSPER TX 750788793, PROSPER, TX 75078-8793

Mortgage

Document Number	0001504040
Date	Nov 10, 2017
Instrument	1504040

Lender

Name	TEXAS FIRST BK
Type	Bank
Address	LA MARQUE, TX 77568

Agreement

Amount	Amount on Record
Term	12 Months
Due	Nov 9, 2018

September 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COLLIN TX
Property Address	787 N PRESTON RD, PROSPER, TX 75078-8793
Document Number	0001321160
Instrument Date	Sep 26, 2017
Transaction Type	Mortgage
Record Updated	Oct 25, 2017
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2353 CORNELL WAY FRISCO TX 750343630, FRISCO, TX 75034-3630

Mortgage

Document Number	0001321160
Date	Oct 3, 2017
Instrument	1321160

Lender

Name	GREATER TX CAP
Address	TYLER, TX 75711-8274

Agreement

Amount	Amount on Record

July 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COLLIN TX
Recording Date	Jul 17, 2017
Property Address	787 N PRESTON RD, PROSPER, TX 75078-8793
Document Number	0000928970
Instrument Date	Jul 6, 2017
Instrument	928970
Transaction Type	Transfer
Record Updated	Aug 9, 2017
Title Company	ATTORNEY ONLY

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	787 N PRESTON RD PROSPER TX 750788793, PROSPER, TX 75078-8793

Mortgage

Document Number	928980
Date	Jul 17, 2017
Instrument	928980

Lender

Name	TEXAS FIRST BK
Type	Bank
Address	3000 FM 1764 RD, LA MARQUE, TX 77568-2452

Agreement

Amount	Amount on Record

Mortgage

Document Number	928990,
Date	Jul 17, 2017
Instrument	928990

Lender

Name	TEXAS FIRST BK
Type	Bank
Address	LA MARQUE, TX 77568

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 787 N Preston Rd was $39,383, up 0.5% 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	$39,383.00 (+0.53%)	$2,056,677 Land $1,152,162 Building $904,515	$2,056,677 Land $1,152,162 Building $904,515
2024	$39,177.00
2023		$1,875,000 Land $1,102,068 Building $772,932	$1,875,000 Land $1,102,068 Building $772,932
2022	$40,342.00

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

Flood

FEMA maps place 787 N Preston Rd in Zone X, an area of minimal flood risk.

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
Flood Insurance Cost	Premium on File median of 17 policies
Nearby Flood Policies	17 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 787 N Preston Rd is low, with a 0.03% annual chance of wildfire.

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

Wildfire Risk	Low lower than 65% of the US · lower than 90% of Texas
Wildfire Likelihood	0.03% 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 170 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL · Fixed Wireless 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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