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Prosper, TX New Homes Under $500K

173 Communities

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Check out our top recommendations

Lilyana by M/I Homes in Dallas Texas
Home in Lilyana by M/I Homes
Home in Lilyana by M/I Homes
$31,850

$472,990 - $879,990

Lilyana

Prosper, TX 75078

2 Homes

19 Floor Plans

Hot Deal

M/I Homes

Light Farms - Sweetwater by M/I Homes in Dallas Texas
Home in Light Farms - Sweetwater by M/I Homes
Home in Light Farms - Sweetwater by M/I Homes

Closeout

$413,990 - $548,694

Light Farms - Sweetwater

Celina, TX 75009

7 Floor Plans

Hot Deal

M/I Homes

Celina Hills by Normandy Homes in Dallas Texas
Home in Celina Hills by Normandy Homes
Home in Celina Hills by Normandy Homes
Up to $30,000

$499,990 - $745,963

Celina Hills

Celina, TX 75009

1 Home

10 Floor Plans

Normandy Homes

Wilson Creek Meadows by Pulte Homes in Dallas Texas
Home in Wilson Creek Meadows by Pulte Homes
Home in Wilson Creek Meadows by Pulte Homes

$495,990 - $710,360

Wilson Creek Meadows

Celina, TX 75009

14 Floor Plans

Hot Deal

Pulte Homes

4.3

Green Meadows by Pacesetter Homes Texas in Dallas Texas
Home in Green Meadows by Pacesetter Homes Texas
Home in Green Meadows by Pacesetter Homes Texas

Closeout

$508,900

Green Meadows

Celina, TX 75009

1 Floor Plan

Pacesetter Homes Texas

Celina Hills by CB JENI Homes in Dallas Texas
Home in Celina Hills by CB JENI Homes
Home in Celina Hills by CB JENI Homes
$15,000

$388,990 - $440,990

Celina Hills

Celina, TX 75009

1 Home

4 Floor Plans

CB JENI Homes

Greenway by M/I Homes in Dallas Texas
Home in Greenway by M/I Homes
Home in Greenway by M/I Homes
Up to $20,220

$448,990 - $700,640

Greenway

Celina, TX 75009

2 Homes

19 Floor Plans

Hot Deal

M/I Homes

Wilson Creek Meadows 50s by Taylor Morrison in Dallas Texas
Home in Wilson Creek Meadows 50s by Taylor Morrison
Home in Wilson Creek Meadows 50s by Taylor Morrison

Closeout

Up to $79,000

$517,990 - $659,624

Wilson Creek Meadows 50s

Celina, TX 75009

2 Homes

5 Floor Plans

Taylor Morrison

Cambridge Crossing: 40ft. lots by Highland Homes in Dallas Texas
Home in Cambridge Crossing: 40ft. lots by Highland Homes
Home in Cambridge Crossing: 40ft. lots by Highland Homes
Up to $28,416

$483,990 - $627,014

Cambridge Crossing: 40ft. lots

Celina, TX 75009

3 Homes

11 Floor Plans

Hot Deal

Highland Homes

4.5

The Parks at Wilson Creek by David Weekley Homes in Dallas Texas
Home in The Parks at Wilson Creek by David Weekley Homes
Home in The Parks at Wilson Creek by David Weekley Homes

$527,990 - $730,944

The Parks at Wilson Creek

Celina, TX 75009

12 Floor Plans

Hot Deal

David Weekley Homes

Union Park by Bloomfield Homes in Dallas Texas
Home in Union Park by Bloomfield Homes
Home in Union Park by Bloomfield Homes
Up to $119,035

$505,990 - $759,990

Union Park

Aubrey, TX 76227

5 Homes

30 Floor Plans

Bloomfield Homes

4.3

Winn Ridge III by KB Home in Dallas Texas
Home in Winn Ridge III by KB Home
Home in Winn Ridge III by KB Home

Closeout

Up to $9,850

$319,990 - $481,668

Winn Ridge III

Aubrey, TX 76227

8 Homes

12 Floor Plans

KB Home

4.3

The Parks at Wilson Creek: 40ft. lots by Highland Homes in Dallas Texas
Home in The Parks at Wilson Creek: 40ft. lots by Highland Homes
Home in The Parks at Wilson Creek: 40ft. lots by Highland Homes

$451,990 - $603,582

The Parks at Wilson Creek: 40ft. lots

Celina, TX 75009

11 Floor Plans

Hot Deal

Highland Homes

4.5

ArrowBrooke by Bloomfield Homes in Dallas Texas
Home in ArrowBrooke by Bloomfield Homes
Home in ArrowBrooke by Bloomfield Homes
Up to $70,000

$440,288 - $729,990

ArrowBrooke

Aubrey, TX 76227

4 Homes

47 Floor Plans

Bloomfield Homes

4.3

The Parks at Wilson Creek 40' by Perry Homes in Dallas Texas
Home in The Parks at Wilson Creek 40' by Perry Homes
Home in The Parks at Wilson Creek 40' by Perry Homes

Grand Opening

$470,900 - $653,900

The Parks at Wilson Creek 40'

Celina, TX 75009

8 Floor Plans

Perry Homes

Sandbrock Ranch by David Weekley Homes in Dallas Texas
Home in Sandbrock Ranch by David Weekley Homes
Home in Sandbrock Ranch by David Weekley Homes
Up to $34,521

$487,990 - $675,560

Sandbrock Ranch

Aubrey, TX 76227

2 Homes

10 Floor Plans

Hot Deal

David Weekley Homes

Sandbrock Ranch: 50ft. lots by Highland Homes in Dallas Texas
Home in Sandbrock Ranch: 50ft. lots by Highland Homes
Home in Sandbrock Ranch: 50ft. lots by Highland Homes

$478,990 - $661,624

Sandbrock Ranch: 50ft. lots

Aubrey, TX 76227

13 Floor Plans

Hot Deal

Highland Homes

4.5

Sandbrock Ranch: 45ft. lots by Highland Homes in Dallas Texas
Home in Sandbrock Ranch: 45ft. lots by Highland Homes
Home in Sandbrock Ranch: 45ft. lots by Highland Homes

$411,990 - $565,588

Sandbrock Ranch: 45ft. lots

Aubrey, TX 76227

12 Floor Plans

Hot Deal

Highland Homes

4.5

Highland Lakes by Pulte Homes in Dallas Texas
Home in Highland Lakes by Pulte Homes
Home in Highland Lakes by Pulte Homes

$530,990 - $680,990

Highland Lakes

McKinney, TX 75071

14 Floor Plans

Hot Deal

Pulte Homes

4.3

Village on Main Street by CB JENI Homes in Dallas Texas
Home in Village on Main Street by CB JENI Homes
Home in Village on Main Street by CB JENI Homes
Up to $15,000

$494,990 - $621,990

Village on Main Street

Frisco, TX 75034

1 Home

8 Floor Plans

CB JENI Homes

Garden Collection at Union Park by Tri Pointe Homes in Dallas Texas
Home in Garden Collection at Union Park by Tri Pointe Homes
Home in Garden Collection at Union Park by Tri Pointe Homes

$400,990 - $490,864

Garden Collection at Union Park

Aubrey, TX 76227

4 Floor Plans

Hot Deal

Tri Pointe Homes

North Square at Uptown Celina by Olivia Clarke Homes  in Dallas Texas
Home in North Square at Uptown Celina by Olivia Clarke Homes
Home in North Square at Uptown Celina by Olivia Clarke Homes

$499,990 - $560,000

North Square at Uptown Celina

Celina, TX 75009

4 Floor Plans

Olivia Clarke Homes

Del Webb at Union Park by Del Webb in Dallas Texas
Home in Del Webb at Union Park by Del Webb
Home in Del Webb at Union Park by Del Webb

$338,990 - $503,990

Del Webb at Union Park

Aubrey, TX 76227

9 Floor Plans

Hot Deal

Del Webb

4.2

The Grove Frisco by CB JENI Homes in Dallas Texas
Home in The Grove Frisco by CB JENI Homes
Home in The Grove Frisco by CB JENI Homes

$499,990 - $631,990

The Grove Frisco

Frisco, TX 75035

3 Floor Plans

CB JENI Homes

Linden Hills - Classic Collection by Lennar in Dallas Texas
Home in Linden Hills - Classic Collection by Lennar
Home in Linden Hills - Classic Collection by Lennar

$404,999 - $508,999

Linden Hills - Classic Collection

Little Elm, TX 75068

6 Floor Plans

Lennar

3.7

Linden Hills - Watermill Collection by Lennar in Dallas Texas
Home in Linden Hills - Watermill Collection by Lennar
Home in Linden Hills - Watermill Collection by Lennar
$18,000

$362,999 - $404,999

Linden Hills - Watermill Collection

Little Elm, TX 75068

5 Floor Plans

Lennar

3.7

Mobberly Farms by Centex Homes in Dallas Texas
Home in Mobberly Farms by Centex Homes
Home in Mobberly Farms by Centex Homes

$303,990 - $403,990

Mobberly Farms

Pilot Point, TX 76258

1 Home

15 Floor Plans

Hot Deal

Centex Homes

4.5

Mobberly Farms by M/I Homes in Dallas Texas
Home in Mobberly Farms by M/I Homes
Home in Mobberly Farms by M/I Homes

$291,990 - $406,994

Mobberly Farms

Pilot Point, TX 76258

6 Floor Plans

Hot Deal

M/I Homes

Discovery Collection at Union Park by Tri Pointe Homes in Dallas Texas
Home in Discovery Collection at Union Park by Tri Pointe Homes
Home in Discovery Collection at Union Park by Tri Pointe Homes

$411,990 - $615,396

Discovery Collection at Union Park

Aubrey, TX 76227

2 Homes

8 Floor Plans

Tri Pointe Homes

Inspiration Collection at Union Park by Tri Pointe Homes in Dallas Texas
Home in Inspiration Collection at Union Park by Tri Pointe Homes
Home in Inspiration Collection at Union Park by Tri Pointe Homes

$497,990 - $653,990

Inspiration Collection at Union Park

Aubrey, TX 76227

4 Homes

9 Floor Plans

Tri Pointe Homes

Valencia on the Lake by Beazer Homes in Dallas Texas
Home in Valencia on the Lake by Beazer Homes
Home in Valencia on the Lake by Beazer Homes

$499,990 - $724,990

Valencia on the Lake

Little Elm, TX 75068

6 Floor Plans

Beazer Homes

4.5

Cottages of Celina by Highland Homes in Dallas Texas
Home in Cottages of Celina by Highland Homes
Home in Cottages of Celina by Highland Homes

$445,990 - $579,016

Cottages of Celina

Celina, TX 75009

17 Floor Plans

Hot Deal

Highland Homes

4.5

Cottages of Celina by Shaddock Homes in Dallas Texas
Home in Cottages of Celina by Shaddock Homes
Home in Cottages of Celina by Shaddock Homes

$427,000 - $615,000

Cottages of Celina

Celina, TX 75009

8 Floor Plans

Shaddock Homes

Lake Pointe at Paloma Creek by Beazer Homes in Dallas Texas
Home in Lake Pointe at Paloma Creek by Beazer Homes
Home in Lake Pointe at Paloma Creek by Beazer Homes

$397,990 - $504,990

Lake Pointe at Paloma Creek

Little Elm, TX 75068

7 Floor Plans

Beazer Homes

4.5

Enclave at Legacy Hills - Crossings 50' by Beazer Homes in Dallas Texas
Home in Enclave at Legacy Hills - Crossings 50' by Beazer Homes
Home in Enclave at Legacy Hills - Crossings 50' by Beazer Homes

$465,990 - $586,990

Enclave at Legacy Hills - Crossings 50'

Celina, TX 75009

6 Floor Plans

Beazer Homes

4.5

Erwin Farms by Pulte Homes in Dallas Texas
Home in Erwin Farms by Pulte Homes
Home in Erwin Farms by Pulte Homes

$495,990 - $698,690

Erwin Farms

McKinney, TX 75071

10 Floor Plans

Hot Deal

Pulte Homes

4.3

Woodstone by M/I Homes in Dallas Texas
Home in Woodstone by M/I Homes
Home in Woodstone by M/I Homes

$330,990 - $478,769

Woodstone

Providence Village, TX 76227

10 Floor Plans

Hot Deal

M/I Homes

Woodstone by Brightland Homes in Dallas Texas
Home in Woodstone by Brightland Homes
Home in Woodstone by Brightland Homes

Closeout

Up to $13,190

$414,990 - $569,990

Woodstone

Providence Village, TX 76227

1 Home

Brightland Homes

Paloma Creek by Bloomfield Homes in Dallas Texas
Home in Paloma Creek by Bloomfield Homes
Home in Paloma Creek by Bloomfield Homes

Closeout

$513,524

Paloma Creek

Little Elm, TX 75068

1 Home

Bloomfield Homes

4.3

Discovery Collection at Painted Tree by Tri Pointe Homes in Dallas Texas
Home in Discovery Collection at Painted Tree by Tri Pointe Homes
Home in Discovery Collection at Painted Tree by Tri Pointe Homes

$525,990 - $689,923

Discovery Collection at Painted Tree

McKinney, TX 75071

1 Home

6 Floor Plans

Hot Deal

Tri Pointe Homes

Static Map Image

Market Snapshot

Newest Communities in Prosper

CommunityPriced From
Mosaic 50'$ 625,900
Brookhollow West$ 759,000
Mosaic: 40ft. lots$ 575,000
Mosaic: 50ft. lots$ 693,990
Mosaic: 60ft. lots$ 848,990
Mosaic: 70ft. lots$ 926,990
Mosaic 40s$ 549,990
Mosaic 50s$ 694,990
Mosaic 60s$ 794,990
Windsong Ranch$ 628,990

Top Home Builders in Prosper

BuilderCommunitiesAverage Price
Highland Homes8$944,974
American Legend Homes8$826,179
Shaddock Homes4$887,768
Toll Brothers3$891,219
Southgate Homes2$954,967
Perry Homes1$728,092
Drees Custom Homes1$1,117,422
Huntington Homes1$2,226,172
Grand Homes1$1,010,200
M/I Homes1$685,315
Our Country Homes1$1,600,000
Bloomfield Homes1$743,872

Prosper. TX features many of the best home builder communities in Dallas, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Prosper has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Prosper area. In fact, there are 173 communities and 42 builders in Prosper with homes starting at under $500K.

How to Find Homes in Prosper for Less than $500K?

Many builders recognize there is growing demand in the Prosper area for homes under the $500k price point and often have a few floor plans available, but these may be in limited supply. These brand new homes are relatively affordable. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices. Like any new home, you are likely to have the low maintenance and lower cost of ownership that makes new construciton a good value in Prosper,