Prosper, Texas
New Gated CommunityPark Place
Prosper's Premier Gated Luxury Community — Directly Across from a 51-Acre Park
Price Range
$919,000 – $1,739,000+
About the Neighborhood
What Makes Park Place
Worth Calling Home
Park Place is Prosper's newest and most thoughtfully designed gated luxury community — a carefully curated residential enclave developed by Shaddock Development at the southeast corner of Prosper Trail and Teel Parkway in Denton County, Texas. Built on generously sized 80-foot lots with wide sidewalks, park-like open spaces, and bulk landscape maintenance included, Park Place was designed from the ground up as a lifestyle community. What sets it apart from virtually every other gated community in Prosper is what sits directly across the street: the future 51-acre Windsong Community Park, part of the Town of Prosper's master trail system — giving residents a massive public park as their extended backyard, accessible on foot or by bike. Four of North Texas's most trusted builders bring distinct visions of luxury to Park Place: Shaddock Homes (from $919K, 2,672–4,800+ sq ft, 13 floor plans), Grand Homes (from the $970s, 2,400–5,600 sq ft, 11 floor plans including the Grand Park Place, Grand Riverside, and Miramonte), Partners in Building, and Elevate by Drees Custom Homes — offering fully custom build-on-your-lot opportunities within a gated community. Both Shaddock and Grand Homes have quick move-in inventory available now. The community is zoned to Prosper ISD (ranked 38th out of 961 Texas school districts, 5-star SchoolDigger rating), with Bryant Elementary just 0.3 miles away — walkable from the neighborhood. Residents are also minutes from Frontier Park's 80 acres of recreation, H-E-B Prosper, The Gates of Prosper, and the Dallas North Tollway — and just 12–15 minutes from PGA Frisco, the golf capital of the United States.
Park Place was not built in a hurry. From the moment you pass through the gates, the difference is palpable — tree-lined streets, wide walkable sidewalks, and a neighborhood designed to slow life down rather than speed it up. Kids walk or bike to Bryant Elementary. Families spend weekends at Frontier Park's splash pad, soccer fields, and catch-and-release pond. Professionals commute in minutes to the DNT corridor, Legacy West, Granite Park, and the Fortune 500 campuses of Frisco and Plano. And when PGA Frisco hosts one of its 27 scheduled major championships over the next 12 years, Park Place residents are just 12–15 minutes away. This is what it looks like when a community is designed around how families actually live.
Home Styles
New construction luxury single-family homes on 80-foot lots. Shaddock Homes: 13 floor plans, 2,672–4,800+ sq ft, from $919K. Grand Homes: 11 floor plans, 2,400–5,600 sq ft, from the $970s. Partners in Building & Elevate by Drees Custom Homes: fully custom build-on-your-lot. Quick move-in inventory available.
Builders
Shaddock Homes · Grand Homes · Partners in Building · Elevate by Drees Custom Homes
Schools
Bryant Elementary — 0.3 mi, top 20% in Texas, A grade (Niche) · William Rushing Middle School — 0.8 mi from Bryant · Prosper High School — 4-star SchoolDigger, 97.9–99.5% graduation rate · Richland High School (opened 2025) · Prosper ISD — ranked 38th of 961 TX districts, 5-star rating
Key Facts
Now Selling · Gated · 80-ft lots · 4 builders including custom options · Across from future 51-acre Windsong Community Park · Bryant Elementary 0.3 mi · Prosper ISD top 4% in Texas · 5 min to DNT · 12 min to PGA Frisco · H-E-B Prosper nearby
Community Amenities
Community Gallery
Life at Park Place
Common Questions
Everything You Want to Know
About Park Place
What builders are building in Park Place Prosper?
Park Place features four builders: Shaddock Homes (13 floor plans, from $919K), Grand Homes (11 floor plans, from the $970s), Partners in Building, and Elevate by Drees Custom Homes. Partners in Building and Drees offer fully custom build-on-your-lot options within the gated community. Both Shaddock and Grand Homes have quick move-in inventory available.
How much do homes cost in Park Place Prosper TX?
Home prices in Park Place range from $919,000 (Shaddock Homes) to over $1.7 million (Grand Homes). Shaddock offers 13 floor plans from 2,672 to 4,800+ sq ft. Grand Homes offers 11 floor plans from 2,400 to 5,600 sq ft. Custom homes through Partners in Building and Drees are priced individually.
What schools serve Park Place in Prosper?
Park Place is zoned to Prosper ISD, ranked 38th out of 961 Texas school districts with a 5-star SchoolDigger rating. Students attend Bryant Elementary (0.3 miles away, top 20% in Texas, A grade from Niche), William Rushing Middle School, and either Prosper High School or Richland High School (opened 2025).
Is Park Place Prosper a gated community?
Yes. Park Place is a fully gated community developed by Shaddock Development, located at the southeast corner of Prosper Trail and Teel Parkway in Prosper, TX. The community includes a bulk landscape maintenance contract, providing consistent, superior upkeep at approximately half the typical cost.
What park is across from Park Place Prosper?
Park Place is directly across the street from the future 51-acre Windsong Community Park, part of the Town of Prosper's master trail system. This fully funded and planned public park will give Park Place residents a massive green space as their extended backyard, accessible on foot or by bike. Frontier Park — Prosper's 80-acre crown jewel with a splash pad, 11 soccer fields, and a 1.7-mile trail — is also just minutes away.
Where is Park Place located in Prosper Texas?
Park Place is located at the southeast corner of Prosper Trail and Teel Parkway in Prosper, TX 75078, in Denton County. The Dallas North Tollway is less than 5 minutes away. Frisco is 10–12 minutes south, McKinney is 12 minutes east, and PGA Frisco is 12–15 minutes via the DNT.
Ready to Make Your Move?
Find Your Home
in Park Place
We specialize in Prosper and know Park Place inside and out. Whether you're buying or selling, we'll help you navigate every step with confidence.