OFFICES AT PROSPER TRAIL #940

The Offices at Prosper Trail, specifically suite 940 at 1630 W Prosper Trail in Prosper, Texas, is a new construction project spanning 1,122 square feet. The building is privately funded and located on private land for private use. The project was registered with the Texas Department of Licensing and Regulation (TDLR) in October 2024, marking the start of its official accessibility review process.

Cloud Loft serves as the owner and developer of record for this development. Nove Studios LLC is the design firm responsible for the project’s architectural plans. The filing lists the scope of work strictly as new construction, with an estimated cost of $100,000. This valuation places the project below the median estimated cost for similar new construction filings in Collin County, which stands at $800,000.

The construction timeline began in December 2024, following the completion of plan review in October 2024. The filing scheduled a completion date of June 2025. The final inspection for the project was passed in April 2026. In August 2026, TDLR closed the project file, which marks the end of the accessibility review process for this construction. The project is now marked as closed in the state registry.

Context and Comparisons

The project’s cost per square foot is $89, which is below the county median of $121 for new construction. The scheduled build window of 182 days is close to the county median of 212 days. Cloud Loft has six other TDLR-registered projects in the area, all related to The Offices at Prosper Trail, with a combined value of $450,000. Nove Studios LLC has six other registered projects, totaling $1,350,000, with locations in San Marcos and Melissa.

The site is located in ZIP code 75078, where the U.S. Census Bureau estimates a population of about 46,857. The median household income in this area is $187,634, and the median owner-occupied home value is $650,600. The Collin County unemployment rate was 4.4 percent in August 2026, lower than a year earlier.