Renovations to Prosperity Bank in Wichita Falls, TX

Prosperity Bank filed a $1,000,000 renovation project for its Wichita Falls branch located at 2405 Kell E Blvd. The work, registered with TDLR in August 2025, involves altering the interior of the first floor of a 6,400 sq ft building. The project name on the filing is "Renovations to Prosperity Bank Wichita Falls." The estimated cost of $1,000,000 places this project in the top quarter of renovation and alteration filings in Wichita County, where the median estimated cost is $250,000. This specific investment reflects a significant upgrade to the existing structure rather than a new build.

The scope of work is strictly limited to renovating the interior first floor. With an estimated cost of $1,000,000 and a total area of 6,400 sq ft, the project calculates to $156 per square foot. This figure is above the county median of $74 per square foot for similar renovation and alteration filings in Wichita County. The scheduled build window of 91 days is close to the county median of 121 days for comparable projects. These metrics indicate a focused, high-value interior update within a standard timeframe for the region.

Project Timeline and Status

Construction was scheduled to begin in September 2025, with a completion date listed in the filing as December 2025. That date has passed. TDLR completed plan review in August 2025. However, TDLR has not yet recorded a final inspection, so the current state of the site is not confirmed in the public record. The lack of a final inspection record means the physical completion of the interior renovations is not verified in the state registry.

Prosperity Bank is the owner of record and has six other TDLR-registered projects totaling $12,710,386 across Texas. These include locations in Corpus Christi, Galveston, Midland, College Station, and Gainesville. The Wichita Falls project is privately funded on private land for private use. This pattern of multiple registered projects suggests a coordinated expansion or modernization strategy across the bank's regional footprint.

The site is located in ZIP code 76308, where the U.S. Census estimates a population of about 21,267 and a median household income of $70,789. Nearby businesses include Cinemark Wichita Falls 14, Starbucks Coffee Company, and Union Square Credit Union. The Wichita County unemployment rate was 4.6 percent in July 2026, higher than a year earlier, providing context for the local economic environment during this construction period.