What is Volleys Village, and what does it mean for nearby home values in Prosper?
On June 23, 2026, Prosper Town Council approved rezoning 54.2 acres at Parvin Road and FM 1385 for Volleys Village, a tennis and pickleball-anchored mixed-use development with a hotel, event center, retail, and restaurants. Initial construction is expected within 12 to 18 months, with full buildout over three to five years. Developments like this typically add amenity value to nearby homes over time, though the effect builds gradually as construction progresses, not immediately at approval.
By Stacy Cate, Realtor | Compass RE Texas, LLC, August 10, 2026
If you own property anywhere near Parvin Road and FM 1385, or you’re watching that part of Prosper for a future purchase, there’s a new development worth knowing about. It just cleared council approval, and it’s a bigger project than the name might suggest.
What was actually approved
Prosper Town Council approved a rezoning request on June 23, converting 54.2 acres from agricultural use to a planned development. The project, known as Volleys Village, centers on racquet sports but extends well beyond that:
- 10 indoor and 14 outdoor tennis courts, plus 10 indoor pickleball courts
- A hotel and event center
- Retail, restaurants, and office space
- Indoor and outdoor swimming pools, a full fitness center, yoga and cycling studios, a pro shop, and on-site food and beverage service, including alcohol
- A new connector street linking FM 1385 and Parvin Road, intended to help ease congestion in the area
Developers estimate initial construction will take 12 to 18 months, with additional commercial and mixed-use components following over a full buildout window of three to five years, assuming market conditions hold.
Timeline: what to actually expect and when
This isn’t a project that transforms the area overnight, and it’s worth setting realistic expectations if you own nearby or are considering a purchase in that corridor.
- Near-term (next 12 to 18 months): Site work and initial construction begins. Expect some construction activity and traffic pattern changes near Parvin Road and FM 1385, including work on the new connector street.
- Mid-term (18 months to 3 years): Core amenities, courts, pools, fitness facilities, come online in phases.
- Long-term (3 to 5 years): Full buildout, including the hotel, event center, and remaining commercial space, assuming the project stays on track.
What this could mean if you own nearby
Amenity-anchored developments like this one tend to add value to surrounding homes over time, particularly for buyers who prioritize an active lifestyle and easy access to recreation. That said, it’s worth being honest about how this typically plays out:
- The value effect builds gradually, tied to construction progress and how the amenities mature, not to the approval date itself.
- Near-term construction activity can mean temporary noise and traffic disruption for homes closest to the site, which is worth factoring into your timeline if you’re weighing whether to sell now or wait.
- If you’re planning to sell in the next few years, it’s worth discussing how a project like this typically affects buyer interest and pricing conversations, and when in the construction timeline that effect tends to become most visible to buyers.
- If you’re a buyer eyeing this corridor, this is exactly the kind of project worth understanding before you commit, both the upside of what’s coming and the realistic construction timeline you’d be moving next to.
This is the kind of local development I track closely for clients who own in the area, precisely because the impact isn’t instant, and knowing the real timeline helps you make a more informed decision about your own plans.
What this means for your next step
Volleys Village is a real, approved project, not a rumor or a proposal still working through the process. If you own property near Parvin Road and FM 1385, or you’re considering a purchase in that part of Prosper, it’s worth having a conversation about how this specific development is likely to affect your timeline and options.
Frequently Asked Questions
Where exactly is Volleys Village being built?
The development sits on 54.2 acres near the intersection of Parvin Road and FM 1385 in Prosper. As part of the project, a new connector street will link FM 1385 and Parvin Road directly.
When will Volleys Village be finished?
Initial construction is estimated to take 12 to 18 months. Full buildout, including the hotel, event center, and all commercial components, is projected over three to five years, assuming market conditions remain favorable.
Will Volleys Village increase my home value?
Amenity-anchored developments like this one tend to add value to nearby homes over time as the project matures, though the effect typically builds gradually rather than showing up immediately after approval. Your specific situation depends on your home’s exact proximity, condition, and the pace of construction.
Should I wait to sell until Volleys Village is built?
That depends on your personal timeline and goals. Some sellers benefit from listing before construction activity begins, while others may see stronger buyer interest once amenities start coming online. This is worth discussing based on your specific property and situation.
Will construction affect traffic near my home?
Likely, at least temporarily. The project includes a new connector street between FM 1385 and Parvin Road, and construction activity in the near term may affect local traffic patterns before that infrastructure is complete.
If you own property near Parvin Road and FM 1385, or you’re watching this corridor for a future move, I’m happy to talk through what this development means for your specific timeline. Check out my Seller’s Guide or reach out anytime.
About Stacy Cate
Stacy Cate is a Realtor with Compass RE Texas, LLC, serving North DFW’s luxury and lifestyle homes across Prosper, Celina, McKinney, Frisco, and the lake markets of Bois d’Arc Lake and Lake Texoma. With 30+ years of local roots, deep community ties, and CNE, CLHMS, SRES, and NHSAC designations, Stacy guides clients, especially those navigating legacy transitions and life-stage moves, with clarity, privacy, and heart.