Prosper is located in west-central Collin County. Built-in 1902, it was supposed to be a stop on the railway in the agricultural region known as Elm Valley. It was one of the last towns established in the county. Railroad officials are credited with naming the town Prosper because of the prosperous living conditions the area provided. Prosper was incorporated in 1920. Residents and businesses from nearby Rock Hill moved to Prosper after the tracks were built. The area served as a farm market center for area farmers, who produced primarily cotton and corn in the rich agricultural region of the Blackland Prairie.
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