diff --git a/.changeset/seven-toes-tell.md b/.changeset/seven-toes-tell.md
new file mode 100644
index 00000000..435f8ea9
--- /dev/null
+++ b/.changeset/seven-toes-tell.md
@@ -0,0 +1,8 @@
+---
+"@astrojs/compiler": minor
+---
+
+fixed a bug where the Astro compiler incorrectly handled the 'as' property name in Props interfaces.
+
+This allows Astro components to use 'as' as a prop name (common pattern for polymorphic components) without breaking TypeScript type inference. The Props type is now correctly preserved when destructuring objects with an 'as'
+property.
\ No newline at end of file
diff --git a/internal/js_scanner/js_scanner.go b/internal/js_scanner/js_scanner.go
index 731413d9..f2df00e1 100644
--- a/internal/js_scanner/js_scanner.go
+++ b/internal/js_scanner/js_scanner.go
@@ -229,6 +229,12 @@ func isKeyword(value []byte) bool {
 	return js.Keywords[string(value)] != 0
 }
 
+// isPropsAliasing checks if we're in a Props aliasing context (import { Props as X })
+// rather than destructuring with 'as' property ({ as: Component })
+func isPropsAliasing(idents []string) bool {
+	return len(idents) > 0 && idents[len(idents)-1] == "Props"
+}
+
 func HoistImports(source []byte) HoistedScripts {
 	imports := make([][]byte, 0)
 	importLocs := make([]loc.Loc, 0)
@@ -340,7 +346,8 @@ outer:
 		if js.IsIdentifier(token) {
 			if isKeyword(value) {
 				// fix(#814): fix Props detection when using `{ Props as SomethingElse }`
-				if ident == "Props" && string(value) == "as" {
+				// fix(#927): only reset Props when 'as' follows 'Props' in the same context
+				if ident == "Props" && string(value) == "as" && isPropsAliasing(idents) {
 					start = 0
 					ident = defaultPropType
 					idents = make([]string, 0)
diff --git a/internal/js_scanner/js_scanner_test.go b/internal/js_scanner/js_scanner_test.go
index cfdfc59f..8d16b8f6 100644
--- a/internal/js_scanner/js_scanner_test.go
+++ b/internal/js_scanner/js_scanner_test.go
@@ -775,3 +775,103 @@ func TestGetObjectKeys(t *testing.T) {
 		})
 	}
 }
+
+// propsTestCase represents a test case for GetPropsType
+type propsTestCase struct {
+	name   string
+	source string
+	want   Props
+}
+
+// makeProps is a helper to create Props structs concisely
+func makeProps(ident string, statement string, generics string) Props {
+	return Props{
+		Ident:     ident,
+		Statement: statement,
+		Generics:  generics,
+	}
+}
+
+// getPropsTypeTestCases returns all test cases for GetPropsType
+func getPropsTypeTestCases() []propsTestCase {
+	const defaultType = "Record<string, any>"
+
+	return []propsTestCase{
+		// Basic cases
+		{
+			name:   "no props",
+			source: `const foo = "bar"`,
+			want:   makeProps(defaultType, "", ""),
+		},
+		{
+			name: "interface Props",
+			source: `interface Props {
+				foo: string;
+			}`,
+			want: makeProps("Props", "", ""),
+		},
+		{
+			name: "type Props",
+			source: `type Props = {
+				foo: string;
+			}`,
+			want: makeProps("Props", "", ""),
+		},
+
+		// Generics
+		{
+			name: "Props with generics",
+			source: `interface Props<T> {
+				foo: T;
+			}`,
+			want: makeProps("Props", "<T>", "<T>"),
+		},
+
+		// Issue #927: 'as' prop name handling
+		{
+			name: "destructuring with 'as' prop name without type assertion - issue #927",
+			source: `interface Props {
+				as?: string;
+				href?: string;
+			}
+			const { as: Component, href } = Astro.props;`,
+			want: makeProps("Props", "", ""),
+		},
+		{
+			name: "destructuring with 'as' prop name with type assertion",
+			source: `interface Props {
+				as?: string;
+				href?: string;
+			}
+			const { as: Component, href } = Astro.props as Props;`,
+			want: makeProps("Props", "", ""),
+		},
+	}
+}
+
+// checks if two Props are equal and reports errors
+func assertPropsEqual(t *testing.T, got, want Props, source string) {
+	t.Helper()
+
+	if got.Ident != want.Ident {
+		t.Errorf("Ident mismatch:\n  got:  %q\n  want: %q", got.Ident, want.Ident)
+		t.Logf("Source:\n%s", source)
+	}
+	if got.Statement != want.Statement {
+		t.Errorf("Statement mismatch:\n  got:  %q\n  want: %q", got.Statement, want.Statement)
+	}
+	if got.Generics != want.Generics {
+		t.Errorf("Generics mismatch:\n  got:  %q\n  want: %q", got.Generics, want.Generics)
+	}
+}
+
+func TestGetPropsType(t *testing.T) {
+	tests := getPropsTypeTestCases()
+
+	for _, tt := range tests {
+		t.Run(tt.name, func(t *testing.T) {
+			got := GetPropsType([]byte(tt.source))
+			assertPropsEqual(t, got, tt.want, tt.source)
+		})
+	}
+}
diff --git a/packages/compiler/test/tsx/props.ts b/packages/compiler/test/tsx/props.ts
index 3fc8b104..5034cd06 100644
--- a/packages/compiler/test/tsx/props.ts
+++ b/packages/compiler/test/tsx/props.ts
@@ -289,4 +289,150 @@ export default function __AstroComponent_(_props: Record<string, any>): any {}\n
 	assert.snapshot(code, output, 'expected code to match snapshot');
 });
 
+test('props interface with as property', async () => {
+	const input = `---
+interface Props {
+  as?: string;
+  href?: string;
+}
+---
+
+<div></div>
+`;
+	const output = `${TSXPrefix}
+interface Props {
+  as?: string;
+  href?: string;
+}
+
+{};<Fragment>
+<div></div>
+
+</Fragment>
+export default function __AstroComponent_(_props: Props): any {}
+${PREFIX()}`;
+	const { code } = await convertToTSX(input, { sourcemap: 'external' });
+	assert.snapshot(code, output, 'expected code to match snapshot');
+});
+
+test('props with destructured as property', async () => {
+	const input = `---
+interface Props {
+  as?: string;
+  className?: string;
+}
+
+const { as, className } = Astro.props;
+---
+
+<div class={className}>{as}</div>
+`;
+	const output = `${TSXPrefix}
+interface Props {
+  as?: string;
+  className?: string;
+}
+
+const { as, className } = Astro.props;
+
+<Fragment>
+<div class={className}>{as}</div>
+
+</Fragment>
+export default function __AstroComponent_(_props: Props): any {}
+${PREFIX()}`;
+	const { code } = await convertToTSX(input, { sourcemap: 'external' });
+	assert.snapshot(code, output, 'expected code to match snapshot');
+});
+
+test('props with renamed as property in destructuring', async () => {
+	const input = `---
+interface Props {
+  as?: string;
+}
+
+const { as: element } = Astro.props;
+---
+
+<div>{element}</div>
+`;
+	const output = `${TSXPrefix}
+interface Props {
+  as?: string;
+}
+
+const { as: element } = Astro.props;
+
+<Fragment>
+<div>{element}</div>
+
+</Fragment>
+export default function __AstroComponent_(_props: Props): any {}
+${PREFIX()}`;
+	const { code } = await convertToTSX(input, { sourcemap: 'external' });
+	assert.snapshot(code, output, 'expected code to match snapshot');
+});
+
+test('props interface with as and other properties', async () => {
+	const input = `---
+interface Props extends HTMLAttributes<'div'> {
+  as?: keyof HTMLElementTagNameMap;
+  variant?: 'primary' | 'secondary';
+  size?: 'sm' | 'md' | 'lg';
+}
+
+const { as = 'div', variant = 'primary', size = 'md', ...rest } = Astro.props;
+---
+
+<div data-variant={variant} data-size={size}></div>
+`;
+	const output = `${TSXPrefix}
+interface Props extends HTMLAttributes<'div'> {
+  as?: keyof HTMLElementTagNameMap;
+  variant?: 'primary' | 'secondary';
+  size?: 'sm' | 'md' | 'lg';
+}
+
+const { as = 'div', variant = 'primary', size = 'md', ...rest } = Astro.props;
+
+<Fragment>
+<div data-variant={variant} data-size={size}></div>
+
+</Fragment>
+export default function __AstroComponent_(_props: Props): any {}
+${PREFIX()}`;
+	const { code } = await convertToTSX(input, { sourcemap: 'external' });
+	assert.snapshot(code, output, 'expected code to match snapshot');
+});
+
+test('props type alias with as property', async () => {
+	const input = `---
+type Props = {
+  as?: string;
+  children?: any;
+}
+
+const props = Astro.props as Props;
+---
+
+<div>{props.children}</div>
+`;
+	const output = `${TSXPrefix}
+type Props = {
+  as?: string;
+  children?: any;
+}
+
+const props = Astro.props as Props;
+
+<Fragment>
+<div>{props.children}</div>
+
+</Fragment>
+export default function __AstroComponent_(_props: Props): any {}
+${PREFIX()}`;
+	const { code } = await convertToTSX(input, { sourcemap: 'external' });
+	assert.snapshot(code, output, 'expected code to match snapshot');
+});
+
 test.run();