Land for Sale in Princeton, Texas
1157 County Road 490 Princeton, TX 75407
Developer and Investor Special THE VALUE IS IN THE LAND This 3.3-acre opportunity has incredible potential with direct access to CR 490 & US 380. The existing distressed home (1987 3 BR & 2 BA - 1650 sq ft) can be revitalized as a rental or demolished as part of a future development or strategic piece to a larger future development. This land lies within the Princeton ETJ location, but just outside the city limits with no known restrictions and the future land use is suburban and estate living. Don't miss out on this opportunity to capitalize on Princeton's thriving development. With easy access to HWY 380 and just minutes from shops, restaurants, schools, and Lake Lavon. Enjoy the best of both worlds: the tranquility of country living and the convenience of city amenities. Prime location, prime investment! Don't miss this chance to own a piece of the future. Distressed home with 3 BR & 2 BA and all other structures convey with the property; A new survey will be needed.
Directions
From McKinney, travel east on US 380 towards Princeton, turn right onto CR 457 Continue south on CR 457 about .2 mile and turn left on CR 456. Continue east on CR 456 for about a mile and turn right onto CR 490. Follow CR 490 south and property will be on the left. Or use GPS
Property details
- County
- Collin County
- Community
- Murillo Addition
- Elevation
- 551 feet
- MLS Number
- NTREIS 20551746
- Date Posted
Legal description
ABS A0640 J B MCCLYMAN SURVEY, TRACT 17, 3.0
Parcels
- R664000001701
Resources
Detailed attributes
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Exterior
- Fencing
- Fenced
- Features
- Fence, Storage
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Godwin | Elementary | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 15, 2024 | Price drop | $385,000 | $14,000 -3.5% | NTREIS |
| May 30, 2024 | Price drop | $399,000 | $26,000 -6.1% | NTREIS |
| Apr 22, 2024 | Price drop | $425,000 | $20,000 -4.5% | NTREIS |
| Mar 5, 2024 | New listing | $445,000 | — | NTREIS |