111 E MONTE CARLO BOULEVARD, PRINCETON, TX 75407
Homes for sale in Princeton.
Homes for sale in 75407.
List Price$5,100,000
111 E Monte Carlo Boulevard
Princeton, TX 75407
Listing #21336767
About This Property
Positioned in one of the fastest-growing cities in the United States, this exceptional 12.14± acre tract at 111 E. Monte Carlo Blvd presents a compelling development and investment opportunity in Princeton. Located approximately one mile north of U.S. 380 and near the planned U.S. 380 Bypass, the property offers strong visibility, convenient access, and extensive frontage, including approximately 418+ feet along E. Monte Carlo Blvd and an additional 279+ feet along Longneck Rd. Recent retail development directly across street includes The Shops of Monticello, McDonalds, Murphys; Townhomes of Monticello, & Arka Montessori School of Princeton. The surrounding traffic volume further enhances the site's commercial potential, providing valuable exposure for businesses & future developments seeking a prominent location within the rapidly expanding U.S. 380 growth corridor. Princeton's and Collin County's population has increased significantly in recent years. This continued expansion reflects one of the strongest growth markets in Texas and across the nation. Strong household incomes, an expanding workforce, highly regarded Princeton ISD schools, and ongoing residential, retail, and commercial development continue to support demand throughout the area. With its size, frontage, visibility, and strategic location, the property is well positioned for a wide range of potential uses, including commercial or retail development, restaurants, child care, automotive services, self-storage, mixed-use projects, office or medical space, senior housing, build-to-rent communities, residential development, service-based businesses, or long-term investment, subject to applicable approvals and buyer due diligence. Conveniently located near Downtown Princeton & within easy reach of McKinney, Anna, Melissa, Farmersville, Allen, Frisco, Plano, & the greater DFW Metroplex, this rare offering provides exceptional access to one of North Texas' most dynamic and rapidly expanding markets.
Property Features
Location Information
County
Collin
Subdivision
A0166
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Available, Electricity Connected, Propane, Overhead Utilities, Sewer Available, Separate Meters, Water Available
Current Use
Development, Other, See Remarks, Vacant
Fencing
Cross Fenced, Fenced
Possible Best Use
Commercial, Development, In
Other Structures
Second Residence, Residence, Shed(s), Storage, Workshop, Barn(s)
Zoning
PD37
Horse Amenities
Barn, Loafing Shed
Development Status
Other, Site Plan Approved, Zoned
Lot Description
Acreage, Interior Lot, Pasture, Pond on Lot, Few Trees, City Lot
Road Description
City Street, Easement, Concrete, Asphalt, Gravel
Lot Size in Acres
12.14
Is One Story
No
Lot Size in Sq. Ft.
528,818
Lot Description
Acreage, Interior Lot, Pasture, Pond on Lot, Few Trees, City Lot
School
Elementary School District
Princeton ISD
Jr. High School
Southard
Elementary School
Lacy
High School
Lovelady
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Improved Land
Community Features
Curbs
Status
Active
Documents Available
Other, Aerial, Survey
Similar Listings
Mortgage Calculator
$23,818
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$18,378
Monthly Tax
$4,250
Monthly Insurance
$1,190
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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