111 E MONTE CARLO BOULEVARD, PRINCETON, TX 75407

Homes for sale in Princeton.

Homes for sale in 75407.


Active

List Price$5,100,000

111 E Monte Carlo Boulevard

Princeton, TX 75407

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Listing #21336767

12.14

Acres

Lots / Land

Type

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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