11193 CR-496, PRINCETON, TX 75407
Homes for sale in Princeton.
Homes for sale in 75407.
11193 Cr-496
Princeton, TX 75407
List Price$1,023,750
Listing #21204371
13.65
Acres
Lots / Land
Type
About This Property
Prime 13+ acre investment opportunity in rapidly growing NE Princeton located near the planned and proposed Hwy 380 bypass corridor in one of Collin County's fastest expanding development areas. This offering consists of two contiguous properties totaling over 13 acres that will be sold together only and will not be subdivided or split. Princeton continues to experience exceptional residential growth and increasing commercial demand as development expands east along the Hwy 380 corridor, creating strong opportunities for investors, entrepreneurs, and developers seeking land in the path of North Texas growth. The property provides a versatile layout with open space and natural surroundings suitable for a variety of potential concepts including a wedding or event venue, event barn, agritourism destination, seasonal festival property, boutique campground or RV retreat, outdoor recreation venue, contractor yard, landscape nursery, garden center, private retreat, or service based business location. With population growth accelerating throughout Princeton and eastern Collin County, demand continues to increase for local entertainment venues, gathering spaces, recreation destinations, and service businesses supporting the expanding residential population. Electric service is already available onsite. Property will require a private water well as public water is not currently available in this location. Larger acreage tracts in this portion of Princeton are becoming increasingly limited as development pressure moves outward from the Hwy 380 corridor and surrounding communities including McKinney, Farmersville, and the greater North Collin County region. This property offers investors the opportunity to secure a strategic land position in a high growth corridor with strong long term upside potential. Buyer to verify utilities, zoning, development requirements, and all potential uses.
Property Features
Location Information
County
Collin
Subdivision
Dakota Trail
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Electricity Available
Zoning
unzoned- agricultural
Utilities
Electricity Available
Development Status
Streets Installed
Lot Description
Acreage, Agricultural
Road Description
All Weather Road
Lot Size in Acres
13.65
Is One Story
No
Lot Size in Sq. Ft.
594,594
Lot Description
Acreage, Agricultural
Current Use
Agricultural
School
Elementary School District
Farmersville ISD
High School
Farmersville
Elementary School
Farmersville
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Tax Annual Amount
5889.0
Status
Active
Lot Acres Source
Public Records
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Mortgage Calculator
$4,780
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,689
Monthly Tax
$853
Monthly Insurance
$238
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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