200 CYPRESS BEND PARKWAY, PRINCETON, TX 75407
Homes for sale in Princeton.
Homes for sale in 75407.
List Price$5,433,497
200 Cypress Bend Parkway
Princeton, TX 75407
Listing #21333351
About This Property
Rare opportunity to acquire a portfolio of 12 office condominiums located at 200 Cypress Bend Pkwy in Princeton, Texas. All 12 units are currently occupied and cash flowing, providing an investor with immediate income from a stabilized commercial asset. The office condos are situated in a rapidly growing North Texas market with convenient access to US Highway 380 and major regional employment centers, and McKinney National Airport. The property offers a diversified tenant base across multiple individually leased office units, providing an attractive combination of current cash flow and long-term appreciation potential. This is an ideal opportunity for an investor seeking a turnkey commercial real estate asset with established occupancy and income in one of the fastest-growing areas of Collin County. Financial information, leases, and additional property details are available upon request. All information is deemed reliable but not guaranteed and should be independently verified by the buyer.
Property Features
Location Information
County
Collin
Subdivision
Princeton Office Condo
Interior Features
Has Fireplace
No
Floors
Combination
Heating
Central, Electric
Tenant Pays
All Utilities, Common Area Maintenance, Other
Cooling
Central Air, Electric
Total Number of Units
12
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
62,160
Foundation
Slab
Possible Best Use
Office
Roof
Composition
Zoning
Commercial
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
13,500
Parking Description
Common
Is One Story
No
Lot Size in Acres
1.427
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
69528.0
Property SubType
Office
Lot Acres Source
Assessor
Year Built
2022
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Mortgage Calculator
$25,373
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$19,579
Monthly Tax
$4,527
Monthly Insurance
$1,267
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
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