200 CYPRESS BEND PARKWAY, PRINCETON, TX 75407

Homes for sale in Princeton.

Homes for sale in 75407.


Active

List Price$5,433,497

200 Cypress Bend Parkway

Princeton, TX 75407

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21333351

13,500

Square Feet

12

Number of Units

Commercial

Type

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

Walk Score

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