300 COLE STREET, PRINCETON, TX 75407
Homes for sale in Princeton.
Homes for sale in 75407.
300 Cole Street
Princeton, TX 75407
List Price$4,350,000
Listing #21061071
About This Property
Vanguard Real Estate Advisors ("VREA") has been exclusively retained to offer the opportunity to purchase a 13.775+- acre zoned build-to-rent development Site along Cole Street and East Hazelwood Street (County Road 456) in Princeton, TX ("the Site"). Currently in-place is a preliminary plat for 142 cottage style units. However, the Site can potentially accommodate up to 156 units per the base zoning. The Site is already zoned MF-2 through PD-13 and the Seller has near completed construction plans for the project that will be conveyed at Closing. Additionally, the Seller has indicated that this property is exempt from the city-wide development moratorium. This well-located Site is a great opportunity to acquire a development parcel at an attractive price of only $7.25 per square foot.
Property Features
Location Information
County
Collin
Subdivision
NA
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Sewer Available, Water Available
Zoning
MF-2
Utilities
Sewer Available, Water Available
Development Status
Zoned
Lot Description
Acreage
Is One Story
No
Lot Size in Acres
13.775
Lot Description
Acreage
Lot Size in Sq. Ft.
600,039
School
Elementary School District
Princeton ISD
Jr. High School
Clark
Elementary School
Lacy
High School
Lovelady
Additional Information
Property Type
LL
Status
Active
Property SubType
Unimproved Land
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$20,315
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$15,675
Monthly Tax
$3,625
Monthly Insurance
$1,015
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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