300 COLE STREET, PRINCETON, TX 75407

Homes for sale in Princeton.

Homes for sale in 75407.


300 Cole Street

Princeton, TX 75407

Status of the property has changed, please contact for details

List Price$4,350,000

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

Listing #21061071

13.78

Acres

Lots / Land

Type

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

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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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