FM75 MCKINNEY, PRINCETON, TX 75407

Homes for sale in Princeton.

Homes for sale in 75407.


Active

List Price$8,900,000

FM75 Mckinney

Princeton, TX 75407

Listing #21168636

16.13

Acres

Lots / Land

Type

About This Property

Exceptional 16.1-Acre Multifamily Development Site -- Princeton, TX Fully Entitled Fully Engineered 400 Units Fastest-Growing City in the U.S. Presenting a premier development opportunity in the heart of Princeton, Texas -- the fastest-growing city in the United States, with a staggering 30.6% population increase between July 2023 and July 2024. This 16.1-acre multifamily site is fully entitled, fully engineered, and shovel-ready for the construction of 400 units, making it an unparalleled offering in today's high-demand housing market. Strategically located in Collin County -- one of the fastest-growing counties in America -- this property positions developers at the epicenter of growth within the dynamic Dallas-Fort Worth metroplex, one of the strongest real estate markets in the nation.

Property Features

Location Information

County

Collin

Subdivision

David Cherry Surv Abs #166

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Sewer Available

Zoning

Mutlifamily

Lot Description

Acreage

Development Status

Other, Zoned

Lot Size in Acres

16.134

Road Description

Asphalt

Lot Size in Sq. Ft.

702,797

Is One Story

No

Current Use

Multi-Family

Lot Description

Acreage

School

Elementary School District

Princeton ISD

Jr. High School

Southard

Elementary School

Godwin

High School

Lovelady

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Tax Annual Amount

79191.0

Status

Active

Similar Listings

Mortgage Calculator

$41,563

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$32,071

Monthly Tax

$7,416

Monthly Insurance

$2,076

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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