View from Monte Carlo Blvd road frontage
Active

111 E Monte Carlo Boulevard

Princeton, Texas 75407
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Acres12.14

Acres(Lot)

Positioned in one of the fastest-growing cities in the United States, this exceptional 12.14± acre tract at 111 E. Monte Carlo Blvd presents a compelling development and investment opportunity in Princeton. Located approximately one mile north of U.S. 380 and near the planned U.S. 380 Bypass, the property offers strong visibility, convenient access, and extensive frontage, including approximately 418+ feet along E. Monte Carlo Blvd and an additional 279+ feet along Longneck Rd. Recent retail development directly across street includes The Shops of Monticello, McDonalds, Murphys; Townhomes of Monticello, & Arka Montessori School of Princeton. The surrounding traffic volume further enhances the site’s commercial potential, providing valuable exposure for businesses & future developments see king a prominent location within the rapidly expanding U.S. 380 growth corridor. Princeton’s and Collin County's population has increased significantly in recent years. This continued expansion reflects one of the strongest growth markets in Texas and across the nation. Strong household incomes, an expanding workforce, highly regarded Princeton ISD schools, and ongoing residential, retail, and commercial development continue to support demand throughout the area. With its size, frontage, visibility, and strategic location, the property is well positioned for a wide range of potential uses, including commercial or retail development, restaurants, child care, automotive services, self-storage, mixed-use projects, office or medical space, senior housing, build-to-rent communities, residential development, service-based businesses, or long-term investment, subject to applicable approvals and buyer due diligence. Conveniently located near Downtown Princeton & within easy reach of McKinney, Anna, Melissa, Farmersville, Allen, Frisco, Plano, & the greater DFW Metroplex, this rare offering provides exceptional access to one of North Texas’ most dynamic and rapidly expanding markets.

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Detail Ic Property Details

Property Type : Land

Price : $5,100,000

AD Id : 89166675

MLS Id : 568427005

Lot Size : 12.14 Acres(Lot)

County : Collin

Subdivision: Heritage Village Ph 2

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Feature Features

  • Utilities

    Asphalt,City Sewer,City Water,Concrete,Curbs,Electricity Available,Electricity Connected,Gravel/Rock,Individual Water Meter,Overhead Utilities,Propane

  • Fencing

    Cross Fenced,Fenced

  • Lot Information

    Lot Size (Acr): 12.1400 Lot Size Units: Acres Lot Size Square Feet: 528,818 Lot Features: Acreage,Few Trees,Interior Lot,Pasture,Tank/ Pond
  • Property Information

    Property Type: Land Property Sub Type: Improved Land Subdivision: A0166 City: Princeton State: Texas Directions: GPS Address Property Status: Active

  • Listing Price Information

    Original List Price: $5,100,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 2977720 Tax Legal Description: ABS A0166 DAVID CHERRY SURVEY, SHEET 6, TRACT 8

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Lacy Middle School: Southard High School: Lovelady School District: Princeton ISD
  • Utility Information

    Utilities: Asphalt,City Sewer,City Water,Concrete,Curbs,Electricity Available,Electricity Connected,Gravel/Rock,Individual Water Meter,Overhead Utilities,Propane
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3305 Sweetwater Road, Princeton, TX, 75407 $259,000 -- -- -- 1 Acre(Lot)
LOT 2 Cr 561, Princeton, TX, 75407 $179,000 -- -- -- 1 Acre(Lot)
LOT 32 Harvest Way, Princeton, TX, 75407 $249,000 -- -- -- 1.04 Acres(Lot)
3400 Majestic Way, Princeton, TX, 75407 $269,000 -- -- -- 1.20 Acres(Lot)
6104 Pinnacle Street, Princeton, TX, 75407 $299,000 -- -- -- 1.05 Acres(Lot)
3501 Sweetwater Drive, Princeton, TX, 75407 $199,900 -- -- -- 1 Acre(Lot)
3414 Harvest Way, Princeton, TX, 75407 $319,000 -- -- -- 2.59 Acres(Lot)
11193 Dakota Trail Trl, Princeton, TX, 75407 $1,000,000 -- -- -- 13.65 Acres(Lot)
11193 Cr-496, Princeton, TX, 75407 $1,000,000 -- -- -- 13.65 Acres(Lot)
0004 County Road 496, Princeton, TX, 75407 $278,750 -- -- -- 2.23 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/23/2026 @ 06:59

MLS: 568427005 LISTED BY: Susan Zachary, eXp Realty LLC 817-858-0055 SOURCE: NTREIS - North Texas Real Estate Information

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