• 1157 County Road 490 Princeton, Texas 75407

  • $425,000
  • 0
    Sq Ft
  • 3.303
    Acres

Developer and Investor Special **THE VALUE IS IN THE LAND ** This 3.3-acre opportunity has incredible potential with direct access to CR 490 & US 380. The existing distressed home (1987 3 BR & 2 BA - 1650 sq ft) can be revitalized as a rental or demolished as part of a future development or strategic piece to a larger future development. This land lies within the Princeton ETJ location, but just outside the city limits with no known restrictions and the future land use is suburban and estate living. Don't miss out on this opportunity to capitalize on Princeton’s thriving development. With easy access to HWY 380 and just minutes from shops, restaurants, schools, and Lake Lavon. Enjoy the best of both worlds: the tranquility of country living and the convenience of city amenities. Prime location, prime investment! Don't miss this chance to own a piece of the future. Distressed home with 3 BR & 2 BA and all other structures convey with the property; A new survey will be needed.

Property Type :

Land

Subdivision :

Blk: 4 Lot: 2 Addn: Van West

County :

Collin

Style :

Land

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Property Details

 

Utilities

Asphalt,Co-op Electric,Co-op Water,Electricity Available,Propane,Septic

Building Information

Built Year: 1987

Exterior Features

Storage

Fencing

Fenced

Lot Information

Lot Size (Acr): 3.3030

Lot Size Units: Acres

Lot Size Square Feet: 143878.6800

Lot Size Source: Public Records

Lot Features: Acreage,Cleared

Property Information

Property Type: Land

Property Sub Type: Improved Land

Subdivision: Murillo Addition

City: Princeton

State: Texas

Directions: From McKinney, travel east on US 380 towards Princeton, turn right onto CR 457 Continue south on CR 457 about .2 mile and turn left on CR 456. Continue east on CR 456 for about a mile and turn right onto CR 490. Follow CR 490 south and property will be on the left. Or use GPS

Property Status: Active

Property Age: 37

Listing Price Information

Original List Price: $425,000

Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: R664000001701

Tax Legal Description: ABS A0640 J B MCCLYMAN SURVEY, TRACT 17, 3.0

Tax Lot: 17

Unexempt Taxes: $2,130

Homeowners Association Information

HOA Type: None

School Information

Elementary School: Godwin

Middle School: Clark

High School: Princeton

School District: Princeton ISD

Utility Information

Utilities: Asphalt,Co-op Electric,Co-op Water,Electricity Available,Propane,Septic

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7854 County Road 438, Princeton, TX,75407 $1,230,000 4 3 3,087 2.218 Acres
0000 County Road 895, Princeton, TX,75407 $130,000 -- -- -- 0.12 Acre
0000 County Road 896, Princeton, TX,75407 $160,000 -- -- -- 0.51 Acre
TBD County Road 392, Princeton, TX,75407 $350,000 -- -- -- 2.06 Acres
4703 Fm 982 #LOT 1, Princeton, TX,75407 $1,190,000 -- -- -- 4 Acres
TBD County Road 561, Princeton, TX,75407 $249,900 -- -- -- 2.332 Acres
1491 County Road 456, Princeton, TX,75407 $5,700,000 4 2 1,477 20 Acres
LOT 1 Harvest Way, Princeton, TX,75407 $249,000 -- -- -- 1.199 Acres
LOT 2 Harvest Way, Princeton, TX,75407 $259,000 -- -- -- 1.001 Acre
LOT 3 Harvest Way, Princeton, TX,75407 $259,000 -- -- -- 1.001 Acre
MLS Logo

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 2024. All rights reserved

ByOwner last updated this listing 05/13/2024 @ 15:28

MLS: 436687518
LISTED BY: Ross Kallenberg, Keller Williams NO. Collin Cty
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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