Thank you
Ross Kallenberg
Keller Williams NO. Collin Cty
800-257-1242
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.
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Asphalt,Co-op Electric,Co-op Water,Electricity Available,Propane,Septic
Built Year: 1987
Storage
Fenced
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 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
Original List Price: $425,000
Possession: Closing/Funding
Parcel Number: R664000001701
Tax Legal Description: ABS A0640 J B MCCLYMAN SURVEY, TRACT 17, 3.0
Tax Lot: 17
Unexempt Taxes: $2,130
HOA Type: None
Elementary School: Godwin
Middle School: Clark
High School: Princeton
School District: Princeton ISD
Utilities: Asphalt,Co-op Electric,Co-op Water,Electricity Available,Propane,Septic
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 |
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.