11193 Cr-496, Princeton, TX 75407
11193 Cr-496, Princeton, TX 75407
11193 Cr-496, Princeton, TX 75407
11193 Cr-496, Princeton, TX 75407
11193 Cr-496, Princeton, TX 75407
11193 Cr-496, Princeton, TX 75407
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$ 1,000,000
Est. payment | /mo

13.65 Acres Lot


$ 1,000,000
Est. payment | /mo

13.65 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Dakota Trail

MLS Listing ID 21204371

HOA Y/N None

Annual Tax Amount $5,889

Lot Size 13.650 Acres

Acres 13.65

Property Sub-Type Unimproved Land

Property Description

Prime 13+ acre investment opportunity in rapidly growing NE Princeton located near the planned and proposed Hwy 380 bypass corridor in one of Collin County's fastest expanding development areas. This offering consists of two contiguous properties totaling over 13 acres that will be sold together only and will not be subdivided or split. Princeton continues to experience exceptional residential growth and increasing commercial demand as development expands east along the Hwy 380 corridor, creating strong opportunities for investors, entrepreneurs, and developers seeking land in the path of North Texas growth. The property provides a versatile layout with open space and natural surroundings suitable for a variety of potential concepts including a wedding or event venue, event barn, agritourism destination, seasonal festival property, boutique campground or RV retreat, outdoor recreation venue, contractor yard, landscape nursery, garden center, private retreat, or service based business location. With population growth accelerating throughout Princeton and eastern Collin County, demand continues to increase for local entertainment venues, gathering spaces, recreation destinations, and service businesses supporting the expanding residential population. Electric service is already available onsite. Property will require a private water well as public water is not currently available in this location. Larger acreage tracts in this portion of Princeton are becoming increasingly limited as development pressure moves outward from the Hwy 380 corridor and surrounding communities including McKinney, Farmersville, and the greater North Collin County region. This property offers investors the opportunity to secure a strategic land position in a high growth corridor with strong long term upside potential. Buyer to verify utilities, zoning, development requirements, and all potential uses.

Location

State TX

County Collin

Zoning unzoned- agricultural

Direction From Princeton; MonteCarlo East appr 2mi - out of town M.Carlo becomes FM 1377; Right-S at CR 493- just as FM 1377 curves sharp left; Dakota Trl is 0.3mi on your right. Follow around to right and appr 0.4mi; Property is on your left. google map code- 5HQ2+6WW Princeton, Texas

Exterior

Utilities Available All Weather Road, Electricity Available

Garage No

Building

Lot Description Acreage, Agricultural

Schools

Elementary Schools Farmersville

High Schools Farmersville

School District Farmersville Isd

Others

Restrictions No Known Restriction(s)

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21204371

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Bruce Carr • Lone Star Land Brokers

Schools and Properties Nearby

Jason Abalos
Jason Abalos

Broker Associate | License ID: 0589132

+1(469) 378-8878 | jason@jasonabalos.com

Learn More About LPT Realty

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