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.
Lot/land
Price cut: $29K (7/12)
$320,000
1157 County Road 490, Princeton, TX 75407
--beds
--baths
3.3Acres
Improved Land
Built in 1987
3.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 536 days
- on Zillow |
- 249 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: July 12, 2025 at 06:38am
Listed by:
Ross Kallenberg 0788795 972-562-8883,
Keller Williams NO. Collin Cty 972-562-8883
Source: NTREIS,MLS#: 20551746
Travel times
Facts & features
Interior
Video & virtual tour
Property
Features
- Exterior features: Storage
- Fencing: Fenced
- Body of water: Lavon
Lot
- Size: 3.3 Acres
- Features: Acreage, Cleared, Flat
- Topography: Level
Details
- Parcel number: R664000001701
- Zoning description: ETJ Princeton
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: Electricity Available, Propane, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Murillo Addition
HOA
- Has HOA: No
Location
- Region: Princeton
Financial & listing details
- Tax assessed value: $355,079
- Annual tax amount: $2,130
- Date on market: 3/6/2024
- Electric utility on property: Yes
- Road surface type: Asphalt
- Loading