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Pending
  • Price cut: $51K (2/28)
    $699,000

    625 Simpson Rd, Princeton, TX 75407

    --beds
    --baths
    1.86Acres
    : 
    Improved Land
    Built in 2019
    1.86 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Heavy insulated construction
    Discover the perfect blend of space, versatility, and prime location with this rare 1.86-acre property located outside city limits in the ETJ—meaning no city taxes. This unique opportunity features a 3,200 sq. ft. steel-constructed shop built for durability and performance, offering 20-foot-tall walls and a 24-foot peak, heavy insulated construction, and oversized access points ideal for a wide range of uses. The 40' x 80' shop is equipped with three garage doors—two measuring 12' x 12' and a third measuring 14' x 12'—providing excellent clearance for large vehicles, equipment, or commercial operations. The building also includes electricity, water, and an on-site sewer facility, ensuring immediate functionality for business, storage, workshop needs, or hobby pursuits. Located just moments from University Blvd, the property offers outstanding accessibility while still delivering the space, privacy, and flexibility that larger acreage provides. Opportunities like this are rare in fast-growing Princeton—don’t miss your chance to secure a highly functional, tax-advantaged property in a prime location. Information provided is deemed reliable, but is not guaranteed and should be independently verified by the buyer.
    176 days
    |
    25
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John Martellini 0635666 214-592-9600,

    Texas Elite Realty 214-592-9600

    Source: NTREIS,MLS#: 21117650

      Facts & features

      Interior

      Video & virtual tour

      Property

      Lot
      • Size: 1.86 Acres
      • Features: Interior Lot, Level, Few Trees
      Details
      • Parcel number: R213100001401
      • Zoning description: ETJ

      Utilities & green energy

      • Sewer: Aerobic Septic, Public Sewer
      • Water: Public
      • Utilities for property: Sewer Available, Septic Available, Underground Utilities, Water Available

      Community & HOA

      Community
      • Subdivision: A E Mcgraw Sub
      HOA
      • Has HOA: No
      Location
      • Region: Princeton

      Financial & listing details

      • Tax assessed value: $435,429
      • Annual tax amount: $4,556
      • Date on market: 11/20/2025
      • Cumulative days on market: 120 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,110/mo

        Price history

        DateEventPrice
        4/6/2026Pending sale$699,000
        Source: NTREIS #21117650 Report a problem
        4/2/2026Listed for sale$699,000
        Source: NTREIS #21117650 Report a problem
        3/31/2026Pending sale$699,000
        Source: NTREIS #21117650 Report a problem
        2/28/2026Price change$699,000-6.8%
        Source: NTREIS #21117650 Report a problem
        11/20/2025Listed for sale$750,000
        Source: NTREIS #21117650 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,479 +116.1%$316,870 +20%
        2024$3,923 +19.8%$264,058 +20%
        2023$3,274 +23.7%$220,048 +39.3%
        2022$2,648 +79.9%$157,927 +83.5%
        2021$1,472 -4.1%$86,081 -3.3%
        2020$1,535 +80.9%$89,060 +91.5%
        2019$848 -3.1%$46,500
        2018$875 +23.2%$46,500 +25%
        2017$710 $37,200
        2016$710 -1.4%$37,200
        2015$721 $37,200
        2014$721 $37,200
        2013-- $37,200
        2012-- $37,200
        2011-- $37,200
        2010-- $37,200
        2009-- $37,200 -20%
        2008-- $46,500 +85.2%
        2007-- $25,110
        2006-- $25,110
        2005-- $25,110
        2004-- $25,110
        2003-- $25,110
        2002-- $25,110 +12.5%
        2001-- $22,320
        2000-- $22,320

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 75407

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Lowe
          • Middle: Clark
          • District: Princeton ISD

          Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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