Listing provided courtesy of Lone Star Land Brokers- MLS# 21204371MLS ProviderContact Information: Bruce Carr

11193 Cr-496Princeton, TX 75407

Vacant Land · 13.65 Acres
$1,023,750 Active

11193 Cr-496 Overview

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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.

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11193 Cr-496 Facts & Features

  • Type Vacant Land
  • Lot 13.65 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Farmersville ISD
  • Elementary School: Farmersville
  • High School: Farmersville

Business Information

  • Current Use: Agricultural

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: PRINCETON
  • Subdivision Name: Dakota Trail

Community/Development

  • Development Status: Streets Installed

Tax Information

  • Tax Annual Amount: 5889.0

General Information

  • Listing Terms: Cash,1031 Exchange
  • Parcel Number: R693600509401
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Senior Community: No

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Agricultural
  • Lot Size Acres: 13.65
  • Lot Size Area: 13.65
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 594594.0
  • Lot Size Units: Acres
  • Number Of Lots: 2
  • Vegetation: Partially Wooded

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: All Weather Road
  • Utilities: Electricity Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

11193 Cr-496 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

11193 Cr-496 Market Data

Based on the last 30 days in this zip code

$338,509
Average List Price
$172
Average Price per Square Foot
108
Properties Sold
169
Average Days on Market
1,025
Properties for Sale
Calculations provided by Reliance Network


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