Princeton, TX 75407 811 Countryview Trail

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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 20704223
  • 08/15/2024
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Presented By: Trey LaQuey III with RE/MAX Dallas Suburbs; 469-734-3815
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • Year Built • 2011

Home Details

This is a unique opportunity to own 38.397 acres backing to Lake Lavon & Corps of Engineers land situated in Princeton, a gem for developers or someone looking for a turnkey RV park buisness plus land. Own a fully operational and leased, meticulously maintained RV park & storage business, plus an additional 30+- acres ready for commercial or residential development with stunning lake views. You'll find tranquil lakeside living that backs to Lake Lavon and Army Corps of Engineer land. Located in County, NOT within the city or ETJ - no city taxes. Outside of the city limits, commercial zoning, & pasture land. Per the seller, Property is ready with aerobic septic systems, power & a new 8' water line was just added at the street near the property. Approx 1133 feet of LAKE Lavon frontage to the Corps of Engineers land along the lake which should remain undeveloped & which includes walking access to the waters & shoreline of Lake Lavon. Many new homes are being built in the immediate area. Property is ideal for commercial business, residential, or combo development with lake access. It might be possible to tie into the the nearby sewer development for a fee as other developments are doing. This could allow for high density and multi-story development overlooking the lake. This area is located in the county not city or ETJ. Approx 479 feet of road frontage on Hawthore Drive with pipe fencing and  nice entry drive.  Additional 1 acre may be available for purchase. Princeton TX was just named the 3rd fastest growing city in America by the US Census Bureau. New construction is booming all around this prime real estate opportunity. Lake Lavon offers fishing & boating, swimming & picnicking along its shores. Many new homes are being built in the immediate area.
Presented By: Trey LaQuey III with RE/MAX Dallas Suburbs; 469-734-3815

Interior Features for 811 Countryview Trail

Other Interior Features

FlooringConcrete, Tile
Lock Box TypeNone
SQFT Gross1960
Total Stories1
Total Units59

General for 811 Countryview Trail

Average Monthly Lease550
Building UseOffice/Warehouse, Storage Warehouse
Business NameCountryview
Business TypeHotel/Motel, Mobile/Trailer Park
Ceiling Height8 to10 Feet, 11 to 14 Feet, Other
CityPrinceton
Construction MaterialsMetal Siding, Wood
CoolingCentral Air
CountyCollin
DirectionsFrom Highway 75 take exit and go east on Bethany Drive turns into Lucas Rd. Then 546, turn right at FM982, turn left onto County Road 442, turn right onto Hawthorn Drive, turn left onto Countryview Trail
Gross Annual Expenses1.00
HeatingCentral
Listing Terms1031 Exchange, Cash, Conventional
Number Of Leaseable Spaces59
Number Of Spaces Leased59
Occupant TypeTenant
PossessionNegotiable
Property SubtypeBusiness
Property TypeCommercial Sale
RoofComposition, Metal
Standard StatusActive
StatusActive
Subdivision NameCountryview
Tenant PaysElectricity
Unexempt Taxes11954
UtilitiesAerobic Septic, Electricity Connected, Propane, Rural Water District, Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Year Built2011
Year Built DetailsPreowned
Zoning Descriptioncommercial

Exterior for 811 Countryview Trail

Building Area Total1960.00
Foundation Slab
Lot FeaturesAcreage, Adjacent to Greenbelt, Agricultural, Greenbelt, Landscaped, Many Trees, Pasture, Tank/ Pond, Water/Lake View, Waterfront
Lot Size10 to < 50 Acres
Lot Size Acres38.3970
Lot Size Area38.3970
Lot Size SourcePublic Records
Lot Size Square Feet1672573.3200
Lot Size UnitsAcres
Parking FeaturesAdditional Parking, Boat, Carport, Covered, Driveway, On Site, RV Access/Parking
Road Frontage TypeCounty Road
WaterFront FeaturesLake Front – Corps of Engineers, Lake Front – Main Body
WaterfrontYes

Additional Details

Price History

Suzanne Smith

Broker/Owner
Price $6,900,000
MLS#20704223
List Date 08/15/2024
Property Type Commercial
Phone 903.235.4216
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