Princeton, TX 75407 11193 Cr-496
$1,023,750



3 more



Presented By: Lone Star Land Brokers
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Lone Star Land Brokers
Interior Features for 11193 Cr-496
Other Interior Features
Lock Box TypeNone
General for 11193 Cr-496
CityPrinceton
CountyCollin
Development StatusStreets Installed
DirectionsFrom 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 app
EasementsElectric
Elementary SchoolFarmersville
Elementary School NameFarmersville
HOA TypeNone
High SchoolFarmersville
Junior High SchoolFarmersville
Listing Terms1031 Exchange, Cash
Number Of Lots2
PossessionClosing/Funding
Property SubtypeUnimproved Land
Property TypeLand
RestrictionsNo Known Restriction(s)
School DistrictFarmersville ISD
Standard StatusActive
StatusActive
Subdivision NameDakota Trail
Unexempt Taxes5889
UtilitiesAll Weather Road, Electricity Available
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Zoning Descriptionunzoned- agricultural
current useAgricultural
Exterior for 11193 Cr-496
Lot FeaturesAcreage, Agricultural
Lot Size10 to < 50 Acres
Lot Size Acres13.6500
Lot Size Area13.6500
Lot Size SourcePublic Records
Lot Size Square Feet594594.0000
Lot Size UnitsAcres
VegetationPartially Wooded
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Farmersville Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner
