Princeton, TX 75407 1157 County Road 490
$365,000
1 more
Presented By: Ross Kallenberg with Keller Williams NO. Collin Cty; 972-562-8883
Home Details
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.
Presented By: Ross Kallenberg with Keller Williams NO. Collin Cty; 972-562-8883
Interior Features for 1157 County Road 490
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 1157 County Road 490
Additional Parcels Y/NNo
Attached Garage No
AttributionContact972-562-8883
Body of WaterLavon
Carport Y/NNo
CityPrinceton
CountyCollin
Current UseResidential, SingleFamily, Vacant
DirectionsFrom McKinney, travel east on US 380 towards Princeton, turn right onto CR 457 Continue south on CR 457 about .2 mile and turn left on CR 456. Continue east on CR 456 for about a mile and turn right o
Electric On Property Y/NNo
Elementary SchoolGodwin
Elementary School DistrictPrinceton ISD
Garage Y/NNo
HOANo
High SchoolPrinceton
High School DistrictPrinceton ISD
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionABS A0640 J B MCCLYMAN SURVEY, TRACT 17, 3.0
Lot Size Square Feet143878.68
Lot Size UnitsAcres
Middle/Junior High SchoolClark
Middle/Junior School DistrictPrinceton ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-03-18T12:09:31.480-00:00
New ConstructionNo
Occupancy TypeVacant
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalImprovedLand
Property SubtypeImprovedLand
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerSepticTank
Standard StatusActive
StatusActive
Subdivision NameMurillo Addition
Tax Annual Amount2130.0
Tax Lot17
TopographyLevel
UtilitiesElectricityAvailable, Propane, SepticAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1987
Zoning DescriptionETJ Princeton
Exterior for 1157 County Road 490
Crops Included Y/NNo
Exterior AmenitiesStorage
FencingFenced
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesAcreage, Cleared, Flat
Lot Size Acres3.303
Lot Size Area3.303
Lot Size SourcePublicRecords
Open Parking Y/NNo
Road Frontage TypeCountyRoad
Road Surface TypeAsphalt
SpaNo
Water SourceCommunityCoop
