Princeton, TX 75407,10539 County Road 491
Princeton, TX 75407,10539 County Road 491
Princeton, TX 75407,10539 County Road 491
Princeton, TX 75407,10539 County Road 491
Princeton, TX 75407,10539 County Road 491
Princeton, TX 75407,10539 County Road 491
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$ 1,975,000
Est. payment | /mo

16.4 Acres Lot


$ 1,975,000
Est. payment | /mo

16.4 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Subdivision J B Mcclyman Survey

MLS Listing ID 20665182

HOA Y/N None

Year Built 1989

Annual Tax Amount $2,653

Lot Size 16.400 Acres

Acres 16.4

Property Description

This 16.4-acre Princeton Ranch presents a rare investment opportunity, boasting over 500 feet of frontage along CR 491 and convenient access to US 380. Situated within the Princeton ETJ and designated as Suburban Living in the City of Princeton's future use map, the property is strategically positioned next to a planned residential development for 300+ single-family homes. The property currently operates as a horse ranch, featuring a charming 3-bedroom, 2-bathroom main home, an older but well-equipped main horse barn with 17 stalls and 4 tie stalls, as well as two additional hay & equipment barns. Positioned just beyond the city limits with no known restrictions, this prime piece of land offers a promising future for suburban or estate living. With 1 acre designated as a homestead and the remaining 15.4 acres benefiting from an agricultural exemption, this property presents investment opportunity and residential development with endless possibilities.

Location

State TX

County Collin

Zoning ETJ Princeton

Direction From 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 onto CR 490. Follow CR 490 for .6 miles and turn left onto CR 491 go .3 miles property on the left.

Interior

Heating Central, Electric, Wood Stove

Cooling Ceiling Fan(s), Central Air, Electric

Heat Source Central, Electric, Wood Stove

Exterior

Exterior Feature Covered Patio/Porch

Fence Barbed Wire, Fenced, Gate, Perimeter

Utilities Available Asphalt, Co-op Electric, Co-op Water, Outside City Limits, Septic

Street Surface Asphalt

Lot Frontage 515.0

Garage No

Building

Lot Description Acreage, Cleared

Schools

Elementary Schools Godwin

Middle Schools Clark

High Schools Princeton

School District Princeton Isd

Others

Restrictions No Known Restriction(s)

Ownership Upon Request

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo, Survey Available, Utility Easement

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Ross Kallenberg • Keller Williams NO. Collin Cty
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10539 County Road 491