Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1989
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric, Wood Stove
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cleared
-
Lot Size(acres)
16.4
-
Property Type
Farm
-
Property Sub Type
Ranch
Price
-
Sales Price
$1,975,000
-
Tax Amount
$2,653
-
Zoning
ETJ Princeton
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Godwin
-
Middle School
Clark
-
High School
Princeton
Property Features
-
Sewer
Septic Tank
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Location
County
Collin
Elementary School
Godwin
Middle School
Clark
High School
Princeton
Listing Courtesy of Ross Kallenberg , Keller Williams NO. Collin Cty
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