Princeton, TX 75407 1157 County Road 490
$385,000
![1157 County Road 490 Princeton, TX - Image 1 1157 County Road 490 Princeton, TX - Image 1](https://img.kvcore.com/cdn-cgi/image/fit=scale-down,format=auto,width=900/https://d36xftgacqn2p.cloudfront.net/listingphotos37/20551746-2.jpg)
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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
Lock Box TypeCombo
General for 1157 County Road 490
CityPrinceton
CountyCollin
Development StatusUtilities Installed
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
Documents AvailableAerial Photo
EasementsAccess
Elementary SchoolGodwin
Elementary School NameGodwin
HOA TypeNone
High SchoolPrinceton
Land Lease YNNo
Occupant TypeVacant
PossessionClosing/Funding
Property SubtypeImproved Land
Property TypeLand
RestrictionsNone
School DistrictPrinceton ISD
Standard StatusActive
StatusActive
Subdivision NameMurillo Addition
TopographyFLAT
Unexempt Taxes2130
UtilitiesAsphalt, Co-op Electric, Co-op Water, Electricity Available, Propane, Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1987
Zoning DescriptionETJ Princeton
current useResidential, Single Family, Vacant
Exterior for 1157 County Road 490
Exterior FeaturesStorage
FencingFenced
Lot FeaturesAcreage, Cleared
Lot Size3 to < 5 Acres
Lot Size Acres3.3030
Lot Size Area3.3030
Lot Size SourcePublic Records
Lot Size Square Feet143878.6800
Lot Size UnitsAcres
Road Frontage TypeCounty Road
Road Surface TypeAsphalt
Soil TypeBlack, Clay
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Godwin Elementary School
High School
N/A
Middle School
N/A
![](https://dtzulyujzhqiu.cloudfront.net/allcityrealestate546/profiles/1536937426.jpg)
Kim Wilson
Associate Broker