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1157 County Road 490, Princeton, TX 75407
$425,000
1157 County Road 490, Princeton, TX 75407View this property at 1157 County Road 490, Princeton, TX 75407
1157 County Road 490PrincetonTX75407
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Property Description
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.
Full Property Details
Full Property Details for 1157 Co Rd 490
General
- Price: $425,000
- Taxes: $2,130
- Status: Active
- Type: Lots/Land
- MLS ID: 20551746
- Updated: 4/22/2024
- Added to Site: 55 day(s) ago
Exterior
- Exterior Features: Storage
Location
- County: Collin
- Subdivision: Murillo Addition
- Driving Directions: 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 south and property will be on the left. Or use GPS
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Godwin
- Middle School: Clark
- High School: Princeton
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Electricity Available, Propane, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family, Vacant
- Year Built: 1987
Lot Features
- Lot Size (Acres): 3.303
- Lot Size (Sq. Ft.): 143,878.68
- Lot Size Source: Public Records
- Frontage: County Road, Asphalt
- Topography: Level
- Lot Features: Acreage, Cleared, Flat
- Zoning: ETJ Princeton
- Fencing (Description): Fenced
Water Features
- Water Front Name: Lavon
Financial Considerations
- Tax Amount: $2,130
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Documents Avail.: Aerial
- Legal Description: ABS A0640 J B MCCLYMAN SURVEY, TRACT 17, 3.0
- Property ID: R664000001701
- Lot Number: 17
Listed by Keller Williams NO. Collin Cty, Ross Kallenberg
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Schools
Schools serving 1157 Co Rd 490
School District:Princeton Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
1019 N 6th St, Princeton, TX 75407 | PK-5 | 2.7 mi | |
301 Panther Pkwy, Princeton, TX 75407 | 6-8 | 2.2 mi | |
1000 E Princeton Dr, Princeton, TX 75407 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1157 Co Rd 490
Date
Details
Price
Change
Source
4/22/2024
Price Reduced
$425,000
-4.49%
MLS
3/05/2024
Listed
$445,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1157 Co Rd 490
Year
Property Taxes
Change
Tax Assessment
Change
2022
100%
$377,328
16%
2021
100%
$326,005
71%
2020
100%
$190,997
1%
2019
-100%
$189,044
93%
2019
$1,784
7%
$97,752
10%
2018
$1,672
9%
$88,865
10%
2017
$1,529
9%
$80,786
10%
2016
$1,402
2%
$73,442
3%
2015
$1,376
4%
$71,428
4%
2014
$1,327
11%
$68,504
5%
2013
$1,191
—
$65,016
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1157 Co Rd 490
1157 County Road 490, Princeton, TX 75407 (MLS# 20551746) is a Lots/Land property with a lot size of 3.303 acres. 1157 County Road 490 is currently listed for $425,000 and was received on March 05, 2024. Want to learn more about 1157 County Road 490? Do you have questions about finding other Lots/Land real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.