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$142,900 Sale Pending
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Property Description
Excellent opportunity to secure a value-add property in one of Princeton's fastest growing corridors near Hwy 380. Positioned in an area transitioning toward commercial growth with Highway Commercial zoning, this property offers strong potential for investors, landlords, business owners, or future redevelopment. The home features 3 bedrooms, 1 bathroom, 2 living areas, covered parking, and a functional layout with flexibility for a variety of future uses. Previously tenant occupied for several years with strong long-term investment potential and opportunity for future value growth. Surrounded by ongoing development, retail growth, and commercial expansion, this property is ideally located for both short and long-term investment strategies. Conveniently located near schools, shopping, dining, and major thoroughfares with easy access to Hwy 380. Property to be sold as-is, seller to make no repairs. Buyer and buyer's agent to independently verify all information, zoning, measurements, and future development possibilities with the City of Princeton.
Full Property Details
Full Property Details for 122 McGee St
General
- Price: $142,900
- Taxes: $3,341
- Status: Pending
- Type: Single Family
- Source: NTREIS
- MLS ID: 21262154
- Updated: 5/20/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, High Speed Internet, Pantry
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Wood Burning
- Appliances: Dishwasher, Electric Range, Refrigerator, Vented Exhaust Fan
- Flooring: Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Front Porch, Patio, Covered
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Carport, Driveway
Location
- County: Collin
- Subdivision: T F Brown Add
- Driving Directions: GPS friendly. Sign in yard! Call agent with any issues.
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Lacy
- Middle School: Clark
- High School: Lovelady
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Roof: Composition, Shingle
- Stories/Levels: 1
- Living Area: 1,296 Sq. Ft.
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147.6
- Lot Size Source: Public Records
- Lot Features: Interior Lot
- Trees/Vegetation: Grassed, Partially Wooded
- Fencing (Description): Back Yard, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $3,341
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: T F BROWN ADDITION (CPN), LOT OL 1 & OL 4
- Property ID: R095700000011
- Lot Number: OL
Listed by Citiwide Alliance Realty, Ashlyn Dover
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Schools
Schools serving 122 McGee St
School District:Princeton Independent School District
| Name | Grades | Distance |
|---|---|---|
Lacy Elementary School 224 East College Street, Princeton, TX 75407 | PK-5 | 0.6 mi |
Southard Middle 455 Monte Carlo Boulevard, Princeton, TX 75407 | 6-8 | 1.1 mi |
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 McGee St
Date
Details
Price
Change
Source
5/08/2026
Listed
$142,900
—
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 122 McGee St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,341
-4%
$177,913
-5%
2023
$3,494
35%
$187,846
4%
2022
$2,580
—
$181,223
55%
2022
$2,580
7%
$116,682
12%
2021
$2,419
-10%
$104,607
-7%
2020
$2,683
1%
$112,977
6%
2019
$2,654
-5%
$106,123
-2%
2018
$2,781
52%
$108,159
53%
2017
$1,828
34%
$70,789
35%
2016
$1,367
9%
$52,583
10%
2015
$1,252
8%
$47,803
10%
2014
$1,155
-2%
$43,457
-5%
2013
$1,179
—
$45,866
—
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 122 McGee St
122 McGee Street, Princeton, TX 75407 (MLS# 21262154) is a Single Family property with 3 bedrooms and 1 full bathroom. 122 McGee Street is currently listed for $142,900 and was received on May 08, 2026. Want to learn more about 122 McGee Street? Do you have questions about finding other Single Family real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

