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Property Description
This 18.65 Acre family farm, currently with ag exemption, is ready to become a majestic homesite or perhaps a small residential community and-or commercial sites with the future growth in northeast Princeton. As a pro-growth & pro-development community, we are looking for like-minded residents & business owners. Located across the east end of the future Sicily Lagoon, this location will be a hot area in the years to come. Whether looking to build one beautiful home or create several homesites, this property uniquely backs up to the US Corp of Engineer property. The Corp of Engineers make for great neighbors, low traffic, typically no residential or commercial buildings, and some special uses allowed for adjacent property owners. The City of Princeton boasts of excellent schools and attractive neighborhoods, while still maintaining small-town charm, don't believe it - just ask! Whether an investor or individual, come see for yourself & let your imagination take flight.
Full Property Details
Full Property Details for 2318 Co Rd 463
General
- Taxes: $1,215
- Status: Closed
- Type: Farm
- Source: NTREIS
- MLS ID: 20254797
- Added to Site: 1, 110 day(s) ago
Exterior
- Exterior Features: Storage
Location
- County: Collin
- Subdivision: Gilbert Place
- Driving Directions: US 380 by Princeton High School - Turn North onto Co Rd 458-N Boorman Ln- Continue to follow Co Rd 458 1.5 mi, cross FM 1377 and Continue onto Co Rd 463 for 1.1 mi Property on the right with Banner on gate.
- Dist. to Street: 252
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Godwin
- Middle School: Southard
- High School: Princeton
Utilities
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Propane, Phone Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural
- Year Built: 1981
Additional Structures
- Other Structures: Second Garage, Guest House, Residence, RV/Boat Storage, Shed(s), Storage, Workshop
Lot Features
- Lot Size (Acres): 20.856
- Lot Size (Sq. Ft.): 908,487.36
- Lot Size Source: Owner
- Frontage: County Road, Asphalt
- Topography: Varied
- Lot Features: Acreage, Agricultural, Back Yard, Interior Lot, Lawn, Pasture, Pond, Many Trees
- Potential Use: Agricultural, Cattle, Commercial, Development, Grazing, Horses, Hunting, Industrial, Investment, Livestock, Manufactured Home, Pasture, Ranch, Residential, Recreational, Single Family
- Trees/Vegetation: Grassed, Partially Wooded
- Zoning: Princeton ETJ
- Fencing (Description): Barbed Wire
Financial Considerations
- Tax Amount: $1,215
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Tract 1, Gilbert Place (filed Feb 2023)
- Exclusions: Tractor and some personal items from barns and home.
- Property ID: R-12942-000-0010-1
- Block: Tract 1
Listed by Diversified Realty Consultants, Keri Askew
Sold by V Realty, Ram Muthu
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Schools
Schools serving 2318 Co Rd 463
School District:Princeton Independent School District
| Name | Grades | Distance |
|---|---|---|
Leta Horn Smith 2101 Forest Meadow Drive, Princeton, TX 75407 | PK-5 | 2.7 mi |
Clark Middle 301 Panther Parkway, Princeton, TX 75407 | 6-8 | 2.1 mi |
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
2318 County Road 463, Princeton, TX 75407 (MLS# 20254797) is a Farm property that was sold on January 12, 2024. Want to learn more about 2318 County Road 463? Do you have questions about finding other Farm real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

