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$1,500,000
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Property Description
This 14.32± acre tract offers development opportunity along College Avenue in the City of Princeton, one of the fastest-growing communities in Collin County. The property has direct frontage on College Avenue and sits directly across from the City of Princeton City Park, while backing up to an active MI Homes residential development - placing it squarely in the path of established rooftop growth. City of Princeton Utilities sewer, water, natural gas, and electric lines are all located on or adjacent to the site, offering meaningful savings on development costs. The property carries current zoning in place with the City of Princeton, and a portion of the tract lies within the floodplain; buyers and their representatives are encouraged to verify zoning classification, permitted uses, floodplain boundaries, and utility capacity directly with the City prior to purchase. With its park-front location, adjacency to an active homebuilder, and strong underlying infrastructure, this property represents a compelling opportunity for development in one of North Texas's most sought-after growth corridors.
Full Property Details
Full Property Details for 601 W College Ave
General
- Price: $1,500,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21375513
- Updated: 9/2/2026
- Added to Site: 50 day(s) ago
Location
- County: Collin
- Subdivision: ABS A0957 Hardin Wright Survey
- Driving Directions: Property located at 601 W College Ave, Princeton TX 75407. Large sign at site.
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Middle School: Southard, Huddleston
- High School: Lovelady, Princeton
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Overhead Utilities, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Timber
Lot Features
- Lot Size (Acres): 14.32
- Lot Size (Sq. Ft.): 623,779.2
- Lot Features: Acreage, Agricultural, Backs to Greenbelt/Park, Irregular Lot, Many Trees, Wooded, City Lot
- Development Status: Zoned
- Trees/Vegetation: Brush
- Zoning: SF-1 Zoning
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial
- Disclosures/Rstr.: Flood Plain Disclosure
- Property ID: 2585023
Listed by RES Real Estate Services, Corey Homer
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Schools
Schools serving 601 W College Ave
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 | 0.6 mi |
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407 | 9-12 | 1.5 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 601 W College Ave
Date
Details
Price
Change
Source
9/01/2026
Listed
$1,500,000
—
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 601 W College Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,690
-3%
$462,710
—
2023
$8,922
109%
$462,710
—
2022
$4,276
—
$462,710
139%
2022
$4,276
147%
$193,374
158%
2021
$1,734
-3%
$75,000
—
2020
$1,781
20%
$75,000
26%
2019
$1,485
-3%
$59,372
—
2018
$1,526
—
$59,372
—
2017
$1,533
-1%
$59,372
—
2016
$1,543
-1%
$59,372
—
2015
$1,555
-2%
$59,372
—
2014
$1,579
3%
$59,372
—
2013
$1,526
—
$59,372
—
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 601 W College Ave
601 W College Avenue, Princeton, TX 75407 (MLS# 21375513) is a Lots/Land property with a lot size of 14.32 acres. 601 W College Avenue is currently listed for $1,500,000 and was received on September 01, 2026. Want to learn more about 601 W College Avenue? 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.

