Date
Details
Price
Change
Source
5/21/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Set on 2.566 unrestricted acres in fast-growing Princeton, this updated farmhouse offers the freedom to enjoy true country living with no HOA and no known restrictions. Horses, livestock, home businesses, and hobby farming are all welcome here, while still being conveniently located less than a mile from Lake Lavon and Hwy 380. The inviting front porch is the perfect place to relax and enjoy peaceful Texas sunsets before stepping inside to soaring vaulted ceilings, a wood-burning fireplace, and updated wood-look tile flooring throughout the main living areas. The kitchen offers ample cabinet and counter space with views of the backyard and pasture areas. The flexible floorplan includes a private primary suite with a large walk-in closet and garden soaking tub, plus an office or optional fourth bedroom near the oversized second living area or game room. Two secondary bedrooms and a full bath provide plenty of space for family or guests. Recent updates include new septic, HVAC, garage door opener, fresh paint, and updated flooring, making the home truly move-in ready. Outside, approximately 1.5 acres have been fenced into two separate pastures with new electric fencing, and a water line has already been installed to the first pasture. A 10x12 outbuilding with electricity provides excellent storage or workshop space, with plenty of room remaining to build a barn or shop. The property extends just beyond the rear tree line, creating added privacy and natural cover for animals. This location also presents exciting long-term potential as Princeton continues expanding eastward. With the future Princeton Loop planned nearby and continued development surrounding Lake Lavon, the area is attracting significant investment while still maintaining its rural charm. Whether you are searching for a horse property, investment opportunity, or a peaceful place to enjoy acreage living, this property offers rare flexibility in one of North Texas' fastest-growing areas.
Full Property Details
Full Property Details for 845 Co Rd 490
General
- Price: $599,000
- Taxes: $7,267
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21264386
- Updated: 5/21/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Granite Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Masonry, Wood Burning
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry in Utility Room
Exterior
- Porch/Patio/Deck: Rear Porch, Front Porch, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Concrete, Driveway, Garage Faces Front, Garage
Location
- County: Collin
- Subdivision: J B MCCLYMAN SURVEY,
- Driving Directions: From 380 and 2nd Street head East on 380. Turn Right on Booman. Left on County Road 456. Forced right turn road turns into County Road 490. House is on the left.
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Godwin, Godwin
- Middle School: Clark
- High School: Princeton
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Electricity Connected, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Craftsman, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Concrete, Wood Siding
- Roof: Composition
- Stories/Levels: 2
- Living Area: 2,677 Sq. Ft.
- Year Built: 1997
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 2.566
- Lot Size (Sq. Ft.): 111,774.96
- Lot Features: Acreage, Cleared, Level, Pasture
- Fencing (Description): Fenced, Split Rail
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $7,267
- Terms: Cash, Conventional, Owner Will Carry, Special Funding, VA Loan
Disclosures and Reports
- Legal Description: ABS A0640 J B MCCLYMAN SURVEY, TRACT 5, 2.566
- Property ID: R664000000501
Listed by Exp Realty, Colin Conn
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 845 Co Rd 490 —
Colin Conn
Exp Realty
903-521-0711
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 845 Co Rd 490
School District:Princeton Independent School District
| Name | Grades | Distance |
|---|---|---|
Godwin Elementary School 1019 North 6th Street, Princeton, TX 75407 | PK-5 | 2.4 mi |
Clark Middle 301 Panther Parkway, Princeton, TX 75407 | 6-8 | 1.9 mi |
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407 | 9-12 | 1.6 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 845 Co Rd 490
Tax History
Tax History for 845 Co Rd 490
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,724
6%
$537,250
7%
2023
$7,267
9%
$502,991
3%
2022
$6,639
—
$488,348
23%
2022
$6,639
13%
$395,969
15%
2021
$5,864
13%
$343,000
14%
2020
$5,190
-7%
$301,113
-1%
2019
$5,551
-2%
$304,245
1%
2018
$5,692
18%
$302,446
19%
2017
$4,825
9%
$254,995
10%
2016
$4,427
8%
$231,814
9%
2015
$4,111
9%
$213,332
10%
2014
$3,756
16%
$193,938
10%
2013
$3,228
—
$176,307
—
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 845 Co Rd 490
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
845 County Road 490, Princeton, TX 75407 (MLS# 21264386) is a Single Family property with 4 bedrooms and 2 full bathrooms. 845 County Road 490 is currently listed for $599,000 and was received on May 21, 2026. Want to learn more about 845 County Road 490? 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.