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Mixed-Use Land for Sale in Princeton, Texas

111 E Monte Carlo Blvd, Princeton, TX 75407

$5,100,000
12.1 acres
Active sale
ago
Est $39,886/mo

Positioned in one of the fastest-growing cities in the United States, this exceptional 12.14+/- acre tract at 111 E. Monte Carlo Blvd presents a compelling development and investment opportunity in Princeton. Located approximately one mile north of U.S. 380 and near the planned U.S. 380 Bypass, the property offers strong visibility, convenient access, and extensive frontage, including approximately 418+ feet along E. Monte Carlo Blvd and an additional 279+ feet along Longneck Rd. Recent retail development directly across street includes The Shops of Monticello, McDonalds, Murphys; Townhomes of Monticello, & Arka Montessori School of Princeton. The surrounding traffic volume further enhances the site's commercial potential, providing valuable exposure for businesses & future developments seeking a prominent location within the rapidly expanding U.S. 380 growth corridor. Princeton's and Collin County's population has increased significantly in recent years. This continued expansion reflects one of the strongest growth markets in Texas and across the nation. Strong household incomes, an expanding workforce, highly regarded Princeton ISD schools, and ongoing residential, retail, and commercial development continue to support demand throughout the area. With its size, frontage, visibility, and strategic location, the property is well positioned for a wide range of potential uses, including commercial or retail development, restaurants, child care, automotive services, self-storage, mixed-use projects, office or medical space, senior housing, build-to-rent communities, residential development, service-based businesses, or long-term investment, subject to applicable approvals and buyer due diligence. Conveniently located near Downtown Princeton & within easy reach of McKinney, Anna, Melissa, Farmersville, Allen, Frisco, Plano, & the greater DFW Metroplex, this rare offering provides exceptional access to one of North Texas' most dynamic and rapidly expanding markets.

Location

Street address
111 E Monte Carlo Blvd
Zip code
75407
Community
A0166
School district
Princeton ISD
Elevation
578 feet
Coordinates
33.1899, -96.5027

Property details

Acreage
12.14 acres
Zoning
PD37
MLS #
NTREIS 21336767
Posted

Parcels

  • 2977720

Legal description

Details and features

Listing

Type
Land

Lot

Vegetation
Brush, Cleared, Grassed, Wooded
Features
Acreage, City Lot, Few Trees, Interior Lot, Pasture, Pond On Lot

Exterior

Fencing
Fenced
Structures
Barn(s)

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatus
GasPropaneAvailable

Nearby schools

NameTypeDistrict
LacyElementaryPrinceton ISD
SouthardMiddlePrinceton ISD
Lovelady,PrincetonHighPrinceton ISD

Listing history

DateEventPriceChangeSource
Aug 7, 2026New listing$5,100,000NTREIS
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This 12.14-acre property is located at 111 E Monte Carlo Blvd in Princeton, TX 75407. The land is available for sale, priced at $5,100,000 — $420,099 per acre.

Listed by eXp Realty, (888) 519-7431

Checked 1 hour agoUpdated Source

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