
Mixed-Use Land for Sale in Princeton, Texas
1157 County Road 490, Princeton, TX 75407
Investor & Lifestyle Opportunity – 3.3 Acres in the Princeton Growth Corridor. Located within the ETJ of Princeton—one of the fastest-growing areas in North Texas—this 3.3-acre tract offers a unique blend of long-term investment potential and peaceful country living. Tucked off the road with a long private drive, the property provides privacy, quiet surroundings, and a safe, secluded setting ideal for a young family or a relaxed retirement lifestyle. The property features a 1987-built 3-bedroom, 2-bath home (approx. 1,650 sq ft). While the home will require some TLC, it offers flexibility for a handyman, investor, or buyer looking to renovate and make it their own. The land itself is the true highlight—open space with a stock pond suitable for horses or livestock, along with multiple storage buildings and two large carports. A metal roof, less than 10 years old with a lifetime warranty, adds long-term value. Positioned just minutes from US 380, local schools, retail, dining, and Lake Lavon for fishing and boating, the property offers the feel of small-town living with convenient access to big-city amenities. Surrounded by ongoing residential and commercial growth, this tract presents strong future upside. Whether you’re looking for a private homestead, a rental hold, or a long-term land investment, this is a rare opportunity to secure acreage in a rapidly expanding corridor. Value is in the land, with added lifestyle appeal.
Location
- Street address
- 1157 County Road 490
- County
- Collin County
- Community
- Murillo Addition
- Elevation
- 550 feet
Directions
From McKinney, travel east on US 380 towards Princeton, turn right onto CR 457 Continue south on CR 457 about .2 mile and turn left on CR 456. Continue east on CR 456 for about a mile and turn right onto CR 490. Follow CR 490 south and property will be on the left. Or use GPS
Property details
- Acreage
- 3.303 acres
- MLS #
- NTREIS 21186173
- Posted
Parcels
- R664000001701
Legal description
ABS A0640 J B MCCLYMAN SURVEY, TRACT 17, 3.0
Resources
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Exterior
- Fencing
- Fenced
- Structures
- Storage
- Features
- Fence
Nearby schools
| Name | Type |
|---|---|
| Godwin | Elementary |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 9, 2026 | New listing | $320,000 | — | NTREIS |





