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Mixed-Use Land for Sale in Princeton, Texas

1157 County Road 490, Princeton, TX 75407

$320,000
3.3 acres
Active sale
ago
Est $2,489/mo

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
Community
Murillo Addition
Elevation
550 feet
Coordinates
33.1527, -96.4663

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

Resources

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Exterior

Fencing
Fenced
Structures
Storage
Features
Fence

Nearby schools

NameType
GodwinElementary

Listing history

DateEventPriceChangeSource
May 9, 2026New listing$320,000NTREIS
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This 3.303-acre property is located at 1157 County Road 490 in Princeton, TX 75407. The property is available for sale for $320,000 with a price per acre of $96,882.

Listed by Keller Williams Realty, (972) 562-8883

Checked 2 hours agoUpdated Source

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