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Land with Home for Sale in Princeton, Texas

845 County Road 490, Princeton, TX 75407

$525,000
2.57 acres
Active sale
$24.5k drop
Est $3,288/mo

2.566 Unrestricted Acres on the Growing US-380 Corridor - Room to Work, Owner Financing Available This 2.566-acre property on paved County Road 490 gives you land with no HOA and no recorded deed restrictions - park what you need, build what you need, run a business from home without asking anyone's permission. Paved frontage means your trucks, trailers, and equipment come and go cleanly, with no gravel road to tear up. You won't be the first to put this kind of flexibility to work either - unrestricted, business-friendly land use is already established up and down this stretch of Collin County. You're also buying ahead of the growth curve. US-380 is currently being widened from four to six lanes, and the planned Princeton Bypass - with an on-ramp about two miles from the property - is set to bring a new freeway through the area in the years ahead. This side of Princeton, one of the fastest-growing cities in the country, is still largely undeveloped outside of Princeton Lakes and the new City Hall on 380, and city planning has pointed to this corridor as the direction future high-end growth is heading. Whether you're here to run a business, plant a family homestead with room to grow, or simply hold land ahead of what's coming, you're getting in early on a corridor that won't stay this open for long. The home has been freshly updated: new septic system, new air conditioner, new flooring, and fresh paint throughout. Fiber internet was installed this year, so dispatch, invoicing, and video calls run just as well as anything you'd have in an office. A storage building on the property gives you extra room for tools, equipment, or inventory. You're less than a mile from Lake Lavon. Owner financing is available, with negotiable terms. If you're self-employed or your income doesn't fit neatly into a conventional bank's underwriting box, this gets you to closing faster - no rigid debt-to-income formulas, no waiting on bank approval timelines. Inquire for details.

2,677
Sq feet
4
Beds
2
Full baths
1997
Built

Location

Street address
845 County Road 490
Zip code
75407
Community
J B McClyman Survey,
School district
Princeton ISD
Elevation
557 feet
Coordinates
33.1563, -96.4677

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.

Property details

Acreage
2.566 acres
MLS #
NTREIS 21264386
Posted

Property taxes

Recent
$7,267

Parcels

  • R664000000501

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Acreage, Cleared, Level, Pasture

Exterior

Parking
Driveway, Garage
Fencing
Fenced
Pool
Porch
Structures
Outbuilding

Structure

Style
Craftsman
Stories
2
Sewer
Septic Tank
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air
Materials
Concrete, Wood Siding
Roof
Composition

Interior

Rooms
Bathroom x 2, Bedroom x 4, Bonus Room, Dining Room
Flooring
Carpet, Tile
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
Features
Granite Counters, Vaulted Ceilings, Walk In Closets

Nearby schools

NameTypeDistrict
GodwinElementaryPrinceton ISD
ClarkMiddlePrinceton ISD
PrincetonHighPrinceton ISD

Listing history

DateEventPriceChangeSource
Aug 4, 2026Price drop$525,000$24,500 -4.5%NTREIS
July 14, 2026Price drop$549,500$25,500 -4.4%NTREIS
June 22, 2026Price drop$575,000$24,000 -4%NTREIS
May 22, 2026New listing$599,000NTREIS
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This 2.566-acre property is located at 845 County Road 490 in Princeton, TX 75407. The property is available for sale, priced at $525,000. It has a 2,677 square foot 4-bedroom, 2-bath house built in 1997.

Listed by eXp Realty, (888) 519-7431

Checked 1 hour agoUpdated Source

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