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Land for Sale in Princeton, Texas

Collin County, Princeton, TX 75407

$8,900,000
16.1 acres
Active sale
$850k drop
Est $69,231/mo

Exceptional 16.1-Acre Multifamily Development Site – Princeton, TX

Fully Entitled Fully Engineered 400 Units Fastest-Growing City in the U.S.

Presenting a premier development opportunity in the heart of Princeton, Texas — the fastest-growing city in the United States, with a staggering 30.6% population increase between July 2023 and July 2024. This 16.1-acre multifamily site is fully entitled, fully engineered, and shovel-ready for the construction of 400 units, making it an unparalleled offering in today’s high-demand housing market.

Strategically located in Collin County — one of the fastest-growing counties in America — this property positions developers at the epicenter of growth within the dynamic Dallas-Fort Worth metroplex, one of the strongest real estate markets in the nation.

Location

Community
David Cherry Surv Abs #166
Elevation
579 feet
Coordinates
33.1811, -96.4974

Directions

Parcel neighbors 461 Cortez Aly, Princeton, TX 75407, use GPS for ease.

Take US380 to Monte Carlo Blvd.

Property details

Acreage
16.134 acres
MLS #
NTREIS 21168636
Posted

Parcels

  • R616600611001

Legal description

Details and features

Listing

Type
Land
Subtype
Unimproved Land
Address
Fm75 McKinney

Nearby schools

NameType
GodwinElementary

Listing history

DateEventPriceChangeSource
Mar 3, 2026Price drop$8,900,000$850,000 -8.7%NTREIS
Feb 3, 2026New listing$9,750,000NTREIS
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This 16.134-acre property is located in Princeton, TX 75407. The property is available for sale for $8,900,000 with a price per acre of $551,630.

Checked 2 hours ago — Updated

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