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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 $66,596/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

Zip code
75407
Community
David Cherry Surv Abs #166
School district
Princeton ISD
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
Zoning
Mutlifamily
MLS #
NTREIS 21168636
Posted

Property taxes

Recent
$79,191

Parcels

  • R616600611001

Legal description

Details and features

Listing

Type
Land
Address
FM75 McKinney

Lot

Features
Acreage

Structure

Sewer
Public Sewer

Nearby schools

NameTypeDistrict
GodwinElementaryPrinceton ISD
SouthardMiddlePrinceton ISD
LoveladyHighPrinceton ISD

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 land is available for sale, priced at $8,900,000 — $551,630 per acre.

Listed by Onyx Legacy Realty, (469) 806-0639

Checked 1 hour agoUpdated Source

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