Location
Priced $75K under market value. 2.566 acres located less than a mile from Lake Lavon and one mile from Hwy 380 on the east side of the City of Princeton. Huge investment upside in the coming 5-7 years: The Princeton loop will connect with Hwy 380 2 miles from this property and the City of Princeton is reserving this area for a lake-related development. Investors have purchased large swaths of land bordering this parcel for this purpose. The investors are currently working with the city of Princeton to extend utilities. NO HOA. Property is restriction free. Come raise horses or run your business. Home has new flooring (carpet and tile) and is move-in ready. There is a 200-sqft storage building.
Property Details
Price:
$625,000
MLS #:
20894193
Status:
Active
Beds:
3
Baths:
2
Address:
845 County Road 490
Type:
Single Family
Subtype:
Single Family Residence
City:
Princeton
Listed Date:
Apr 5, 2025
State:
TX
Finished Sq Ft:
2,677
ZIP:
75407
Lot Size:
111,774 sqft / 2.57 acres (approx)
Year Built:
1997
Schools
School District:
Princeton ISD
Elementary School:
Godwin
Middle School:
Clark
Interior
Bathrooms Full
2
Cooling
Ceiling Fan(s), Central Air, Electric, Heat Pump
Fireplace Features
Brick
Fireplaces Total
1
Heating
Electric, Fireplace(s)
Interior Features
Built-in Features, Cable T V Available, Cathedral Ceiling(s), Granite Counters, High Speed Internet Available, Loft, Open Floorplan, Pantry, Walk- In Closet(s)
Number Of Living Areas
3
Exterior
Construction Materials
Brick, Siding
Exterior Features
Basketball Court, Storage
Garage Length
23
Garage Spaces
2
Garage Width
24
Lot Size Area
2.5660
Lot Size Dimensions
126×889
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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