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.
| MLS # | 21168636 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 251 |
| Listing Provided By | Onyx Legacy Realty LLC | Mark Allen |
| Zoning | Mutlifamily |
|---|---|
| Acreage | 16.13 |
| Lot Features | Acreage |
|---|
| Utilities | Asphalt, City Sewer |
|---|
| Unexempt Taxes | 79191 |
|---|---|
| Tax Block | 6 |
| Tax Legal Description | ABS A0166 DAVID CHERRY SURVEY, SHEET 6, TRACT |
| State | TX |
|---|---|
| County | Collin |
| City | Princeton |
| Zip Code | 75407 |
| Area | Collin |
| Community Name | David Cherry Surv Abs #166 |
| School District | Princeton ISD |
| Elementary School | Godwin |
| High School | Lovelady |
| Listing VS Median (in David Cherry Surv Abs #166) | |
Price: $8,900,000 low | high Med: $0 On site: 251 low | high Med: | |
| State | TX |
|---|---|
| County | Collin |
| City | Princeton |
| Zip Code | 75407 |
| Area | Collin |
| Community Name | David Cherry Surv Abs #166 |
| School District | Princeton ISD |
| Elementary School | Godwin |
| High School | Lovelady |
| Listing VS Median (in David Cherry Surv Abs #166) | |
Price: $8,900,000 low | high Med: $0 On site: 251 low | high Med: | |