This 16.4-acre Princeton Ranch presents a rare investment opportunity, boasting over 500 feet of frontage along CR 491 and convenient access to US 380. Situated within the Princeton ETJ and designated as Suburban Living in the City of Princeton's future use map, the property is strategically positioned next to a planned residential development for 300+ single-family homes. The property currently operates as a horse ranch, featuring a charming 3-bedroom, 2-bathroom main home, an older but well-equipped main horse barn with 17 stalls and 4 tie stalls, as well as two additional hay & equipment barns. Positioned just beyond the city limits with no known restrictions, this prime piece of land offers a promising future for suburban or estate living. With 1 acre designated as a homestead and the remaining 15.4 acres benefiting from an agricultural exemption, this property presents investment opportunity and residential development with endless possibilities.
Directions: From McKinney, travel east on US 380 towards Princeton, turn right onto CR 457 Continue south on CR 457 about .2 mile and turn left on CR 456. Continue east on CR 456 for about a mile and turn right onto CR 490. Follow CR 490 for .6 miles and turn left onto CR 491 go .3 miles property on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $1,975,000
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Last updated on: 11/22/2024, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
5
/10
Godwin Elementary
1019 N 6th St
Distance between this listing and this school2.50 miles
Public District Grades PK-5
7
/10
Harper Elementary
8080 County Road 398
Distance between this listing and this school2.56 miles
Public District Grades PK-5
6
/10
Lacy Elementary
224 E College St
Distance between this listing and this school2.71 miles
Public District Grades PK-5
Nearby Schools
6
/10
Clark Jr. High
301 Panther Pkwy
Distance between this listing and this school2.05 miles
Public District Grades 7-8
7
/10
Southard Middle School
455 E Monte Carlo Blvd
Distance between this listing and this school3.36 miles
Public District Grades 6-8
7
/10
Farmersville Jr High School
501 State Highway 78 N
Distance between this listing and this school5.56 miles
Public District Grades 6-8
Nearby Schools
5
/10
Princeton High School
1000 E Princeton Dr
Distance between this listing and this school1.73 miles
Public District Grades 9-12
7
/10
Farmersville High School
499 State Highway 78 N
Distance between this listing and this school5.61 miles
Public District Grades 9-12
4
/10
Community High School
440 N FM 1138
Distance between this listing and this school9.06 miles
The neighbors living near this home have an average income of $62,450. The majority of Princeton, TX residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 10539 County Road 491
What is the listing price of this property?
The listing price of 10539 County Road 491 property is $1,975,000.
What type of property is this?
The property 10539 County Road 491 is land located in Princeton, Texas, 75407.
Is this property for sale now?
Active Listing: 10539 County Road 491 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 10539 County Road 491 is 16.40 acres.
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This home is located at 10539 County Road 491 in Princeton, TX and zip code 75407. This home, which was built in 1989, sits on a 16.40 acre lot. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $1,975,000.
Listings spent 81 days on the market in October 2024, and had a median list price of $347,530 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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