8 months on rocket

1157 County Road 490, Princeton, TX, 75407

$385,000

3.30 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
Year Built1987
MLS #20551746
Lot Size3.30 Acres
StatusActive

About 1157 County Road 490

Developer and Investor Special **THE VALUE IS IN THE LAND ** This 3.3-acre opportunity has incredible potential with direct access to CR 490 & US 380. The existing distressed home (1987 3 BR & 2 BA - 1650 sq ft) can be revitalized as a rental or demolished as part of a future development or strategic piece to a larger future development. This land lies within the Princeton ETJ location, but just outside the city limits with no known restrictions and the future land use is suburban and estate living. Don't miss out on this opportunity to capitalize on Princeton’s thriving development. With easy access to HWY 380 and just minutes from shops, restaurants, schools, and Lake Lavon. Enjoy the best of both worlds: the tranquility of country living and the convenience of city amenities. Prime location, prime investment! Don't miss this chance to own a piece of the future. Distressed home with 3 BR & 2 BA and all other structures convey with the property; A new survey will be needed.

Property Details

Property Features

Property Information:

  • Year Built: 1987

Listing Office:

  • Office Name: Keller Williams NO. Collin Cty
  • Office Phone: (972) 562-8883
  • Listing Agent: Ross Kallenberg

Exterior Features

Exterior Information:

  • Exterior: Storage

Virtual/3D Tour

  • Virtual Tour: 1157 County Road 490
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Lot Features

Lot Information:

  • Lot: Cleared, Level
  • Lot Size: 3.30 Acres

Other

Directions Information:

  • 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 south and property will be on the left. Or use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000

Tax Information:

  • Annual Amount: $1,853
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Princeton, TX.

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Princeton, TX

City

Med. List Price

$347.5K

Med. Price/SqFt

$184

Avg. Days On Market

81

# of Sold Homes

69

1157 County Road 490 vs Princeton

263 DAYS ON ROCKET

+182 Days

$385,000

+$37.4K More

KEY TAKEAWAY

This property is $37.4K more than the Median List Price in Princeton, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20551746

Listing Office:

  • Office Name: Keller Williams NO. Collin Cty
  • Office Phone: (972) 562-8883
  • Listing Agent: Ross Kallenberg

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/24/2024, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $190,997
2020$1,853$107,527
2019$1,672$97,752
2018$1,672$88,865
2017$1,529$80,786

History based on county public records data.

Payment Calculator

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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NMLS#3030

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.

Nearby Schools

school-card-donut-1056236
7
/10

  • Harper Elementary

  • 8080 County Road 398

  • 2.46 miles

  • Public District Grades PK-5

school-card-donut-1056237
5
/10

  • Godwin Elementary

  • 1019 N 6th St

  • 2.70 miles

  • Public District Grades PK-5

school-card-donut-1056238
6
/10

  • Lacy Elementary

  • 224 E College St

  • 2.88 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,450. Typical income of Princeton, TX residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1157 County Road 490

What is the listing price of this property?

The listing price of 1157 County Road 490 property is $385,000.

What type of property is this?

The property 1157 County Road 490 is land located in Princeton, Texas, 75407.

Is this property for sale now?

Active Listing: 1157 County Road 490 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,853 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1157 County Road 490 is 3.30 acres.
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Rocket Homes›Texas›Collin County›Princeton›75407›1157 County Road 490

This home is located at 1157 County Road 490 in Princeton, TX and zip code 75407. This home, which was built in 1987, sits on a 3.30 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $385,000.

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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