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123 Simpson Rd, Princeton, TX, 75407

$725,000

1.24 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
Year Built1960
MLS #20774120
Lot Size1.24 Acres
StatusActive

About 123 Simpson Rd

Prime Commercial Opportunity in the ETJ of Lowry Crossing! Strategically situated off the bustling Hwy 380 corridor between McKinney, Lowry Crossing, and Princeton, this property is perfectly positioned in the heart of one of North Texas’s fastest-growing areas. This highly accessible location provides incredible visibility and easy access, making it ideal for commercial retail, office spaces, or other business developments. With water and power already available, it’s ready for immediate development. Surrounded by thriving communities and adjacent to established commercial properties, this site benefits from the rapid growth and expansion of nearby McKinney, Lowry Crossing, and Princeton. With no known restrictions, the value of this property lies in the land, offering vast potential for various ventures. Please note: Value is in the land only. Do not disturb the occupant of the small frame home on the property.

Property Details

Property Features

Property Information:

  • Year Built: 1960

Listing Office:

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

Virtual/3D Tour

  • Virtual Tour: 123 Simpson Rd
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Lot Features

Lot Information:

  • Lot: Interior Lot, Level
  • Lot Size: 1.24 Acres

Other

Directions Information:

  • Directions: see GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000

Tax Information:

  • Annual Amount: $930
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$347.8K

Med. Price/SqFt

$182

Avg. Days On Market

83

# of Sold Homes

58

123 Simpson Rd vs Princeton

43 DAYS ON ROCKET

-40 Days

$725,000

+$377.1K More

KEY TAKEAWAY

This property is $377.1K 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: #20774120

Listing Office:

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

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: 12/21/2024, 9:21:04 PM 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$930$81,502
2020$1,310$76,025
2019$1,182$69,114
2018$1,182$62,831
2017$1,081$57,119

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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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-787487
7
/10
  • Smith Elementary

  • 2101 Forest Meadow Dr

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-787488
5
/10
  • Lowe Elementary School

  • 450 Beauchamp Blvd

  • 1.20 miles

  • Public District Grades KG-5

school-card-donut-787489
6
/10
  • Lacy Elementary

  • 224 E College St

  • 1.84 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,572. Most Princeton, TX residents have annual incomes between $35k-100k. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 123 Simpson Rd

What is the listing price of this property?

The listing price of 123 Simpson Rd property is $725,000.

What type of property is this?

The property 123 Simpson Rd is land located in Princeton, Texas, 75407.

Is this property for sale now?

Active Listing: 123 Simpson Rd 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 2021 is $930 (source: MLS/based on county public records data).

How much acreage is this property?

The property 123 Simpson Rd is 1.24 acres.
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Rocket HomesTexasCollin CountyPrinceton75407123 Simpson Rd

This home is located at 123 Simpson Rd in Princeton, TX and zip code 75407. This home, which was built in 1960, sits on a 1.24 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $725,000.

In November 2024 in Princeton, TX there were 9.6% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $347,898, while the average time on the real estate market was 83 days.

From Rocket Homes Real Estate and based on county public records data.

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