$2,550,000
For Sale
Type:Purchase
Structure:Land
Zone:Residential

Description

JTACR Real Estate Group is pleased to present this Princeton land opportunity: a 11 acre site which previously operated as a wedding venue with a 2 story single family home, large warehouse, underground pool, out buildings, pavilion, all with a beautiful aesthetic of pasture and partially wooded area. The site is outside of city limits, but in the city of Princeton, the 3rd fastest growing city in the United States!
With over 25,000 single family units completed and proposed, the Princeton market is aggressively growing, and with that, the demand for additional housing solutions, commercial development, and more.
Current ownership has obtained engineering for a 96 site tiny home and RV community and will provide all completed plans and studies for the development. Existing utilities include electricity, water, and on site septic
This opportunity presents investors with a unique opportunity to develop around an already unique venue to either use the venue or demo parts of the existing project and finish the development around those features.

  • Property Details
      • Exterior MaterialsCourtyard, Covered Patio/Porch, Garden(s), Stable/Barn, Storage
      • Lot DescriptionAcreage, Agricultural, Pasture
      • Utility FeaturesAerobic Septic
      • School DistrictPrinceton ISD
      • Property SubtypeImproved Land
      • Property TypePurchase
      • MLS #20799671
      • MLS #20799671
      • Acres11.1900
      • Cost2550000
      • Elementary SchoolGodwin
      • CountyCollin
      • SubdivisionA1049

Location

Judy VaughnReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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