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Princeton,TX 75407
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $3,494
Subdivision Countryview
MLS Listing ID 20704223
HOA Y/N No
Year Built 2011
Annual Tax Amount $11,954
Lot Size 38.397 Acres
Acres 38.397
Property Sub-Type Unimproved Land
Property Description
This is a unique opportunity to own 38.397 acres backing to Lake Lavon & Corps of Engineers land situated in Princeton, a gem for developers or someone looking for a turnkey RV park buisness plus land. Own a fully operational and leased, meticulously maintained RV park & storage business, plus an additional 30+- acres ready for commercial or residential development with stunning lake views. You'll find tranquil lakeside living that backs to Lake Lavon and Army Corps of Engineer land. Located in County, NOT within the city or ETJ - no city taxes. Outside of the city limits, commercial zoning, & pasture land. Per the seller, Property is ready with aerobic septic systems, power & a new 8' water line was just added at the street near the property. Approx 1133 feet of LAKE Lavon frontage to the Corps of Engineers land along the lake which should remain undeveloped & which includes walking access to the waters & shoreline of Lake Lavon. Many new homes are being built in the immediate area. Property is ideal for commercial business, residential, or combo development with lake access. It might be possible to tie into the the nearby sewer development for a fee as other developments are doing. This could allow for high density and multi-story development overlooking the lake. This area is located in the county not city or ETJ. Approx 479 feet of road frontage on Hawthore Drive with pipe fencing and nice entry drive. Additional 1 acre may be available for purchase. Princeton TX was just named the 3rd fastest growing city in America by the US Census Bureau. New construction is booming all around this prime real estate opportunity. Lake Lavon offers fishing & boating, swimming & picnicking along its shores. Many new homes are being built in the immediate area.
Location
State TX
County Collin
Zoning commercial
Direction From Highway 75 take exit and go east on Bethany Drive turns into Lucas Rd. Then 546, turn right at FM982, turn left onto County Road 442, turn right onto Hawthorn Drive, turn left onto Countryview Trail
Interior
Heating Central
Cooling Central Air
Flooring Concrete,Tile
Inclusions Business,Land & Improvements
Fireplace No
Exterior
Parking Features Additional Parking,Boat,Covered,Carport,Driveway,On Site,RV Access/Parking
Utilities Available Electricity Connected,Propane,Septic Available
Waterfront Description Lake Front,Waterfront
View Y/N Yes
Water Access Desc Rural
View Water
Roof Type Composition,Metal
Road Frontage County Road
Building
Lot Description Acreage,Agricultural,Backs to Greenbelt/Park,Greenbelt,Landscaped,Pasture,Pond on Lot,Many Trees,Waterfront
Story 1
Foundation Slab
Sewer Aerobic Septic,Septic Tank
Water Rural
Others
Tax ID R651500006801
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20704223