$1,975,000
$1,975,000
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10539 County Road 491 Princeton, TX 75407
16.4 Acres Lot
Key Details
Sold Price $1,975,000
Property Type Vacant Land
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Subdivision J B Mcclyman Survey
MLS Listing ID 20665182
Sold Date 03/13/25
HOA Y/N No
Year Built 1989
Annual Tax Amount $2,653
Lot Size 16.400 Acres
Acres 16.4
Property Sub-Type Ranch
Property Description
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.
Location
State TX
County Collin
Zoning ETJ Princeton
Direction 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.
Rooms
Other Rooms Barn(s)
Interior
Heating Central, Electric, Wood Stove
Cooling Central Air, Ceiling Fan(s), Electric
Fireplace No
Exterior
Fence Barbed Wire, Fenced, Gate, Perimeter
Utilities Available Electricity Available, Septic Available, Water Available
Water Access Desc Community/Coop
Present Use Agricultural,Horses,Ranch
Street Surface Asphalt
Porch Covered
Road Frontage County Road
Building
Lot Description Acreage, Cleared
Sewer Septic Tank
Water Community/Coop
Additional Building Barn(s)
Schools
Elementary Schools Godwin
Middle Schools Clark
High Schools Princeton
School District Princeton Isd
Others
Tax ID R664000000401
Financing Cash
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