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Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Subdivision Gilbert Place
MLS Listing ID 20254797
Sold Date 01/12/24
HOA Y/N None
Year Built 1981
Annual Tax Amount $1,215
Lot Size 20.856 Acres
Acres 20.856
Property Description
This 18.65 Acre family farm, currently with ag exemption, is ready to become a majestic homesite or perhaps a small residential community and-or commercial sites with the future growth in northeast Princeton. As a pro-growth & pro-development community, we are looking for like-minded residents & business owners. Located across the east end of the future Sicily Lagoon, this location will be a hot area in the years to come. Whether looking to build one beautiful home or create several homesites, this property uniquely backs up to the US Corp of Engineer property. The Corp of Engineers make for great neighbors, low traffic, typically no residential or commercial buildings, and some special uses allowed for adjacent property owners. The City of Princeton boasts of excellent schools and attractive neighborhoods, while still maintaining small-town charm, don't believe it - just ask! Whether an investor or individual, come see for yourself & let your imagination take flight.
Location
State TX
County Collin
Zoning Princeton ETJ
Direction US 380 by Princeton High School - Turn North onto Co Rd 458-N Boorman Ln- Continue to follow Co Rd 458 1.5 mi, cross FM 1377 and Continue onto Co Rd 463 for 1.1 mi Property on the right with Banner on gate.
Exterior
Exterior Feature Storage
Fence Barbed Wire
Utilities Available Asphalt, City Water, Electricity Available, Electricity Connected, Outside City Limits, Phone Available, Propane, Unincorporated
Street Surface Oil & Screen
Lot Frontage 252.0
Garage No
Building
Lot Description Acreage, Agricultural, Interior Lot, Lrg. Backyard Grass, Many Trees, Pasture, Tank/ Pond, Undivided, Varied
Schools
Elementary Schools Godwin
Middle Schools Southard
High Schools Princeton
School District Princeton Isd
Others
Restrictions No Known Restriction(s)
Ownership Gilbert
Acceptable Financing 1031 Exchange, Cash, Conventional, Texas Vet, Other
Listing Terms 1031 Exchange, Cash, Conventional, Texas Vet, Other
Financing Cash
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Bought with Ram Muthu • V Realty
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