$1,600,000

Beautiful 3-acre tract of land inside Princeton ETJ. No City Taxes! Culleoka WSC with City of Princeton Utility CCN available. No Zoning, No Floodplain, No current survey. This is a great investment property with the expected growth in this area. It is located 4.5 miles east of McKinney airport, with a large single family development on the east side of the property as well as to the north of the property across County Road 398. Princeton ISD’s has plans to open Phillip Anthony High School No.2 in 2029, which will be built within 1 mile to the east of this property. Princeton Future Use Land Maps dated 2019 for this property are marked manufacturing and warehouse. Currently there is a residence on this property that was built in 2002, with approximately 2100 square feet living area, open concept living area and kitchen, with 3 bedrooms, 2 baths, and a formal dining room which could easily convert to an office and a wood burning fireplace. Updates include engineered hardwood floors, granite counter tops, marble countertops in the baths, tile backsplash in the kitchen with the master bathroom updated in late 2021. New AC Heat pump installed May 2023. The long Ranch style front porch has new cedar post across the front, providing the perfect location to sit and watch a beautiful sunset. Solar Screens are on the west side of the home. A detached 2 car garage, a She Shed in the back yard and an enclosed insulated pole barn with a window unit that provides heat and ac. The east property line has a new privacy wood fence, with a bob wire hog wire fence on the south side, with two gates to access the creek which lines the south boundary line, a barb wire fence on the west and north sides. This could be an ideal Airbnb or personal retreat. This property has an access easement through the 3-acre tract of land directly to the north, which is also available for purchase. Two properties combined give the potential for a 6 acre land purchase.