845 County Road 490 new Save Request In-Person Tour Request Virtual Tour
Princeton,TX 75407
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,677 sqft
Price per Sqft $233
MLS Listing ID 20894193
Style Craftsman
Bedrooms 3
Full Baths 2
HOA Y/N None
Year Built 1997
Annual Tax Amount $7,473
Lot Size 2.566 Acres
Acres 2.566
Lot Dimensions 126x889
Property Sub-Type Single Family Residence
Property Description
Priced $75K under market value. 2.566 acres located less than a mile from Lake Lavon and one mile from Hwy 380 on the east side of the City of Princeton. Huge investment upside in the coming 5-7 years: The Princeton loop will connect with Hwy 380 2 miles from this property and the City of Princeton is reserving this area for a lake-related development. Investors have purchased large swaths of land bordering this parcel for this purpose. The investors are currently working with the city of Princeton to extend utilities. NO HOA. Property is restriction free. Come raise horses or run your business. Home has new flooring (carpet and tile) and is move-in ready. There is a 200-sqft storage building.
Location
State TX
County Collin
Direction East on State Hwy 380 from Princeton. Turn south on Lake Ridge Dr (found immediately after the city complex). Turn east on County Road 456. Turn south at stop sign onto County Road 490. Drive .9 miles (through the S-curve). House is located on the east side of County Road 490.
Rooms
Dining Room 1
Interior
Interior Features Built-in Features,Cable TV Available,Cathedral Ceiling(s),Granite Counters,High Speed Internet Available,Loft,Open Floorplan,Pantry,Walk-In Closet(s)
Heating Electric,Fireplace(s)
Cooling Ceiling Fan(s),Central Air,Electric,Heat Pump
Fireplaces Number 1
Fireplaces Type Brick
Appliance Dishwasher,Disposal,Electric Range,Microwave
Heat Source Electric,Fireplace(s)
Laundry Electric Dryer Hookup,Utility Room,Full Size W/D Area,Washer Hookup
Exterior
Exterior Feature Basketball Court,Storage
Garage Spaces 2.0
Utilities Available Cable Available,Co-op Water,Electricity Connected,Individual Water Meter,Outside City Limits,Phone Available,Septic,Unincorporated
Roof Type Composition
Total Parking Spaces 2
Garage Yes
Building
Lot Description Acreage,Agricultural,Cleared,Few Trees,Level,Lrg. Backyard Grass,Pasture
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Siding
Schools
Elementary Schools Godwin
Middle Schools Clark
High Schools Princeton
School District Princeton Isd
Others
Restrictions None
Ownership Yablala CR490 LLC
Acceptable Financing Cash,Conventional,VA Loan
Listing Terms Cash,Conventional,VA Loan
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20894193