10899 Co Rd 496, Princeton, TX 75407 For Sale

Investment / Development Highlights

• Acreage: ±17.655 acres in the Princeton ETJ

• Moratorium: Orderly growth/housing moratorium is set to expire on November 30, 2025, and is not expected to be extended further.

• Growth: McKinney, TX is expanding it’s airport to add a commercial passenger terminal with construction having started this year (2025).

• Roads: Highway 380 widening underway. Highway 5 being upgraded by McKinney Airport.

• Usage: Not zoned. In the county. Multiple uses allowed.

• Water: Supplied by Verona Water (engineering company attached for capacity questions)

• Frontage: Approx. 1,600' total on FM 1377 and CR 496

• Configuration: Primarily pasture with a small pond – efficient for site planning

• Utilities: City of Princeton sewer CCN shown ~1 mile west (per May 2021 maps; buyer to verify) but On-Site Waste Water Treatment allowed

• Improvements:

  • 2008 custom home – ±3,031 SF, 3BR / 3BA

  • Shop building

  • Apartment / mother-in-law suite (potential rental/secondary unit)

• Location: Rapidly developing area with strong residential growth and demand

• Use Potential:

  • Residential subdivision or ranchette community

  • Estate lots with future municipal utility upside

  • Buy-and-hold investment with existing residential use and improvements