8592 McKissick Meadows
Land | 10 acres
Marketing description
Franklin Land Company is pleased to present 8592 McKissick Meadows Road, a +/- 10-acre development opportunity in Princeton, Texas — one of the fastest-growing cities in the Dallas-Fort Worth Metroplex. Located in the northeast quadrant of Princeton just off McKissick Meadows Road, the site is positioned between the established Monticello Park community and the upcoming Sicily development, with Vivere Multifamily immediately adjacent.
Princeton posted a remarkable 30.6% population increase between July 2023 and July 2024, reaching 37,000 residents, with average household incomes of $96,766 and a 2025 median home price of $325,000 — fundamentals that continue to draw homebuilders and developers to Collin County. Total consumer spending in the trade area stands at $411.3M, underscoring the market's economic depth.
The subject property currently falls outside Princeton's city limits and ETJ, placing it under Collin County jurisdiction and offering developers significant flexibility. An existing 6" water line runs along McKissick Meadows Road, and a septic system is in place onsite. The property carries a current POA deed restriction limiting development to one dwelling per five acres; the seller is actively in the process of releasing this restriction.
Adding to the long-term investment thesis, TxDOT's planned US-380 Princeton Bypass passes in close proximity to the site, representing a major regional infrastructure commitment that will improve corridor connectivity and accelerate development activity in the area.
Situated approximately 1.5 miles north of downtown Princeton and two Princeton ISD schools, with frontage on McKissick Meadows Road and nearby traffic counts exceeding 17,000 vehicles per day on FM 455, this site is well-positioned for residential development once the deed restriction is cleared. With limited supply of comparably sized infill parcels in Princeton's northeast growth corridor, 8592 McKissick Meadows represents a compelling opportunity for developers and land investors looking to capture upside in one of Texas's most active growth markets.
Investment highlights
- Future US-380 Bypass Proximity — TxDOT's planned US-380 Princeton Bypass corridor passes adjacent to the site, a major infrastructure investment that will drive further development and land value appreciation in the area.
- Explosive Market Growth — Princeton recorded 30.6% population growth between July 2023 and July 2024, reaching 37,000 residents; one of the highest growth rates in the DFW Metroplex.
- Prime Northeast Princeton Location — Positioned between the active Monticello Park community and the upcoming Sicily residential development, within 1.5 miles of downtown Princeton and two Princeton ISD schools.
- Outside Princeton ETJ — Subject to Collin County jurisdiction only, providing greater development flexibility than properties within Princeton's city limits or ETJ.
- Deed Restriction Being Released — Current POA restriction limiting density to 1 dwelling per 5 acres is actively being released by the seller, unlocking the site's full development potential.
- Water Service Available — Existing 6" waterline runs along McKissick Meadows Road; existing septic onsite.
- Strong Surrounding Development Activity — Flanked by multiple active and planned communities including Monticello Park, Sicily, Vivere Multifamily, Whitewing Trails, Monte Carlo, and Abbey Crossing.
- Healthy Market Fundamentals — Average household income of $96,766, median home price of $325,000 (2025), and $411.3M in total consumer spending in the trade area.
- Excellent Road Connectivity — 11,915 vehicles/day on Hwy 5 north of Cunningham; 17,045 vehicles/day on FM 455 west of Hwy 5.
- +/- 10 Acres with Road Frontage — Direct frontage on McKissick Meadows Road with a functional parcel shape suited for residential subdivision.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
