1377 Co RdPrinceton, TX 75407

This exceptional 19.99-acre commercial property, located at 1377 County Road 456 in Princeton, Texas (zip code 75407), presents a remarkable investment opportunity. Situated within the extraterritorial jurisdiction (ETJ) of Princeton, Collin County, this mixed-use land boasts a substantial 870,764 square feet and is offered at an attractive price of $7,500,000, translating to $8.61 per square foot. A pre-approved plat is already in place, permitting the development of 540 residential units, significantly streamlining the approval process for future projects. The property's prime location and substantial size make it ideally suited for multi-family development, offering significant potential for substantial returns. The property's coordinates are 33.1684388 latitude and -96.4759963 longitude. This is a rare chance to acquire a large-scale development site with pre-approved plans, minimizing upfront development hurdles and maximizing potential for rapid project commencement. The property's strategic location within the ETJ of Princeton offers access to the growing community's amenities and infrastructure while providing opportunities for significant future appreciation.