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    3121 County Road 494 Princeton, TX 75407

    For Sale
    $1,550,000

    Improved Land - Princeton, TX

    Lot size:
    18.72 Acres
    Days on Market:
    168
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 3121 County Road 494

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R647200103001
    Exterior features
    Garden(s), Stable/Barn, Storage, Storm Cellar, Fence
    Fencing
    Fenced
    Lot size
    18.72 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1918
    Architectural style
    Other
    Additional Structures
    Barn(s), Stable(s), Storage

    Fathom Realty LLC (888) 455-6040 [email protected]

    Listing agent Glenda Neel (888) 455-6040 License #0414733

    Listing date Jun 27, 2025

    MLS# 20632566 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Princeton, TX Improved Land

    This gated acreage, situated on a natural peak in Collin County, presents multiple opportunities. Several ideal building sites are available for realizing country living aspirations. The property features a serene duck pond, chicken coop, and garden area. Additional features include three two-car carports, an insulated storage building with electricity and loft space at each end, a TV and broadband antenna, and an all-electric home that could serve as an office or guest house. The electrical system includes a GFCI breaker box wired for generator backup and surge protectors. The living area contains a Franklin wood-burning stove. Upstairs, a spacious room offers the flexibility to be customized into two separate rooms with a half bath nearby. An historic mule barn includes two stalls, a decked hay loft, skylights, a tack room, and a locked storage room. The property has one well. A drive could be created to the shaded pond, which is approximately 30 feet deep, at the north end of the property. A pasture with frost-proof water access is also present. The property is located in Princeton, TX 75407, and comprises 18.721 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Collin
    State
    Texas
    Longitude
    -96.468472
    Latitude
    33.211624

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    FAQs

    What type of property is this?
    Agricultural land - Gated acreage with building sites, pond, and farm features.
    Where is this agricultural land located?
    The property is located at 3121 County Road 494 Princeton, TX.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - Gated acreage with multiple ideal building sites for country living.; - Historic mule barn with 2 stalls, decked hay loft, skylights, tack room, and locked storage room.; - Insulated storage building with electricity and loft space.
    (888) 455-6040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3121 County Road 494 Princeton, TX 75407
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