3868 County Road 494 Princeton, TX 75407

Listing Agency Farmersville Real Estate Company s***@shinnteam.com Show Phone

Farmersville, TX

Listed by Randal Shinn · License #0568499 Show Phone

Added: May 27 Checked: Jul 18 at 12:06 pm

Report an Issue

MLS# 20442320 Listing URL

Copyright © 2026 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.

---

Investment Insights

Based on property information with market context.

This 88.89-acre property, located in Princeton, Collin County, Texas, presents a development or investment opportunity. The land is currently leased month to month for cattle and holds an Ag Tax exemption. The property offers multiple potential build sites suitable for an estate. Its location is a few miles from the proposed Hwy 380 expansion and home developments, situated in one of the fastest-growing counties in the country. The sellers are open to dividing the property based on suitable offers.

Key Highlights

• Prime investment opportunity in a rapidly growing county.
• Potential for development or future investment.
• Ag Tax exempt status.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $550,000

  Converted Office & Wellness Building

  Fully rebuilt property with waiting area, kitchen, two restrooms, and multiple entries, ready for immediate occupancy or conversion.

  213 Mckinney Avenue, Princeton, TX 75407

  View Details
• 

  $1,000,000

  Commercial Land with Road Frontage

  A +/-10-acre site with existing home, barns, and septic, with a 6-inch waterline along McKissick Meadows Road.

  8592 Mckissick Meadows Road, Princeton, TX 75407

  View Details
• 

  $2,400,000

  Self-Service Car Wash Facility

  Multi-bay car wash with self-service bays and an in-bay automatic for flexible automotive revenue opportunities.

  317 W Princeton Drive, Princeton, TX 75407

  View Details
• 

  $1,698,000

  Unrestricted Development Land

  Unrestricted county land suited for retail, fuel, or RV/storage uses, with an on-site mobile home.

  2595 Fm 982, Princeton, TX 75407

  View Details
• 

  $399,900

  Retail or Office Building with Visibility

  Prominent visibility and highway frontage with a flexible interior that currently operates as a Spanish school.

  1821 Fm 982, Princeton, TX 75407

  View Details
• 

  $1,200,000

  High-Visibility Corner Commercial Land

  Cleared corner lot on FM 546 with strong frontage for retail, convenience, or flex industrial development.

  4910-1 Fm-546, Princeton, TX 75407

  View Details
• 

  $1,200,000

  High-Visibility Commercial Corner Land

  Cleared hard-corner site on FM 546 positioned for retail, service, or mixed-use development in a fast-growth corridor.

  4910-1 FM-546, Princeton, TX 75407

  View Details
• 

  $550,000

  1,800 SF

  Princeton Commercial Property on McKinney

  Versatile 1,800 SF commercial space in prime downtown location.

  213 McKinney Ave, Princeton, TX 75407

  View Details
• 

  $1,850,000

  Commercial Land with Two Buildings

  Two-parcel commercial offering with approximately 265.34 linear feet of frontage and on-site gravel parking.

  409 E Princeton Drive, Princeton, TX 75407

  View Details
• 

  $3,750,000

  Commercial Development Land with Road Access

  Rectangular acreage with substantial FM 75 frontage for flexible commercial, retail, or service development opportunities.

  4196 Fm 75, Princeton, TX 75407

  View Details
• 

  $2,700,000

  Land with Road Frontage

  4.8-acre tract along FM 1377 in Princeton, offering development potential with strong access and frontage.

  991 Fm 1377, Princeton, TX 75407

  View Details
• 

  $3,975,000

  High-Visibility Commercial Development Land

  Rectangular parcel in a high-traffic area with onsite utilities, suited for multiple commercial build sites.

  4555 Highway 380 E, Princeton, TX 75407

  View Details

FAQs

What type of property is this?

Land - 88.89 acres near Hwy 380 expansion, ideal for development.

Where is this land located?

The property is located at 3868 County Road 494 Princeton, TX.

What is the asking price?

The asking price for this property is $5,555,625.

What are key features of this property?

This property features: Prime investment opportunity in a rapidly growing county.; Potential for development or future investment.; Ag Tax exempt status.