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Princeton Ranch: Development Opportunity
For Sale
$5,555,625

3868 County Road 494, Princeton, TX 75407

LAND - Princeton, TX

Property SizeContact for details
Lot Size88.89 Acres
Days on Market90

Property Features for 3868 County Road 494

General Information

Property type Land
Property subtype Other
Zoning description unzoned
Vegetation Grassed, Wooded
Subdivision CARTER T CLIFT SURVEY
Lot features Acreage
Elementary school Lacy
Middle school Huddleston
High school Princeton
Elementary school district Princeton ISD
Middle school district Princeton ISD
High school district Princeton ISD
Directions From McKinney E on Hwy 380 to FM 1827 Lt on 1827 to CR 466 Rt on 466 to CR 494 Rt on 494 to Property on Lt. SIY
Standard status Active
APN R616200600401
Lot size 88.89 Acres

Taxes and HOA fees

Tax Description ABS A0162 CARTER T CLIFT SURVEY, SHEET 6, TRA
Legal Description ABS A0162 CARTER T CLIFT SURVEY, SHEET 6, TRA
Listing Agency: Farmersville Real Estate Company
Listed By: Randal Shinn · License #0568499
Added: Jun 6 Changed: Aug 5 Last Checked: Sep 3 at 8:06PM
MLS# 20442320

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

Current Use

Residential land & home ...

Suggested Use

Top Pick Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 75407, TX

25,738
Population
10,095
Households
2.5
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
49.9 sq mi
ZIP Area
516
Density / Sq Mi
$92,076
Median Household Income
$48,912
Median Earnings
$1,867
Median Rent
$307,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

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.
More about this property
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