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    3868 County Road 494 Princeton, TX 75407

    For Sale
    $5,555,625

    Ranch - Princeton, TX

    Type:Ranch
    Lot size:
    88.89 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 11 at 1:06 pm

    Property Features for 3868 County Road 494

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active
    APN
    R616200600401
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    88.89 Acres

    Building Details

    Architectural style
    Ranch

    Farmersville Real Estate Company (972) 784-6115 [email protected]

    Listing agent Randal Shinn (972) 784-6115 License #0568499

    Listing date Sep 23, 2025

    MLS# 20442320 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 Ranch: Development Opportunity

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    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
    -96.46555408
    Latitude
    33.22289964

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    FAQs

    What type of property is this?
    Ranch - 88.89 acres near Hwy 380 expansion, ideal for development.
    Where is this ranch 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.
    (972) 784-6115
    Request Owner's contact information
    3868 County Road 494 Princeton, TX 75407
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    Princeton, TX 75407
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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
    3868 County Road 494 Princeton, TX 75407
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