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    612 N 3Rd St Princeton, TX 75407

    For Sale
    $125,000

    Unimproved Land - Princeton, TX

    Type:Unimproved Land
    Lot size:
    0.26 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 612 N 3Rd St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R0952013002R1
    Lot size
    0.26 Acres

    Building Details

    Architectural style
    Other

    ERA Empower Realty (469) 249-0378 [email protected]

    Listing agent Trang Dang-Le (469) 249-0378 License #0589942

    Listing date Nov 8, 2025

    MLS# 21101690 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

    Downtown Princeton Commercial Land Opportunity

    Two adjacent commercial lots are available in downtown Princeton. The properties, located at 213 McKinney Street and 612 N 3rd Street, must be sold together. Situated in the heart of downtown Princeton, one of North Texas’s fastest-growing cities, the combined properties offer over half an acre of corner frontage at McKinney Street and 3rd Avenue, providing visibility and accessibility. The location is zoned Commercial and positioned within the Downtown District, making it suitable for a retail boutique, café, professional office, or redevelopment project. The properties are located minutes from US-380 and near the new Princeton Crossroads mixed-use development, a 297-acre project featuring future retail, multifamily, and office spaces. One of the lots has a size of 0.258 acres. Both parcels have completed permits converting from residential to commercial and have been rebuilt from the ground up, including new foundation, framing, walls, bathrooms, electrical, and plumbing. The interiors are move-in ready, suitable for business or future tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Collin
    State
    Texas
    Longitude
    -96.498582
    Latitude
    33.180712

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    FAQs

    What type of property is this?
    Commercial land - Two adjacent commercial lots in thriving downtown Princeton, Texas.
    Where is this commercial land located?
    The property is located at 612 N 3Rd St Princeton, TX.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Two adjacent, corner commercial lots in Downtown Princeton, a rapidly growing city.; - **Prime corner frontage on McKinney Street and 3rd Avenue with excellent visibility and accessibility.**; - **Completely rebuilt from the ground up with new foundation, framing, walls, bathrooms, electrical, and plumbing.**
    (469) 249-0378
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    612 N 3Rd St 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
    612 N 3Rd St Princeton, TX 75407
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