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Multi-Family Development Land
For Sale
$7,500,000

1377 County Road 456, Princeton, TX 75407

Prime ETJ development land with a preapproved plat for multi-family units.

Property SizeContact for details
Days on Market730

Property Features for 1377 County Road 456

General Information

Standard status Active
Property subtype Unimproved Land

Additional Details

Multifamily Units 540
Listing Agency: Keller Williams Frisco Stars
Listed By: John Sheets · License #0361749
Source: Sukazarealty
Added: Aug 9, 2024 Changed: Aug 8 Last Checked: Aug 8 at 8:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Frisco Stars

Investment Insights

Based on property information with market context.

This is development land in the ETJ of Princeton, positioned for multi-family use. The property includes a pre-approved plat, which has been approved for a 540-unit development concept.

The offering is specifically structured around the approved subdivision plan, helping streamline the early planning and entitlement path for a residential multi-family project. The land is being marketed as a development site aligned with the approved unit count.

For developers and builders seeking a multi-family project with an approved plat in place, this property offers a clear starting point. The pre-approved 540-unit plat supports planning continuity for those who want to advance toward implementation based on an already-reviewed development layout. Buyers should confirm all development requirements and next-step approvals directly with the relevant authorities before proceeding.

Key Highlights

  • Prime development land in the ETJ of Princeton
  • Preapproved plat approved for 540 multi‑family units

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Storage Facility Locksmith Grocery & Convenience Store Auto Repair Shop (Bike/Boat/Book/etc) Store

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

Lease Details

540
Residential units

Location Intelligence

Trade Area within ½ mile

60
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?
Residential land & home lot - Prime ETJ development land with a preapproved plat for multi-family units.
Where is this residential land & home lot located?
The property is located at 1377 County Road 456 Princeton, TX.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Prime development land in the ETJ of Princeton; Preapproved plat approved for 540 multi‑family units
More about this property
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