Multi-Family Development
1377 County Road 456, Princeton, TX 75407
For Sale
$6,500,000
Prime ETJ development land with a preapproved plat for multi-family units.
Property Size1 SF
Price / SF$6,500,000
Days on Market848
Property Features for 1377 County Road 456
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Multifamily Units
Listing Agency:
Keller Williams Frisco Stars
Listed By:
John Sheets · License #0361749
(469) 601-2110
Source:
Reflectrealestate
Added: Jul 13, 2024
Changed: Nov 2
Last Checked: Nov 7 at 4:59AM
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
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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.
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
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Open Analytics
Lease Details
540
Residential units
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
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Business Placement
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
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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 $6,500,000.
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
