Multi-Family Development
1377 County Road 456, Princeton, TX 75407
For Sale
$7,500,000
ETJ development land with a pre-approved plat for up to 540 units, positioned for multi-family use.
Property SizeContact for details
Days on Market821
Property Features for 1377 County Road 456
General Information
Standard status
Property subtype
Additional Details
Multifamily Units
Listing Agency:
Keller Williams Frisco Stars
Listed By:
John Sheets · License #0361749
(469) 601-2110
Source:
Northerncrain
Added: Aug 9, 2024
Changed: Oct 25
Last Checked: Nov 6 at 5:02AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering is development land located in the ETJ of Princeton, suited for multi-family development. The property includes a pre-approved plat that has been approved for a total of 540 units, providing a defined framework for project planning and entitlement continuity.
The land is identified as 1377 County Road 456 in Princeton, Texas. Being within the ETJ and having an approved plat in place can be helpful for developers looking to move forward with a multi-family concept with established documentation.
For buyers and development teams focused on multi-family, this tract offers a clear, unit-based direction through its approved 540-unit plat. Prospective purchasers should review the approved plat materials and any related conditions as part of their due diligence, including confirming final feasibility for their intended product type and development schedule. If you are evaluating sites for a multi-family build, this property provides both the development context (ETJ) and an existing, pre-approved planning outcome tied to unit count.
The land is identified as 1377 County Road 456 in Princeton, Texas. Being within the ETJ and having an approved plat in place can be helpful for developers looking to move forward with a multi-family concept with established documentation.
For buyers and development teams focused on multi-family, this tract offers a clear, unit-based direction through its approved 540-unit plat. Prospective purchasers should review the approved plat materials and any related conditions as part of their due diligence, including confirming final feasibility for their intended product type and development schedule. If you are evaluating sites for a multi-family build, this property provides both the development context (ETJ) and an existing, pre-approved planning outcome tied to unit count.
Key Highlights
- ETJ development land in Princeton with a pre‑approved plat
- Pre‑approved plat for up to 540 units
- Well suited for multi‑family (MF) development
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
540
Residential units
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential land & home lot - ETJ development land with a pre-approved plat for up to 540 units, positioned for multi-family use.
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: ETJ development land in Princeton with a pre‑approved plat; Pre‑approved plat for up to 540 units; Well suited for multi‑family (MF) development
