Multifamily Development
1377 County Road 456 Princeton, Princeton, TX 75407
For Sale
$6,500,000
For-sale development land in the ETJ of Princeton with a pre-approved plat for 540 units.
Property SizeContact for details
Days on Market131
Property Features for 1377 County Road 456 Princeton
General Information
Standard status
Property subtype
Zoning
Additional Details
Multifamily Units
Listing Agency:
JPAR
Listed By:
George Goodman
(800) 683-5651
Source:
Jparhouston
Added: Jun 30
Changed: Oct 31
Last Checked: Oct 7 at 9:55AM
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 JPAR
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Investment Insights
Based on property information with market context.
This for-sale development site is residential land positioned for multifamily development. The property has a pre-approved plat already approved for 540 units, providing an established planning framework for a future project.
Located in the ETJ of Princeton, the site is described as well situated for MF development. The offering centers on the existing pre-approval, which can help streamline early development planning compared with starting from scratch.
For developers and investors looking for a land basis in the Princeton ETJ, the pre-approved 540-unit plat is the key asset. This configuration may appeal to parties that want to move forward with a multifamily plan while leveraging the documentation already approved as part of the plat process. Interested buyers should confirm the specific development requirements and any next steps tied to the approved plat during their due diligence.
Located in the ETJ of Princeton, the site is described as well situated for MF development. The offering centers on the existing pre-approval, which can help streamline early development planning compared with starting from scratch.
For developers and investors looking for a land basis in the Princeton ETJ, the pre-approved 540-unit plat is the key asset. This configuration may appeal to parties that want to move forward with a multifamily plan while leveraging the documentation already approved as part of the plat process. Interested buyers should confirm the specific development requirements and any next steps tied to the approved plat during their due diligence.
Key Highlights
- Development land in the ETJ of Princeton
- Pre‑approved plat approved for 540 units
- Site noted as well suited for MF development
Property Analytics
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Lease Details
540
Residential units
Location Intelligence
Trade Area within ½ mile
143
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 - For-sale development land in the ETJ of Princeton with a pre-approved plat for 540 units.
Where is this residential land & home lot located?
The property is located at 1377 County Road 456 Princeton 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: Development land in the ETJ of Princeton; Pre‑approved plat approved for 540 units; Site noted as well suited for MF development
