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Entitled Multifamily Development Site
For Sale
$9,750,000

Fm75 East McKinney, Princeton, TX 75407

Fully entitled, fully engineered, shovel-ready 16.1-acre multifamily development site for up to 400 units.

Property Size702,797 SF
Lot Size16.10 Acres
Price / SF$13.87
Days on Market204

Property Features for Fm75 East McKinney

General Information

Standard status Active
Size 702,797 SF
Lot size 16.10 Acres
Property subtype Lots & Acreage / Unimproved Land

Additional Details

Multifamily Units 400

Amenities

No
Listing Agency: Onyx Legacy Realty LLC
Listed By: Mark Allen · License #0589645
Source: Compass
Added: Jan 16 Changed: Aug 8 Last Checked: Mar 25 at 5:21PM

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 Onyx Legacy Realty LLC

Investment Insights

Based on property information with market context.

An exceptional multifamily development site offering a fully entitled, fully engineered, and shovel-ready plan for up to 400 units. The property is positioned as a purpose-built option for developers seeking a ready-to-proceed configuration, supported by development documentation and engineering already in place.

Located in Princeton, Texas, in Collin County, the site is identified at FM 75 East McKinney (75407). This convenient placement within the Dallas–Fort Worth metroplex area supports planning continuity for a large-scale residential project.

The offering consists of approximately 16.1 acres and is presented as a comprehensive development opportunity capable of supporting up to 400 multifamily units based on the existing entitlement and engineering package.

Key Highlights

  • 16.1‑acre multifamily development site in Princeton, TX
  • Fully entitled and fully engineered
  • Shovel‑ready for construction of up to 400 units

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Plumbing Service Locksmith

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

400
Residential units

Location Intelligence

Trade Area within ½ mile

451
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 - Fully entitled, fully engineered, shovel-ready 16.1-acre multifamily development site for up to 400 units.
Where is this residential land & home lot located?
The property is located at Fm75 East McKinney Princeton, TX.
What is the asking price?
The asking price for this property is $9,750,000.
What are key features of this property?
This property features: 16.1‑acre multifamily development site in Princeton, TX; Fully entitled and fully engineered; Shovel‑ready for construction of up to 400 units
More about this property
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