$2,550,000

Description

JTACR Real Estate Group is pleased to present this Princeton land opportunity: a 11 acre site which previously operated as a wedding venue with a 2 story single family home, large warehouse, underground pool, out buildings, pavilion, all with a beautiful aesthetic of pasture and partially wooded area. The site is outside of city limits, but in the city of Princeton, the 3rd fastest growing city in the United States! With over 25,000 single family units completed and proposed, the Princeton market is aggressively growing, and with that, the demand for additional housing solutions, commercial development, and more. Current ownership has obtained engineering for a 96 site tiny home and RV community and will provide all completed plans and studies for the development. Existing utilities include electricity, water, and on site septic This opportunity presents investors with a unique opportunity to develop around an already unique venue to either use the venue or demo parts of the existing project and finish the development around those features.

  • Property Details
      • Lot description:Acreage, Agricultural, Pasture
      • Exterior materials:Courtyard, Covered Patio/Porch, Garden(s), Stable/Barn, Storage
      • Acres:11.1900
      • Property type:Purchase
      • Utility features:Aerobic Septic
      • Subdivision:A1049
      • School district:Princeton ISD
      • Elementary School:Godwin
      • County:Collin
      • MLS #:20799671
      • Cost:2550000
      • Property subtype:Improved Land
      • MLS #:20799671

Location

Brenda MancilBrenda Mancil REALTOR®
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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