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#20826006, Bob Smith, Listing Office: Keller Williams Prosper Celina
Property details
About 1157 County Road 490
Developer and Investor Special **THE VALUE IS IN THE LAND ** This 3.3-acre opportunity has incredible potential with direct access to CR 490 & US 380. The existing distressed home (1987 3 BR & 2 BA - 1650 sq ft) can be revitalized as a rental or demolished as part of a future development or strategic piece to a larger future development. This land lies within the Princeton ETJ location, but just outside the city limits with no known restrictions and the future land use is suburban and estate living. Don't miss out on this opportunity to capitalize on Princeton’s thriving development. With easy access to HWY 380 and just minutes from shops, restaurants, schools, and Lake Lavon. Enjoy the best of both worlds: the tranquility of country living and the convenience of city amenities. Prime location, prime investment! Don't miss this chance to own a piece of the future. Distressed home with 3 BR & 2 BA and all other structures convey with the property; A new survey will be needed.
Highlights
Home typeVacant Land
StatusActive
Lot size3.303 Acres
Year built1987
MLS #20551746
Virtual tour
Summary
- Exterior: Storage
- List Price: $349,000
- Annual Tax Amount: $1,853
- Tax Year: 2020
- Lot: Cleared, Level
- Directions: From McKinney, travel east on US 380 towards Princeton, turn right onto CR 457 Continue south on CR 457 about .2 mile and turn left on CR 456. Continue east on CR 456 for about a mile and turn right onto CR 490. Follow CR 490 south and property will be on the left. Or use GPS
- Year Built: 1987
- Lot Size: 3.303 Acres
- MLS Number: 20551746
- MLS Name: NTR
- Office Name: Keller Williams NO. Collin Cty
- Office Phone: (972) 562-8883
- Listing Agent: Ross Kallenberg
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Last updated on: 5/31/2025, 2:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$349,000
1157 County Road 490
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $355,079 | $- |
| 2023 | $377,328 | $- |
| 2022 | $326,005 | $- |
| 2021 | $190,997 | $- |
| 2020 | $107,527 | $1,853 |
| 2019 | $97,752 | $1,672 |
| 2018 | $88,865 | $1,672 |
| 2017 | $80,786 | $1,528 |
History based on county public records data.
Nearby schools
8
Melvin and Delzie Harper Elementary School
Public District PK-5
2.5 mi
•8080 County Road 398
5
James A. Godwin Elementary School
Public District PK-5
2.7 mi
•1019 N 6th St
6
Lacy Elementary School
Public District PK-5
2.9 mi
•224 E College St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,450. Residents of Princeton, TX typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
26%
<35k
51%
35k-100k
16%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
12%
Single, with Kids
32%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hunting
Monster Trucks
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Dollar General
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Sonic
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
New Country
Classic Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1157 County Road 490
The listing price of 1157 County Road 490 property is $349,000.
The property 1157 County Road 490 is land located in Princeton, Texas, 75407.
Active Listing: 1157 County Road 490 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1157 County Road 490 are: Melvin and Delzie Harper Elementary School (GreatSchools Rating 8/10), James A. Godwin Elementary School (GreatSchools Rating 5/10), Lacy Elementary School (GreatSchools Rating 6/10), Clark Middle School (GreatSchools Rating 5/10), Southard Middle School (GreatSchools Rating 8/10), Farmersville Jr High School (GreatSchools Rating 7/10), Princeton High School (GreatSchools Rating 5/10), Farmersville High School (GreatSchools Rating 6/10), Community High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2020 is $1,853 (source: MLS/based on county public records data).
The property 1157 County Road 490 is 3.303 acres.
The year of construction for 1157 County Road 490 is 1987.
This home is located at 1157 County Road 490 in Princeton, TX and zip code 75407. Features: 0 bathroom. It has been listed on Rocket Homes since March 6, 2024 and is currently priced at $349,000.
Between March and April 2025, Princeton, TX real estate market has seen increase in the number of listings by 20%. The median list price of listings available in April 2025 was $345,000, while the average time on the real estate market was 70 days.
From Rocket Homes Real Estate and based on county public records data.