Video tour
#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
- MLS Number: 20551746
- MLS Name: NTR
- Office Name: Keller Williams NO. Collin Cty
- Office Phone: (972) 562-8883
- Listing Agent: Ross Kallenberg
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 3/14/2025, 3:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$385,000
1157 County Road 490
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Most Princeton, TX residents have annual incomes between $35k-100k. Typical family type is married, no kids. Residents of this area typically 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
Similar homes for sale
Video tour
#20821953, David Sawka, Listing Office: Keller Williams Realty DPR
Frequently asked questions
About 1157 County Road 490
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 $385,000.
Between January and February 2025, Princeton, TX real estate market has seen increase in the number of listings by 9.8%. Listings spent 80 days on the market in February 2025, and had a median list price of $344,995 during the same period.
From Rocket Homes Real Estate and based on county public records data.