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#20849476, Kimberly Barrow, Listing office: Keller Williams NO. Collin Cty
Property details
About 123 Simpson Rd
Prime Commercial Opportunity in the ETJ of Lowry Crossing! Strategically situated off the bustling Hwy 380 corridor between McKinney, Lowry Crossing, and Princeton, this property is perfectly positioned in the heart of one of North Texas’s fastest-growing areas. This highly accessible location provides incredible visibility and easy access, making it ideal for commercial retail, office spaces, or other business developments. With water and power already available, it’s ready for immediate development. Surrounded by thriving communities and adjacent to established commercial properties, this site benefits from the rapid growth and expansion of nearby McKinney, Lowry Crossing, and Princeton. With no known restrictions, the value of this property lies in the land, offering vast potential for various ventures. Please note: Value is in the land only. Do not disturb the occupant of the small frame home on the property. Multiple offers on the property and request that all interested parties submit their highest and best offers by 10:00 AM tomorrow, Wednesday, May 14, for the sellers’ consideration.
Highlights
Home typeVacant Land
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Lot size1.237 Acres
Year built1960
MLS #20774120
Virtual tour
Summary
- List Price: $725,000
- Annual Tax Amount: $78
- Tax Year: 2024
- Lot: Interior Lot, Level
- Directions: see GPS
- Year Built: 1960
- Lot Size: 1.237 Acres
- MLS Number: 20774120
- MLS Name: NTR
- Office Name: Keller Williams NO. Collin Cty
- Office Phone: (972) 562-8883
- Listing Agent: Kimberly Barrow
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Last updated on: 6/14/2025, 2:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$725,000
123 Simpson Rd
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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 | $181,031 | $78 |
| 2023 | $189,840 | $688 |
| 2022 | $137,109 | $688 |
| 2021 | $81,502 | $930 |
| 2020 | $76,025 | $1,310 |
History based on county public records data.
Nearby schools
6
Leta Horn Smith Elementary School
Public District PK-5
0.6 mi
•2101 Forest Meadow Dr
4
Dorothy Lowe Elementary School
Public District PK-5
1.2 mi
•450 Beauchamp Blvd
6
Lacy Elementary School
Public District PK-5
1.8 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 $56,572. Most Princeton, TX residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
30%
<35k
50%
35k-100k
18%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
23%
Single, No Kids
12%
Single, with Kids
30%
Married, No Kids
35%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
41%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
College Football
Motocross
Where do the neighbors shop?
Academy Sports & Outdoors
Best Buy
GameStop
Where do the neighbors go to eat?
Little Caesars
Texas Roadhouse
Sonic
What do the neighbors drive?
Chevrolet
Ram
Jeep
What do the neighbors listen to?
Country
Contemporary Christian- Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 123 Simpson Rd
The listing price of 123 Simpson Rd property is $725,000.
The property 123 Simpson Rd is land located in Princeton, Texas, 75407.
Accepting Backup Offers: 123 Simpson Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 123 Simpson Rd are: Leta Horn Smith Elementary School (GreatSchools Rating 6/10), Dorothy Lowe Elementary School (GreatSchools Rating 4/10), Lacy Elementary School (GreatSchools Rating 6/10), Southard Middle School (GreatSchools Rating 8/10), Clark Middle School (GreatSchools Rating 5/10), Faubion Middle School (GreatSchools Rating 7/10), Princeton High School (GreatSchools Rating 5/10), McKinney High School (GreatSchools Rating 6/10), Lovejoy High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $78 (source: MLS/based on county public records data).
The property 123 Simpson Rd is 1.237 acres.
The year of construction for 123 Simpson Rd is 1960.
This home is located at 123 Simpson Rd in Princeton, TX and zip code 75407. Features: 0 bathroom. It has been listed on Rocket Homes since November 8, 2024 and is currently priced at $725,000.
The inventory of homes for sale in Princeton, TX between April and May 2025 increased by 12%. The median list price of listings available in May 2025 was $343,110, while the average time on the real estate market was 70 days.
From Rocket Homes Real Estate and based on county public records data.