Tour
$9,441 Closing Credit¹
#20870049, Tammy Watson, Listing Office: Keller Williams Realty DPR
$625,000 List price
845 County Road 490 Princeton, TX 75407
$7,422
Closing credit¹
3 beds
2 full
2,677 sqft
2.6 acres
$233 / sqft
House
Property details
About 845 County Road 490
Priced $75K under market value. 2.566 acres located less than a mile from Lake Lavon and one mile from Hwy 380 on the east side of the City of Princeton. Huge investment upside in the coming 5-7 years: The Princeton loop will connect with Hwy 380 2 miles from this property and the City of Princeton is reserving this area for a lake-related development. Investors have purchased large swaths of land bordering this parcel for this purpose. The investors are currently working with the city of Princeton to extend utilities. NO HOA. Property is restriction free. Come raise horses or run your business. Home has new flooring (carpet and tile) and is move-in ready. There is a 200-sqft storage building.
Highlights
Home typeSingle Family Residence
HeatingElectric, Fireplace(s)
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric, Heat Pump
Size2,677 sqft
Lot size2.566 Acres
Year built1997
ParkingDoor-Multi
MLS #20894193
Attached garage2 spaces
FireplaceMasonry
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Range, Disposal, Microwave
- Basement: No
- Interior: Built-in Features, Cathedral Ceiling(s), Granite Counters, High Speed Internet, Loft, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
- Fireplace: Masonry
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Door-Multi
- Exterior: Basketball Court, Storage
- Architectural Style: Craftsman, Detached, Farmhouse
- Heating: Electric, Fireplace(s)
- Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
- List Price: $625,000
- Price/SqFt: $233
- Annual Tax Amount: $7,266
- Tax Year: 2024
- Lot: Agricultural, Back Yard, Cleared, Lawn, Level, Pasture, Few Trees
- Directions: East on State Hwy 380 from Princeton. Turn south on Lake Ridge Dr (found immediately after the city complex). Turn east on County Road 456. Turn south at stop sign onto County Road 490. Drive .9 miles (through the S-curve). House is located on the east side of County Road 490.
- Year Built: 1997
- Living Area: 2,677 SqFt
- Lot Size: 2.566 Acres
- MLS Number: 20894193
- MLS Name: NTR
- Office Name: Congress Realty, Inc.
- Office Phone: (888) 881-4118
- Listing Agent: Jared English
©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.
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Last updated on: 5/30/2025, 10:20:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$625,000
845 County Road 490
$7,422
closing credit¹
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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 | $502,991 | $7,266 |
| 2023 | $488,348 | $6,638 |
| 2022 | $395,969 | $6,638 |
| 2021 | $343,000 | $5,189 |
| 2020 | $301,113 | $5,189 |
| 2019 | $304,245 | $5,692 |
| 2018 | $302,446 | $5,692 |
| 2017 | $254,995 | $4,824 |
History based on county public records data.
Nearby schools
8
Melvin and Delzie Harper Elementary School
Public District PK-5
2.4 mi
•8080 County Road 398
5
James A. Godwin Elementary School
Public District PK-5
2.4 mi
•1019 N 6th St
6
Lacy Elementary School
Public District PK-5
2.6 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. Typical income of Princeton, TX residents is between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
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 845 County Road 490
The listing price of 845 County Road 490 property is $625,000.
The property 845 County Road 490 is a house located in Princeton, Texas, 75407.
Active Listing: 845 County Road 490 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 845 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 2024 is $7,266 (source: MLS/based on county public records data).
The property at 845 County Road 490 has 3 bedrooms and 2 bathrooms.
The property 845 County Road 490 is 2,677 SqFt (source: MLS/tax record).
The year of construction for 845 County Road 490 is 1997.
This home is located at 845 County Road 490 in Princeton, TX and zip code 75407. This 2,677 square foot home, which was built in 1997, sits on a 2.57 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $625,000.
The number of listings in Princeton, TX increased by 20% between March and April 2025. 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.