Last 24 Hours
$4,500,000
NAL Estimated Property Value0 County Road 447, Princeton, TX, 75407
Off Market
Property Lead Type:
Off-Market List
About this property
Prime ±19.86-acre tract at the southeast corner of CR 447 and Nathan Drive in Princeton’s ETJ. Minutes from US-380 and bordered by large master-planned communities, the property offers roughly ±15 net usable acres outside the floodplain and flowage easement. Utilities include a 48” wastewater line along the west side of CR 447 and a planned 12” water main connection. With no zoning restrictions and surrounded by significant single-family and multifamily growth, this site is an exceptional development opportunity in one of Collin County’s fastest-growing corridors.
Investor Tools
$4,500,000
Estimated Property Value
$0Estimated Mortgage Balance
$4,500,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$27,000 /month
Positive
Cash Flow Estimate:
$9,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%