




$5,100,000
111 E Monte Carlo Blvd, Princeton, TX, 75407
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About this property
Positioned in one of the fastest-growing cities in the United States, this exceptional 12.14± acre tract at 111 E. Monte Carlo Blvd presents a compelling development and investment opportunity in Princeton. Located approximately one mile north of U.S. 380 and near the planned U.S. 380 Bypass, the property offers strong visibility, convenient access, and extensive frontage, including approximately 418+ feet along E. Monte Carlo Blvd and an additional 279+ feet along Longneck Rd. Recent retail development directly across street includes The Shops of Monticello, McDonalds, Murphys; Townhomes of Monticello, & Arka Montessori School of Princeton. The surrounding traffic volume further enhances the site’s commercial potential, providing valuable exposure for businesses & future developments seeking a prominent location within the rapidly expanding U.S. 380 growth corridor. Princeton’s and Collin County's population has increased significantly in recent years. This continued expansion reflects one of the strongest growth markets in Texas and across the nation. Strong household incomes, an expanding workforce, highly regarded Princeton ISD schools, and ongoing residential, retail, and commercial development continue to support demand throughout the area. With its size, frontage, visibility, and strategic location, the property is well positioned for a wide range of potential uses, including commercial or retail development, restaurants, child care, automotive services, self-storage, mixed-use projects, office or medical space, senior housing, build-to-rent communities, residential development, service-based businesses, or long-term investment, subject to applicable approvals and buyer due diligence. Conveniently located near Downtown Princeton & within easy reach of McKinney, Anna, Melissa, Farmersville, Allen, Frisco, Plano, & the greater DFW Metroplex, this rare offering provides exceptional access to one of North Texas’ most dynamic and rapidly expanding markets.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Princeton
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