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$1,200,000

4910-1 FM-546, Princeton, TX, 75407

On MarketInfo
CommercialInfo
Baths0 Bath
Baths1,269 Sq Ft

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1 acre

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-6892-001-1960-1
Lot Number196
SubdivisionW D Thompson Survey
Land UseResidential
Legal DescriptionABS A0892 W D THOMPSON SURVEY, SHEET 1, TRACT 196, 1.0 ACRES
Census Tract031007
Assessed Land Value$75,000
Assessed Improvement Value$39,696
Assessment Year2025

About this property

Exceptional opportunity to acquire a high-visibility commercial corner located on FM 546 at County Road 392 in the rapidly growing Princeton submarket. This property sits directly in the path of ongoing residential expansion, surrounded by multiple large-scale subdivision developments. The property has been cleared, allowing for immediate planning and development. Strategically positioned just minutes from McKinney and Highway 380, the site offers excellent accessibility and exposure along a well-traveled corridor, including proximity to local schools which drive consistent daily traffic. Key Highlights: Hard corner location with strong frontage on FM 546 Cleared site – ready for development Located outside city limits and removed from Princeton ETJ Streamlined permitting through Collin County 12-inch water line available via Culleoka Water (across FM 546) Minimal nearby commercial competition Ideal for retail, convenience store, gas station, service-based users, mixed-use development, or industrial flex. This property presents a rare opportunity to establish a commercial presence in an underserved, high-growth corridor with strong long-term upside.

Investor Tools

$0Estimated Mortgage Balance
$232,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Giovanni Locatelli

Gregorio Real Estate Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$901/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,647
$114,696
2025
$75,000
$39,696
$114,696
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,647
$114,696

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$232,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
N/A
+$1,710/mo
8.8%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Princeton

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4910-1 FM-546 | Property Details | No Agent List