845 County Road 490 Princeton Texas 75407
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.
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.
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