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.
Lot/land
Price increase: $2.2M (8/6)
$5,100,000
111 E Monte Carlo Blvd, Princeton, TX 75407
--beds
--baths
12.14Acres
Improved Land
Built in ----
12.14 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 27 days
- 87
- 1
Zillow last checked:
Listing updated:
Listed by:
Susan Zachary 0527942 903-456-3623,
eXp Realty LLC 888-519-7431
Source: NTREIS,MLS#: 21336767
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Cross Fenced,Fenced
Lot
- Size: 12.14 Acres
- Features: Acreage, Interior Lot, Pasture, Pond on Lot, Few Trees, City Lot
- Residential vegetation: Brush, Cleared, Grassed, Partially Wooded
Details
- Additional structures: Second Residence, Residence, Shed(s), Storage, Workshop, Barn(s)
- Parcel number: 2977720
- Zoning description: PD37
- Horse amenities: Barn, Loafing Shed
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Propane, Overhead Utilities, Sewer Available, Separate Meters, Water Available
Community & HOA
Community
- Features: Curbs
- Subdivision: A0166
HOA
- Has HOA: No
Location
- Region: Princeton
Financial & listing details
- Tax assessed value: $641,560
- Annual tax amount: $12,048
- Date on market: 8/6/2026
- Cumulative days on market: 28 days
- Listing terms: Cash,Conventional,Owner Will Carry,VA Loan
- Road surface type: Concrete, Asphalt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$2,248/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $5,100,000+75.9% |
Source: NTREIS #21336767 Report a problem | ||
| 7/10/2026 | Pending sale | $2,900,000 |
Source: NTREIS #21292698 Report a problem | ||
| 6/10/2026 | Contingent | $2,900,000 |
Source: NTREIS #21292698 Report a problem | ||
| 6/6/2026 | Listed for sale | $2,900,000+2318.7% |
Source: NTREIS #21292698 Report a problem | ||
| 5/15/2026 | Sold | -- |
Source: Public Record Report a problem | ||
| 12/24/2010 | Listing removed | $119,900 |
Source: Vickies Real Estate Group, Inc. #11438535 Report a problem | ||
| 9/4/2010 | Price change | $119,900-7.7% |
Source: Vickies Real Estate Group, Inc #11438535 Report a problem | ||
| 7/31/2010 | Price change | $129,900-5.8% |
Source: Vickies Real Estate Group, Inc #11438535 Report a problem | ||
| 6/30/2010 | Listed for sale | $137,900 |
Source: foreclosure.com Report a problem | ||
| 6/8/2010 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,048 -15.7% | $641,560 -13.5% |
| 2024 | $14,289 -1.9% | $741,876 -1.8% |
| 2023 | $14,567 +51.2% | $755,429 +62.7% |
| 2022 | $9,634 +3% | $464,317 +10% |
| 2021 | $9,355 -6.2% | $422,106 -3.4% |
| 2020 | $9,973 +11.4% | $437,168 +16.6% |
| 2019 | $8,949 -4.5% | $375,000 -1.8% |
| 2018 | $9,368 +20.4% | $381,700 +10% |
| 2017 | $7,783 | $347,000 +4.7% |
| 2016 | $7,783 +16.6% | $331,320 +5.6% |
| 2015 | $6,674 | $313,640 +10.3% |
| 2014 | $6,674 | $284,247 +9.4% |
| 2013 | -- | $259,895 +20.3% |
| 2012 | -- | $216,039 +8.6% |
| 2011 | -- | $198,869 -7.1% |
| 2010 | -- | $213,960 -3.2% |
| 2009 | -- | $221,060 -3.8% |
| 2008 | -- | $229,816 +8.2% |
| 2007 | -- | $212,347 +0.8% |
| 2006 | -- | $210,634 +0.4% |
| 2005 | -- | $209,699 +2.1% |
| 2004 | -- | $205,350 +11.4% |
| 2003 | -- | $184,287 +4.4% |
| 2002 | -- | $176,503 +10% |
| 2001 | -- | $160,457 +10% |
| 2000 | -- | $145,870 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 75407
Nearby schools
Schools provided by the listing agent
- Elementary: Lacy
- Middle: Southard
- High: Lovelady,Princeton
- District: Princeton ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





