MOTIVATED SELLER ... Investor & Lifestyle Opportunity – 3.3 Acres in the Princeton Growth Corridor. Located within the ETJ of Princeton—one of the fastest-growing areas in North Texas—this 3.3-acre tract offers a unique blend of long-term investment potential and peaceful country living. Tucked off the road with a long private drive, the property provides privacy, quiet surroundings, and a safe, secluded setting ideal for a young family or a relaxed retirement lifestyle. The property features a 1987-built 3-bedroom, 2-bath home (approx. 1,650 sq ft). While the home will require some TLC, it offers flexibility for a handyman, investor, or buyer looking to renovate and make it their own. The land itself is the true highlight—open space with a stock pond suitable for horses or livestock, along with multiple storage buildings and two large carports. A metal roof, less than 10 years old with a lifetime warranty, adds long-term value. Positioned just minutes from US 380, local schools, retail, dining, and Lake Lavon for fishing and boating, the property offers the feel of small-town living with convenient access to big-city amenities. Surrounded by ongoing residential and commercial growth, this tract presents strong future upside. Whether you’re looking for a private homestead, a rental hold, or a long-term land investment, this is a rare opportunity to secure acreage in a rapidly expanding corridor. Value is in the land, with added lifestyle appeal.
Lot/land
Price cut: $25K (7/22)
$295,000
1157 County Road 490, Princeton, TX 75407
--beds
--baths
3.3Acres
Improved Land
Built in 1987
3.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 119 days
- 204
- 22
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ross Kallenberg 0788795 972-562-8883,
Keller Williams NO. Collin Cty 972-562-8883
Source: NTREIS,MLS#: 21186173
Facts & features
Interior
Video & virtual tour
Property
Features
- Exterior features: Storage
- Fencing: Fenced
- Body of water: Lavon
Lot
- Size: 3.3 Acres
- Features: Acreage, Cleared, Flat
- Topography: Level
Details
- Parcel number: R664000001701
- Zoning description: ETJ Princeton
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: Electricity Available, Propane, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Murillo Addition
HOA
- Has HOA: No
Location
- Region: Princeton
Financial & listing details
- Tax assessed value: $391,963
- Annual tax amount: $4,545
- Date on market: 5/8/2026
- Cumulative days on market: 120 days
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,892/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $295,000-7.8% |
Source: NTREIS #21186173 Report a problem | ||
| 5/8/2026 | Listed for sale | $320,000 |
Source: NTREIS #21186173 Report a problem | ||
| 10/29/2025 | Listing removed | $320,000 |
Source: NTREIS #20551746 Report a problem | ||
| 7/12/2025 | Price change | $320,000-8.3% |
Source: NTREIS #20551746 Report a problem | ||
| 5/14/2025 | Price change | $349,000-4.4% |
Source: NTREIS #20551746 Report a problem | ||
| 3/18/2025 | Price change | $365,000-5.2% |
Source: NTREIS #20551746 Report a problem | ||
| 11/22/2024 | Listed for sale | $385,000 |
Source: NTREIS #20551746 Report a problem | ||
| 9/30/2024 | Listing removed | $385,000 |
Source: NTREIS #20551746 Report a problem | ||
| 7/16/2024 | Price change | $385,000-3.5% |
Source: NTREIS #20551746 Report a problem | ||
| 5/30/2024 | Price change | $399,000-6.1% |
Source: NTREIS #20551746 Report a problem | ||
| 4/23/2024 | Price change | $425,000-4.5% |
Source: NTREIS #20551746 Report a problem | ||
| 3/6/2024 | Listed for sale | $445,000-55.5% |
Source: NTREIS #20551746 Report a problem | ||
| 7/26/2023 | Listing removed | -- |
Source: NTREIS #20161301 Report a problem | ||
| 9/15/2022 | Listed for sale | $1,000,000 |
Source: NTREIS #20161301 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $173,174 +10% |
| 2024 | -- | $157,431 +10% |
| 2023 | -- | $143,119 +10% |
| 2022 | -- | $130,108 +10% |
| 2021 | -- | $118,280 +10% |
| 2020 | -- | $107,527 +10% |
| 2019 | -- | $97,752 +10% |
| 2018 | -- | $88,865 +2.6% |
| 2017 | -- | $86,640 +18% |
| 2016 | -- | $73,442 +2.8% |
| 2015 | -- | $71,428 +4.3% |
| 2014 | -- | $68,504 +5.4% |
| 2013 | -- | $65,016 +0.5% |
| 2012 | -- | $64,675 -3.6% |
| 2011 | -- | $67,109 -2.9% |
| 2010 | -- | $69,113 -2.9% |
| 2009 | -- | $71,174 -3.9% |
| 2004 | -- | $74,099 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 75407
Nearby schools
Schools provided by the listing agent
- Elementary: Godwin
- Middle: Clark
- High: 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.





