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Lot/land
  • $320,000

    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

    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.
    70 days
    |
    172
    |
    17
    |

    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: 71 days
      • Listing terms: Cash,Conventional,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,892/mo

        Price history

        DateEventPrice
        5/8/2026Listed for sale$320,000
        Source: NTREIS #21186173 Report a problem
        10/29/2025Listing removed$320,000
        Source: NTREIS #20551746 Report a problem
        7/12/2025Price change$320,000-8.3%
        Source: NTREIS #20551746 Report a problem
        5/14/2025Price change$349,000-4.4%
        Source: NTREIS #20551746 Report a problem
        3/18/2025Price change$365,000-5.2%
        Source: NTREIS #20551746 Report a problem
        11/22/2024Listed for sale$385,000
        Source: NTREIS #20551746 Report a problem
        9/30/2024Listing removed$385,000
        Source: NTREIS #20551746 Report a problem
        7/16/2024Price change$385,000-3.5%
        Source: NTREIS #20551746 Report a problem
        5/30/2024Price change$399,000-6.1%
        Source: NTREIS #20551746 Report a problem
        4/23/2024Price change$425,000-4.5%
        Source: NTREIS #20551746 Report a problem
        3/6/2024Listed for sale$445,000-55.5%
        Source: NTREIS #20551746 Report a problem
        7/26/2023Listing removed--
        Source: NTREIS #20161301 Report a problem
        9/15/2022Listed for sale$1,000,000
        Source: NTREIS #20161301 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75407

        Getting around

        0 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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