Excellent opportunity to secure a value-add property in one of Princeton’s fastest growing corridors near Hwy 380. Positioned in an area transitioning toward commercial growth with Highway Commercial zoning, this property offers strong potential for investors, landlords, business owners, or future redevelopment. The home features 3 bedrooms, 1 bathroom, 2 living areas, covered parking, and a functional layout with flexibility for a variety of future uses. Previously tenant occupied for several years with strong long-term investment potential and opportunity for future value growth. Surrounded by ongoing development, retail growth, and commercial expansion, this property is ideally located for both short and long-term investment strategies. Conveniently located near schools, shopping, dining, and major thoroughfares with easy access to Hwy 380. Property to be sold as-is, seller to make no repairs. Buyer and buyer’s agent to independently verify all information, zoning, measurements, and future development possibilities with the City of Princeton.
Pending
$142,900
122 McGee St, Princeton, TX 75407
3beds
1,296sqft
Single Family Residence
Built in 1983
9,147 Square Feet Lot
$140,200 Zestimate®
$110/sqft
$-- HOA
What's special
Functional layout with flexibilityCovered parking
- 62 days |
- 30 |
- 6 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ashlyn Dover 0698248 346-412-0524,
Citiwide Alliance Realty 214-326-0399
Source: NTREIS,MLS#: 21262154
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 11 x 10
Bedroom
- Level: First
- Dimensions: 11 x 9
Bedroom
- Level: First
- Dimensions: 9 x 10
Dining room
- Level: First
- Dimensions: 10 x 9
Family room
- Features: Fireplace
- Level: First
- Dimensions: 12 x 15
Other
- Level: First
- Dimensions: 7 x 9
Kitchen
- Features: Pantry
- Level: First
- Dimensions: 9 x 10
Laundry
- Level: First
- Dimensions: 6 x 3
Living room
- Level: First
- Dimensions: 24 x 10
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Range, Refrigerator, Vented Exhaust Fan
- Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
Features
- Eat-in Kitchen, High Speed Internet, Pantry
- Flooring: Tile, Vinyl
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
Interior area
- Total interior livable area: 1,296 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport, Driveway
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Patio, Covered
- Exterior features: Storage
- Pool features: None
- Fencing: Back Yard,Wood
Lot
- Size: 9,147 Square Feet
- Features: Interior Lot
- Residential vegetation: Grassed, Partially Wooded
Details
- Parcel number: R095700000011
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: T F Brown Add
HOA
- Has HOA: No
Location
- Region: Princeton
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $177,913
- Annual tax amount: $3,341
- Date on market: 5/8/2026
- Cumulative days on market: 62 days
- Listing terms: Cash,Conventional
- Exclusions: N/A
Estimated market value
$140,200
$133,000 - $147,000
$1,856/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Pending sale | $142,900$110/sqft |
Source: NTREIS #21262154 Report a problem | ||
| 5/8/2026 | Listed for sale | $142,900-1.4%$110/sqft |
Source: NTREIS #21262154 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/8/2019 | Listing removed | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 12/28/2018 | Listed for rent | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 9/21/2018 | Listing removed | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 8/27/2018 | Listed for rent | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 2/1/2017 | Listing removed | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 1/16/2017 | Listed for rent | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 12/27/2014 | Listing removed | $145,000$112/sqft |
Source: M. Christopher Real Estate #12130506 Report a problem | ||
| 4/27/2014 | Listed for sale | $145,000$112/sqft |
Source: Artisan Realty #12130506 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,341 -7.6% | $177,913 -5.3% |
| 2024 | $3,618 +3.5% | $187,846 +3.7% |
| 2023 | $3,495 +35.4% | $181,223 +55.3% |
| 2022 | $2,580 +6.7% | $116,682 +11.5% |
| 2021 | $2,419 -9.8% | $104,607 -7.4% |
| 2020 | $2,683 +1.1% | $112,977 +6.5% |
| 2019 | $2,654 -4.6% | $106,123 -1.9% |
| 2018 | $2,781 +424.5% | $108,159 +52.8% |
| 2017 | $530 | $70,789 +9% |
| 2016 | $530 -41.1% | $64,953 +25.3% |
| 2015 | $901 | $51,830 +19.3% |
| 2014 | $901 | $43,457 -5.3% |
| 2013 | -- | $45,866 -19.2% |
| 2012 | -- | $56,794 -6.5% |
| 2011 | -- | $60,744 -5.8% |
| 2010 | -- | $64,479 -1.4% |
| 2009 | -- | $65,412 -44.8% |
| 2008 | -- | $118,412 +65.9% |
| 2007 | -- | $71,375 +4.1% |
| 2006 | -- | $68,581 +0.5% |
| 2005 | -- | $68,260 -7.2% |
| 2004 | -- | $73,550 +9.8% |
| 2003 | -- | $67,011 +16.3% |
| 2002 | -- | $57,611 +6% |
| 2001 | -- | $54,336 +7.1% |
| 2000 | -- | $50,717 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- 5/10Lacy Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 7/10Southard MiddleGrades: 6-8Distance: 1.1 mi
- 5/10Princeton High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Lacy
- Middle: Clark
- High: Lovelady
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Collin County
- Princeton
- 75407
- 122 McGee St
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