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Lot/land
  • $1,600,000

    6954 County Road 398, Princeton, TX 75407

    --beds
    --baths
    3Acres
    Improved Land
    Built in ----
    3 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Beautiful 3-acre tract of land inside Princeton ETJ. No City Taxes! Culleoka WSC with City of Princeton Utility CCN available. No Zoning, No Floodplain, No current survey. This is a great investment property with the expected growth in this area. It is located 4.5 miles east of McKinney airport, with a large single family development on the east side of the property as well as to the north of the property across County Road 398. Princeton ISD’s has plans to open Phillip Anthony High School No.2 in 2029, which will be built within 1 mile to the east of this property. Princeton Future Use Land Maps dated 2019 for this property are marked manufacturing and warehouse. Currently there is a residence on this property that was built in 2002, with approximately 2100 square feet living area, open concept living area and kitchen, with 3 bedrooms, 2 baths, and a formal dining room which could easily convert to an office and a wood burning fireplace. Updates include engineered hardwood floors, granite counter tops, marble countertops in the baths, tile backsplash in the kitchen with the master bathroom updated in late 2021. New AC Heat pump installed May 2023. The long Ranch style front porch has new cedar post across the front, providing the perfect location to sit and watch a beautiful sunset. Solar Screens are on the west side of the home. A detached 2 car garage, a She Shed in the back yard and an enclosed insulated pole barn with a window unit that provides heat and ac. The east property line has a new privacy wood fence, with a bob wire hog wire fence on the south side, with two gates to access the creek which lines the south boundary line, a barb wire fence on the west and north sides. This could be an ideal Airbnb or personal retreat. This property has an access easement through the 3-acre tract of land directly to the north, which is also available for purchase. Two properties combined give the potential for a 6 acre land purchase.
    197 days
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    10
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Corey Homer 0777944 972-562-9090,

    RES Real Estate Services 972-562-9090

    Source: NTREIS,MLS#: 21142324

      Facts & features

      Interior

      Video & virtual tour

      Property

      Lot
      • Size: 3 Acres
      • Features: Sloped
      Details
      • Parcel number: 1188618
      • Zoning description: No Zoning, Princeton ETJ

      Utilities & green energy

      • Sewer: Aerobic Septic, Septic Tank
      • Water: Community/Coop
      • Utilities for property: Electricity Available, Electricity Connected, None, Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: WD Thompson
      HOA
      • Has HOA: No
      Location
      • Region: Princeton

      Financial & listing details

      • Tax assessed value: $558,213
      • Annual tax amount: $514
      • Date on market: 1/1/2026
      • Cumulative days on market: 133 days
      • Listing terms: Cash,Conventional,Item1031Exchange
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,255/mo

        Price history

        DateEventPrice
        1/1/2026Listed for sale$1,600,000
        Source: NTREIS #21142324 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$514 $414,620 +10%
        2024-- $376,927 +10%
        2023$890 -68.9%$342,661 +10%
        2022$2,861 $311,510 +10%
        2021$2,861 $283,191 -1.7%
        2020$2,861 $288,109 +1.1%
        2019$2,861 $284,895 -0.2%
        2018$2,861 $285,450 +1.7%
        2017$2,861 $280,562 +18.9%
        2016$2,861 -5.3%$235,909 +6.3%
        2015$3,022 $221,879 +10.7%
        2014$3,022 $200,496 +3.7%
        2013-- $193,272 +4.7%
        2012-- $184,644 -0.9%
        2011-- $186,350 -0.9%
        2010-- $188,105 -2.8%
        2009-- $193,427 -2.2%
        2008-- $197,723 -5.3%
        2007-- $208,844 +14.5%
        2006-- $182,372 +0.5%
        2005-- $181,414 +2.6%
        2004-- $176,816 +2.1%
        2003-- $173,220 +95.4%
        2002-- $88,647 +97%
        2001-- $45,000
        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
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Mattei
        • 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.

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