Exceptional 16.1-Acre Multifamily Development Site – Princeton, TX
Fully Entitled Fully Engineered 400 Units Fastest-Growing City in the U.S.
Presenting a premier development opportunity in the heart of Princeton, Texas — the fastest-growing city in the United States, with a staggering 30.6% population increase between July 2023 and July 2024. This 16.1-acre multifamily site is fully entitled, fully engineered, and shovel-ready for the construction of 400 units, making it an unparalleled offering in today’s high-demand housing market.
Strategically located in Collin County — one of the fastest-growing counties in America — this property positions developers at the epicenter of growth within the dynamic Dallas-Fort Worth metroplex, one of the strongest real estate markets in the nation.
Lot/land
$8,900,000
Fm 75 McKinney, Princeton, TX 75407
--beds
--baths
16.13Acres
Unimproved Land
Built in ----
16.13 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 208 days
- 37
- 1
Zillow last checked:
Listing updated:
Listed by:
Mark Allen 0589645,
Onyx Legacy Realty LLC 469-806-0639
Source: NTREIS,MLS#: 21168636
Facts & features
Property
Lot
- Size: 16.13 Acres
- Features: Acreage
Details
- Parcel number: R616600611001
- Zoning description: Mutlifamily
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: David Cherry Surv Abs #166
HOA
- Has HOA: No
Location
- Region: Princeton
Financial & listing details
- Annual tax amount: $79,191
- Date on market: 2/2/2026
- Cumulative days on market: 151 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Price change | $8,900,000-8.7% |
Source: NTREIS #21168636 Report a problem | ||
| 2/2/2026 | Listed for sale | $9,750,000 |
Source: NTREIS #21168636 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 75407
Nearby schools
Schools provided by the listing agent
- Elementary: Godwin
- Middle: Southard
- 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.





