1157 County Road 490 Princeton, TX $ 320,000
1157 County Road 490
$ 320,000
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1157 County Road 490

Princeton, TX, 75407
$ 320,000
Baths0.0

Monthly Estimate*

$ 1,970

1157 County Road 490, Princeton, TX 75407 - Image 1
1157 County Road 490, Princeton, TX 75407 - Image 2
1157 County Road 490, Princeton, TX 75407 - Image 3
1157 County Road 490, Princeton, TX 75407 - Image 4
1157 County Road 490, Princeton, TX 75407 - Image 5
1157 County Road 490, Princeton, TX 75407 - Image 6
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Studio

Lots and Land for sale in Princeton, TX

for $320,000. This property was built in 1987 on a lot size of 3.303.

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.

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Lots and Land Active

Price

$ 320,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,545

Style

Improved Land

Lot Size

3.303

Year Built

1987

Town/City

Princeton

County/Region

Collin

MLS | Web ID

21186173

Features
General
Development Status Utilities Installed
Utilities Asphalt Co-op Electric Co-op Water Electricity Available Propane Septic
Possession Closing/Funding
current use Residential Single Family Vacant
Restrictions None
School District Princeton ISD
Year Built 1987
Topography FLAT
Property Subtype Improved Land
Subdivision Name Murillo Addition
Occupant Type Vacant
County Collin
Property Type Land
HOA Type None
Status Active
Directions From McKinney travel east on US 380 towards Princeton turn right onto CR 457 Continue south on CR 457 about .2 mile and turn left on CR 456. Continue east on CR 456 for about a mile and turn right o
City Princeton
Elementary School Name Godwin
High School Princeton
Elementary School Godwin
Standard Status Active
Listing Terms Cash Conventional VA Loan
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Exterior
Waterfront 0
Exterior Features Storage
Lot Features Acreage Cleared
Fencing Fenced
Soil Type Black Clay
Lot Size Source Public Records
Lot Size 3 to < 5 Acres
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Internal Only
Street Number 1 1157
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* Excluded Features
List By
Ross Kallenberg

Listing Agent

Keller Williams No. Collin Cty

Broker

Affordability Calculator

$2,349
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,970
Monthly Property Taxes
$379
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
286571 Elementary School
3676441 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
5/8/2026 $320,000 Listed Price

Map


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1157 County Road 490, Princeton, TX, 75407 is a Lots and Land for sale at $320,000 with a lot size of 3.303. 1157 County Road 490 is a studio with 0.0 baths and was built in 1987. The property's zip code is 75407 which is in Princeton, TX