This Land Property is no longer advertised on LoopNet.com.

111 E Monte Carlo Blvd
Princeton, TX 75407
Land For Sale · 12.14 AC

Investment Highlights

  • Entitled BTR Site
  • High-growth community of Princeton, TX

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units - Senior
  • Daycare Center
  • Medical
  • Office Park
Total Lot Size 12.14 AC
Zoning Estate Residential

Description

- 12.140-acre development on E Monte Carlo Blvd, just one mile north of US 380. Features 420 feet of frontage on E Monte Carlo Blvd and 280 feet on Longneck Rd with one curb cut along each. - The site boasts proximity to excellent schools in the highly rated Princeton ISD, as well as numerous national credit retail attractions. - Median household income in the immediate area exceeds $83,000, providing ample income qualified renters for BTR product. - The seller has carried the entitlement work to near completion, and the 12.2 acres are shovel-ready as soon as permit fees are paid. - The existing site plan programs a total of 126 1-, 2-, and 3-bedroom single-story quadplex units and existing vertical architectural plans are included in the offering.

Property Taxes

Property Taxes

Parcel Number
R-6166-006-0080-1
Land Assessment
$331,950
Improvements Assessment
$409,538
Total Assessment
$741,488
  • Listing ID: 32492224

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 111 E Monte Carlo Blvd, Princeton, TX 75407

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