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- LoopNet Team
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 | Proposed Use |
Apartment Units - Senior
|
| Property Subtype | Commercial | Total Lot Size | 12.14 AC |
| Zoning | Estate Residential | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use |
Apartment Units - Senior
|
| 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
| Parcel Number | R-6166-006-0080-1 | Improvements Assessment | $409,538 |
| Land Assessment | $331,950 | Total Assessment | $741,488 |
Property Taxes
Listing ID: 32492224
Date on Market: 7/17/2024
Last Updated:
Address: 111 E Monte Carlo Blvd, Princeton, TX 75407
The Land Property at 111 E Monte Carlo Blvd, Princeton, TX 75407 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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