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2213 County Road 447
Princeton, TX 75407
Meridian Grove · Land For Sale
·
20.00 AC


Executive Summary
Northmarq is pleased to present Meridian Grove, a ±20-acre residential development site in Princeton, Texas. With approximately 16 usable acres in Collin County, the site sits on the US 380 corridor at the leading edge of Dallas Fort Worth’s northeastern expansion, in the fastest growing city in the United States.
Princeton has grown from roughly 17,500 residents in 2020 to an estimated 46,000 to 48,000 today, reaching its own 2050 forecast a 25 years earlier. Through a 14-month residential permit moratorium, since lifted by state law, the city continued absorbing roughly 300 homes per month from previously approved projects. The numbers are clear: the demand never paused. What did pause was the ability to bring new residential land to the table, and that constraint has now been removed.
Princeton is absorbing roughly 300 homes a month, and more than 10 national builders are competing to feed it. The development opportunity that Meridian Grove provides gives homebuilders a chance to step directly into that demand, in the path of all of it, before the rest of the corridor catches up.
Princeton has grown from roughly 17,500 residents in 2020 to an estimated 46,000 to 48,000 today, reaching its own 2050 forecast a 25 years earlier. Through a 14-month residential permit moratorium, since lifted by state law, the city continued absorbing roughly 300 homes per month from previously approved projects. The numbers are clear: the demand never paused. What did pause was the ability to bring new residential land to the table, and that constraint has now been removed.
Princeton is absorbing roughly 300 homes a month, and more than 10 national builders are competing to feed it. The development opportunity that Meridian Grove provides gives homebuilders a chance to step directly into that demand, in the path of all of it, before the rest of the corridor catches up.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Single Family Residence |
| Property Type | Land | Total Lot Size | 20.00 AC |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 20.00 AC |
1 Lot Available
Lot
| Lot Size | 20.00 AC |
| Lot Size | 20.00 AC |
±20 Acres (16 acres usable) Approved for up to 184 residential units
Property Taxes
| Parcel Number | R-6890-002-0460-1 | Improvements Assessment | $394,014 |
| Land Assessment | $102,019 | Total Assessment | $496,033 |
Property Taxes
Parcel Number
R-6890-002-0460-1
Land Assessment
$102,019
Improvements Assessment
$394,014
Total Assessment
$496,033
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