$4,350,000
For Sale

300 Cole Street

Princeton, TX 75407
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained to offer the opportunity to purchase a 13.775+- acre zoned build-to-rent development Site along Cole Street and East Hazelwood Street (County Road 456) in Princeton, TX (“the Site”). Currently in-place is a preliminary plat for 142 cottage style units. However, the Site can potentially accommodate up to 156 units per the base zoning.
The Site is already zoned MF-2 through PD-13 and the Seller has near completed construction plans for the project that will be conveyed at Closing. Additionally, the Seller has indicated that this property is exempt from the city-wide development moratorium. This well-located Site is a great opportunity to acquire a development parcel at an attractive price of only $7.25 per square foot.

  • Property Details
      • Utility FeaturesSewer Available, Water Available
      • Property Subtype AdditionalUnimproved Land
      • Property SubtypeUnimprovedLand
      • School DistrictPrinceton ISD
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • High SchoolLovelady
      • MLS #21061071
      • MLS #21061071
      • Lot FeaturesAcreage
      • Lot DescriptionAcreage
      • Cost4350000
      • Parcel Number1810311
      • Acres13.775
      • Utility SourcePublic
      • CountyCollin
      • Middle SchoolClark
      • Elementary SchoolLacy
      • SubdivisionNA
      • Days on Market (Cumulative)1

Location

McCOWN Real EstateThe McCOWN Team
OR

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6.0%

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2.6%
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