This 12.82-acre parcel is offered for sale, with approximately 2.63 acres designated as buildable and situated outside of the flood zone. The property is currently zoned for agricultural use but is identified in the future use plan for commercial development. It is strategically located at the intersection of Longneck Road and Monte Carlo Boulevard and includes two access points. City water and sewer lines are available. The land is level, roughly graded, and includes an existing residential structure.
This is a unique opportunity to own 38.397 acres backing to Lake Lavon & Corps of Engineers land situated in Princeton, a gem for developers or someone looking for a turnkey RV parkÂbuisnessÂplus land.ÂOwn a fully operational and leased, meticulously maintained RV park & storage business, plus an additional 30+- acres ready for commercial or residential development with stunning lake views. You'll findÂtranquil lakeside living that backs to Lake Lavon and Army Corps of Engineer land. Located in County, NOT within the city or ETJ - no city taxes. Outside of the city limits, commercial zoning, & pasture land. Per the seller, Property is ready with aerobic septic systems, power & a new 8' water lineÂwasÂjust added at the street near the property.ÂApprox 1133 feet of LAKE Lavon frontageÂto the Corps of Engineers land along the lake which should remain undeveloped & which includes walking access to the waters & shoreline of Lake Lavon. Many new homes are being built in the immediate area.
BIG Price Improvement! Great opportunity for a commercial site, would be great as a doctor's office, daycare center, possibilities are endless! New construction neighborhood just past this property, great location with more growth projected all around this area. Here's your chance, make us an offer! **Noted that plans will have to go through the city of Princeton, also sewer line stops right next door. Bring YOUR ideas and let's get those ideas turned into reality! Seller is selling as is, no repairs to be made at this price. Also, seller will need a lease back of 30-45 days after closing.
The median home value in Princeton, TX is $348,900. This is lower than the county median home value of $488,500. The national median home value is $338,100. The average price of homes sold in Princeton, TX is $348,900. Approximately 71.98% of Princeton homes are owned, compared to 25.86% rented, while 2.17% are vacant. Princeton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Princeton real estate agent to arrange a tour today!
Princeton, Texas has a population of 16,683. Princeton is less family-centric than the surrounding county with 41.99% of the households containing married families with children. The county average for households married with children is 44.37%.
The median household income in Princeton, Texas is $85,548. The median household income for the surrounding county is $104,327 compared to the national median of $69,021. The median age of people living in Princeton is 32.3 years.
The average high temperature in July is 93.4 degrees, with an average low temperature in January of 32.2 degrees. The average rainfall is approximately 40.9 inches per year, with 1 inches of snow per year.