300 Cole Street new

Princeton,TX 75407

$ 4350000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 21061071

Lot Size 13.775 Acres

Property Sub-Type Unimproved Land

Property 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.

Location

State TX

County Collin

Zoning MF-2

Exterior

Utilities Available City Sewer,City Water

Building

Lot Description Acreage

Schools

Elementary Schools Lacy

Middle Schools Clark

High Schools Lovelady

School District Princeton Isd

Others

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