Exceptional 16.1-Acre Multifamily Development Site – Princeton, TX
Fully Entitled Fully Engineered 400 Units Fastest-Growing City in the U.S.
Presenting a premier development opportunity in the heart of Princeton, Texas — the fastest-growing city in the United States, with a staggering 30.6% population increase between July 2023 and July 2024. This 16.1-acre multifamily site is fully entitled, fully engineered, and shovel-ready for the construction of 400 units, making it an unparalleled offering in today’s high-demand housing market.
Strategically located in Collin County — one of the fastest-growing counties in America — this property positions developers at the epicenter of growth within the dynamic Dallas-Fort Worth metroplex, one of the strongest real estate markets in the nation.
MORTGAGE CALCULATOR
$45,003
Estimate only — not a loan offer. Consult a lender for actual terms.
LISTING SNAPSHOT
Price$8,900,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)N/A
Lot Size16.134 Acres
Year Built0
MLS® Number21168636
StatusActive
Property Tax79191
HOA/Condo/Coop FeesN/A
GENERAL
Acres16.134
Additional Property UseMulti-Family
Property Sub TypeUnimproved Land
SewerPublic Sewer
Special CircumstancesStandard
ZoningMutlifamily
COMMUNITY
School DistrictPrinceton ISD
SCHOOLS
School DistrictPrinceton ISD
Elementary SchoolGodwin
Middle SchoolSouthard
High SchoolLovelady
RECENT ACTIVITY
March 2, 20268900000
February 2, 2026Active
Listing courtesy of Onyx Legacy Realty LLC
Listing courtesy of Mark Allen of Onyx Legacy Realty LLC mallen@onyxlg.com
© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-07-15 03:39 AM CDT
© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-07-15 03:39 AM CDT
Comps
An estimate is not available for this listing.
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