Princeton, TX 75071,2855 County Road 407
$3,600,000
Est. payment /mo
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6.09 Acres Lot
Active

2855 County Road 407 Princeton, TX 75071

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Ryan Smith

Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

+1(512) 466-1460

UPDATED:

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Jacob Snively Surv Abs #863

MLS Listing ID 20897620

HOA Y/N No

Annual Tax Amount $14

Lot Size 6.091 Acres

Acres 6.091

Property Sub-Type Unimproved Land

Property Description

PRIME DEVELOPMENT OPPORTUNITY - About 6AC WITH HWY 380 FRONTAGE IN MCKINNEY ETJ

Exceptional investment opportunity in one of DFW's fastest-growing corridors! This 6.AC parcel offers over 382 feet of frontage along both US Highway 380 (44,432 VPD) and County Road 407 in McKinney's ETJ, providing outstanding visibility and accessibility.

KEY HIGHLIGHTS:
* Strategic location less than 3 miles from McKinney National Airport's new $72M terminal expansion
* No zoning restrictions - Build retail, flex space, mixed-use, outside storage, or self-storage
* High-traffic location with 44,432 vehicles per day (2023 TXDOT data)
* NOT in flood zone
* Current AG exempt status
* Dual road frontage on US 380 and CR 407

STRONG DEMOGRAPHICS:
* Rapidly growing area with over 5 percent annual population growth within 5 miles
* Projected 90,018 population by 2029 within 5 miles
* Young, affluent demographic with median age of 36.5
* Strong household incomes with significant growth projected

DEVELOPMENT POTENTIAL:
Located in McKinney ETJ, this versatile parcel offers maximum flexibility for development with no current zoning restrictions. The property is perfectly positioned to capitalize on McKinney's explosive growth and the upcoming airport expansion, which will drive additional commercial development in the area.

Location

State TX

County Collin

Zoning Outside City Limits. McKinney ETJ

Direction Please use GPS

Interior

Inclusions Land Only

Fireplace No

Exterior

Utilities Available Electricity Available, Water Available

Water Access Desc Community/Coop

Building

Water Community/Coop

Others

Tax ID R686300001501


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Homestead & Ranch Real Estate

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+1(512) 466-1460

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2855 County Road 407