Description
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...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.
- Listed by Mark Allen • TREC #0589645 • Onyx Legacy Realty LLC
Property Details for Fm75 East McKinney
Property Details for Fm75 East McKinney
| Status | Active |
|---|---|
| MLS # | 21168636 |
| Days on Market | 1 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Lots & Acreage / Unimproved Land |
| Year Built | - |
| Lot Size | 16.13 AC |
| County | Collin County |
Location
Building Information for Fm75 East McKinney
Payment Calculator
$47,520 per month
30 year fixed, 6.15% Interest
$47,520
$0
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Property Information for Fm75 East McKinney
- Block: 6
- Directions: Parcel neighbors 461 Cortez Aly, Princeton, TX 75407, use GPS for ease. Take US380 to Monte Carlo Blvd.
- Elementary School: Godwin
- Elementary School Name: Godwin
- High School: Lovelady
- High School Name: Lovelady
- Intermediate School: Huddleston
- Middle School: Southard
- Senior High School: Princeton
- School District: Princeton ISD
- Geocode Confidence: Low
- Latitude: 33.18
- Longitude: -96.50
- State: Texas
- Tax Legal Description: ABS A0166 DAVID CHERRY SURVEY, SHEET 6, TRACT
- Association Type: None
- Waterfront: No
- Utilities: Asphalt, City Sewer
- AG Exemption: No
- Loan Type: Treat As Clear
- Restrictions: No Livestock
- Property Match: APN
- Development: Zoned, Other
- Easements: Other
- Lot Features: Acreage
- Lot Size: 10 to < 50 Acres
- Lot Size Acres: 16.134
- Lot Size Area: 16.134
- Lot Size Units: Acres
- Lot Size Square Feet: 702797.04
- Multi Parcel ID: No
- Parcel Number: R616600611001
- Current Use: Multi-Family
Property History for Fm75 East McKinney
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 2, 2026 | Listed (Active) NTREIS #21168636 | $9,750,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/02/2026 | Listed (Active) NTREIS #21168636 | $9,750,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near Fm75 East McKinney
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 1 to 12 |
Rating | School | Distance |
|---|---|---|
Lacy Elementary School PublicPK to 5 | ||
Southard Middle Public6 to 8 | ||
Princeton High School Public9 to 12 | ||
Princeton/Farmersville Daep Public1 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Onyx Legacy Realty LLC, Mark Allen
The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 02/02/2026 04:17 PM
