About this home

2.566 Unrestricted Acres on the Growing US-380 Corridor - Room to Work, Owner Financing Available This 2.566-acre property on paved County Road 490 gives you land with no HOA and no recorded deed restrictions - park what you need, build what you need, run a business from home without asking anyone's permission. Paved frontage means your trucks, trailers, and equipment come and go cleanly, with no gravel road to tear up. You won't be the first to put this kind of flexibility to work either - unrestricted, business-friendly land use is already established up and down this stretch of Collin County. You're also buying ahead of the growth curve. US-380 is currently being widened from four to six lanes, and the planned Princeton Bypass - with an on-ramp about two miles from the property - is set to bring a new freeway through the area in the years ahead. This side of Princeton, one of the fastest-growing cities in the country, is still largely undeveloped outside of Princeton Lakes and the new City Hall on 380, and city planning has pointed to this corridor as the direction future high-end growth is heading. Whether you're here to run a business, plant a family homestead with room to grow, or simply hold land ahead of what's coming, you're getting in early on a corridor that won't stay this open for long. The home has been freshly updated: new septic system, new air conditioner, new flooring, and fresh paint throughout. Fiber internet was installed this year, so dispatch, invoicing, and video calls run just as well as anything you'd have in an office. A storage building on the property gives you extra room for tools, equipment, or inventory. You're less than a mile from Lake Lavon. Owner financing is available, with negotiable terms. If you're self-employed or your income doesn't fit neatly into a conventional bank's underwriting box, this gets you to closing faster - no rigid debt-to-income formulas, no waiting on bank approval timelines. Inquire for details.

Facts and features

Schools

• Princeton High School

  high · 9-12 · 1.7 mi

  5

• Clark Middle

  middle · 6-8 · 2.0 mi

  8

• Godwin Elementary School

  elementary · K-5 · 2.4 mi

  3

• Lovelady High School

  high · 9-10 · 1.8 mi

  7

• Princeton Special Programs Center

  elementary · K-12 · 2.1 mi

• Harper Elementary School

  elementary · K-5 · 2.4 mi

  8

Price history

• Sep 15, 2026 · Price Changed$514,000
• Aug 31, 2026 · Price Changed$519,000
• Aug 4, 2026 · Price Changed$525,000
• Jul 14, 2026 · Price Changed$549,500
• Jun 22, 2026 · Price Changed$575,000
• May 21, 2026 · Listed$599,000
• Oct 6, 2025 · Listing Removed—
• Apr 4, 2025 · Listed$625,000

Tax history

• 2026$7,646 tax · $533,354 assessed
• 2025$7,982 tax · $537,250 assessed
• 2023$7,266 tax · $488,348 assessed
• 2022$6,638 tax · $395,969 assessed
• 2021$5,863 tax · $343,000 assessed
• 2020$5,189 tax · $301,113 assessed
• 2019$5,551 tax · $304,245 assessed
• 2018$5,692 tax · $302,446 assessed

Home value

$508,173

• Quantarium$508,173
• Collateral Analytics$509,000
• Cotality$493,300

Where it is