Excellent opportunity to secure a value-add property in one of Princeton’s fastest growing corridors near Hwy 380. Positioned in an area transitioning toward commercial growth with Highway Commercial zoning, this property offers strong potential for investors, landlords, business owners, or future redevelopment. The home features 3 bedrooms, 1 bathroom, 2 living areas, covered parking, and a functional layout with flexibility for a variety of future uses. Previously tenant oc…
| Room | Level | Size |
|---|---|---|
| Full Bath | Main | 7 x 9 |
| Bedroom | Main | 9 x 10 |
| Bedroom | Main | 11 x 9 |
| Primary Bedroom | Main | 11 x 10 |
| Laundry | Main | 6 x 3 |
| Kitchen | Main | 9 x 10 |
| Dining Room | Main | 10 x 9 |
| Family Room | Main | 12 x 15 |
| Living Room | Main | 24 x 10 |
| Type | Single Family Residence |
| County | Collin |
| Lot | 0.210 ac (9,147.6 sqft) |
| Annual Tax | $3,341 |
| Days on Market | 12 |
| District | Princeton ISD |
| Elementary | Lacy |
| Middle | Clark |
| High School | Lovelady |
| P&I (6.875%) | $751 |
| Est. Tax | $278 |
| Est. Total | $1,029/mo |
Excellent opportunity to secure a value-add property in one of Princeton’s fastest growing corridors near Hwy 380. Positioned in an area transitioning toward commercial growth with Highway Commercial zoning, this property offers strong potential for investors, landlords, business owners, or future redevelopment. The home features 3 bedrooms, 1 bathroom, 2 living areas, covered parking, and a functional layout with flexibility for a variety of future uses. Previously tenant occupied for several years with strong long-term investment potential and opportunity for future value growth. Surrounded by ongoing development, retail growth, and commercial expansion, this property is ideally located for both short and long-term investment strategies. Conveniently located near schools, shopping, dining, and major thoroughfares with easy access to Hwy 380. Property to be sold as-is, seller to make no repairs. Buyer and buyer’s agent to independently verify all information, zoning, measurements, and future development possibilities with the City of Princeton.
Property Type
Residential
Sub Type
Single Family Residence
Status
Pending
Bedrooms
3
Full Baths
1
Living Area
1,296 sqft
Lot Size
9,147.6 sqft
$110/sqft
Lot (acres)
0.210
Stories
1
Year Built
1983
Community
T F Brown Add| Room | Level | Size |
|---|---|---|
| Full Bath | Main | 7 x 9 |
| Bedroom | Main | 9 x 10 |
| Bedroom | Main | 11 x 9 |
| Primary Bedroom | Main | 11 x 10 |
| Laundry | Main | 6 x 3 |
| KitchenPantry | Main | 9 x 10 |
| Dining Room | Main | 10 x 9 |
| Family RoomFireplace | Main | 12 x 15 |
| Living Room | Main | 24 x 10 |
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Annual Tax
$3,341
Total Principal
$114,320
Total Interest
$156,040
Total Loan Payment
$270,360
Payoff Date
June 2056
Est. Payment
$1,089
/month
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
View Online
https://realtorkonda.com/property/princeton-tx/t-f-brown-add/122-mcgee-street-75407
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Ashlyn Dover · Citiwide Alliance Realty · 214-326-0399
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated May 20, 2026.
Listing Agent
Ashlyn Dover
Citiwide Alliance Realty