811 Countryview Trail, Princeton, Texas 75407

$6,900,000
List Price
$6,900,000
MLS#
20704223
Status
ACTIVE
Type
Commercial
Year Built
2011
Construction Status
Preowned
Acres
38.40
County
Collin
City
Princeton
Subdivision
Countryview

Property Description

This is a unique opportunity to own 38.397 acres backing to Lake Lavon & Corps of Engineers land situated in Princeton, a gem for developers or someone looking for a turnkey RV park buisness plus land. Own a fully operational and leased, meticulously maintained RV park & storage business, plus an additional 30+- acres ready for commercial or residential development with stunning lake views. You'll find tranquil lakeside living that backs to Lake Lavon and Army Corps of Engineer land. Located in County, NOT within the city or ETJ - no city taxes. Outside of the city limits, commercial zoning, & pasture land. Per the seller, Property is ready with aerobic septic systems, power & a new 8' water line was just added at the street near the property. Approx 1133 feet of LAKE Lavon frontage to the Corps of Engineers land along the lake which should remain undeveloped & which includes walking access to the waters & shoreline of Lake Lavon. Many new homes are being built in the immediate area.

Additional Information

Unexempt Taxes
$11,954
Average Monthly Lease
550
Gross Annual Expenses
1
Gross Annual Income
1
Tenant Pays
Electricity
Lot Size
1,672,573
Acres
38.40
Lot Description
Acreage, Adjacent to Greenbelt, Agricultural, Many Trees, Pasture, Tank/ Pond, Water/Lake View
Subdivided
Yes
Flooring
Concrete, Tile
Foundation
Slab
Roof
Composition, Metal
Building Stories
1
Ceiling Height Type
8 to10 Feet, 11 to 14 Feet, Other
Street Utilities
Aerobic Septic, Electricity Connected, Propane, Rural Water District, Septic
Heating Cooling
Central
Construction Material
Brick, Metal Siding, Rock/Stone, Wood
Parking Garage
Additional Parking, Boat, Carport, Covered, Driveway, On Site, RV Access/Parking
Road Frontage Desc
County Road
Possession
Negotiable
Building Sq. Ft.
1960
Number of units
59
Leasable Sq Ft
326700
Building Use
Office/Warehouse, Storage Warehouse
Zoning
outside city
Multi Zoning
Yes
Possession
Negotiable

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Trey LaQuey III from RE/MAX Dallas Suburbs. Contact: 469-734-3815