| CREOP

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. Property Highlights: Lot Size: 16.1 acres Entitlements: Fully entitled for 400 multifamily units Engineering: Fully engineered with complete plans Zoning: Multifamily

Situated in the heart of Princeton, Texas, this 16.1-acre multifamily development site offers an unparalleled position in one of the fastest-growing cities in the nation. Surrounded by thousands of newly built single-family homes, the property is at the center of a rapidly expanding residential community, with strong demand for quality rental housing. The site is easily accessible off Monte Carlo Blvd and U.S. Highway 75 (Longneck Road), providing convenient connections to major roads, local amenities, and the greater Dallas-Fort Worth metroplex. It is just moments from a thriving retail corridor, offering a wide variety of shopping, dining, and grocery options for residents. McKinney Regional Airport to receive $70 Million Upgrade. About a 15 minute drive to the site.
In addition to its prime location, the property is nestled in the middle of Princeton’s rapid growth—a city that has seen explosive population increases and a surge in new developments, making it a highly attractive area for both residents and investors alike.