Discover the perfect blend of space, versatility, and prime location with this rare 1.86-acre property located outside city limits in the ETJ—meaning no city taxes. This unique opportunity features a 3,200 sq. ft. steel-constructed shop built for durability and performance, offering 20-foot-tall walls and a 24-foot peak, heavy insulated construction, and oversized access points ideal for a wide range of uses. The 40' x 80' shop is equipped with three garage doors—two measuring 12' x 12' and a third measuring 14' x 12'—providing excellent clearance for large vehicles, equipment, or commercial operations. The building also includes electricity, water, and an on-site sewer facility, ensuring immediate functionality for business, storage, workshop needs, or hobby pursuits. Located just moments from University Blvd, the property offers outstanding accessibility while still delivering the space, privacy, and flexibility that larger acreage provides. Opportunities like this are rare in fast-growing Princeton—don’t miss your chance to secure a highly functional, tax-advantaged property in a prime location. Information provided is deemed reliable, but is not guaranteed and should be independently verified by the buyer.
Lot/land
Price cut: $51K (2/28)
$699,000
625 Simpson Rd, Princeton, TX 75407
--beds
--baths
1.86Acres
Improved Land
Built in 2019
1.86 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Heavy insulated construction
- 117 days |
- 128 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: March 03, 2026 at 12:08pm
Listed by:
John Martellini 0635666 214-592-9600,
Texas Elite Realty 214-592-9600
Source: NTREIS,MLS#: 21117650
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 1.86 Acres
- Features: Interior Lot, Level, Few Trees
Details
- Parcel number: R213100001401
- Zoning description: ETJ
Utilities & green energy
- Sewer: Aerobic Septic, Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Septic Available, Underground Utilities, Water Available
Community & HOA
Community
- Subdivision: A E Mcgraw Sub
HOA
- Has HOA: No
Location
- Region: Princeton
Financial & listing details
- Tax assessed value: $435,429
- Annual tax amount: $4,556
- Date on market: 11/20/2025
- Cumulative days on market: 118 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,110/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2026 | Price change | $699,000-6.8% |
Source: NTREIS #21117650 Report a problem | ||
| 11/20/2025 | Listed for sale | $750,000 |
Source: NTREIS #21117650 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $316,870 +20% |
| 2024 | $3,923 +19.8% | $264,058 +20% |
| 2023 | $3,274 +23.7% | $220,048 +39.3% |
| 2022 | $2,648 +79.9% | $157,927 +83.5% |
| 2021 | $1,472 -4.1% | $86,081 -3.3% |
| 2020 | $1,535 +80.9% | $89,060 +91.5% |
| 2019 | $848 -3.1% | $46,500 |
| 2018 | $875 +23.2% | $46,500 +25% |
| 2017 | $710 | $37,200 |
| 2016 | $710 -1.4% | $37,200 |
| 2015 | $721 | $37,200 |
| 2014 | $721 | $37,200 |
| 2013 | -- | $37,200 |
| 2012 | -- | $37,200 |
| 2011 | -- | $37,200 |
| 2010 | -- | $37,200 |
| 2009 | -- | $37,200 -20% |
| 2008 | -- | $46,500 +85.2% |
| 2007 | -- | $25,110 |
| 2006 | -- | $25,110 |
| 2005 | -- | $25,110 |
| 2004 | -- | $25,110 |
| 2003 | -- | $25,110 |
| 2002 | -- | $25,110 +12.5% |
| 2001 | -- | $22,320 |
| 2000 | -- | $22,320 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 75407
Nearby schools
GreatSchools rating
- 7/10Lowe Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 7/10Clark MiddleGrades: 6-8Distance: 2.4 mi
- 6/10Princeton High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Lowe
- Middle: Clark
- District: Princeton ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 75407
- Texas
- Collin County
- Lowry Crossing
- 75407
- 625 Simpson Rd


