$371,995
6852 Farm To Market Road 546, Princeton, TX 75407
Scott Wheeler Texas Legacy Property Group
$371,995
6852 Farm To Market Road 546, Princeton, TX 75407
Scott Wheeler Texas Legacy Property Group
$3,200,000
815 E College St, Princeton, TX 75407
Jordan Cortez Vanguard Real Estsate Advisors
Princeton, Texas, located 40 miles northeast of Dallas, is experiencing rapid growth, with its population increasing from 17,000 in 2020 to 28,000 residents today. This expansion is driven by its proximity to Dallas, affordable housing, and highly rated Princeton Independent School District. Many homes in Princeton have been built in the last 20 years, ranging from older ranch-style properties to New Traditional homes in master planned communities such as Whitewing Trails and Forest Park. The median home price in Princeton is $345,000, which is lower than the Dallas-Fort Worth-Arlington area median. The city has implemented a 120-day moratorium on new residential development to assess the impact on infrastructure and public services. Princeton features several parks, including J.M. Caldwell Sr. Community Park with a disc golf course, basketball court, and dog park, and Princeton Municipal Park with a fishing pond and walking trails. Nearby Lake Lavon offers fishing, beaches, campgrounds, boat docks, and hiking trails. Shopping and dining options are available in Historic Downtown McKinney, just 9 miles away, and along U.S. Highway 380 in Princeton. The city is safer than the national average, with lower violent and property crime rates. Princeton faces significant wind factors, wildfire risks, and extreme summer heat but enjoys mild winter temperatures. Major employers include the Princeton Independent School District and the City of Princeton. The nearest hospital, Medical City McKinney, is 11 miles away, and the Dallas Fort Worth International Airport is 40 miles from Princeton.
On average, homes in Princeton, TX sell after 67 days on the market compared to the national average of 52 days. The median sale price for homes in Princeton, TX over the last 12 months is $339,990, consistent with the median home sale price over the previous 12 months.
In Princeton, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $371,995 to $3,200,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Princeton is $354,945, while the average sale price is $346,163, offering insights into the local housing market. On average, multi-family homes spend 67 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Princeton, TX.