KB
Seller's Agent in 2024
Kimberly Barrow
Keller Williams NO. Collin Cty
(972) 658-3401
27 Total Sales
123 Simpson Rd Princeton, TX 75407
Princeton AreaEstimated Value: $251,000 - $652,198
1.24
Acres
$429,305
Price per Acre
53,884
Sq Ft Lot
About This Lot
Prime Commercial Opportunity in the ETJ of Lowry Crossing!
Strategically situated off the bustling Hwy 380 corridor between McKinney, Lowry Crossing, and Princeton, this property is perfectly positioned in the heart of one of North Texas’s fastest-growing areas. This highly accessible location provides incredible visibility and easy access, making it ideal for commercial retail, office spaces, or other business developments. With water and power already available, it’s ready for immediate development.
Surrounded by thriving communities and adjacent to established commercial properties, this site benefits from the rapid growth and expansion of nearby McKinney, Lowry Crossing, and Princeton. With no known restrictions, the value of this property lies in the land, offering vast potential for various ventures.
Please note: Value is in the land only. Do not disturb the occupant of the small frame home on the property.
Multiple offers on the property and request that all interested parties submit their highest and best offers by 10:00 AM tomorrow, Wednesday, May 14, for the sellers’ consideration.
Last Agent to Sell the Property
Keller Williams NO. Collin Cty Brokerage Phone: 972-562-8883 License #0463728 Listed on: 11/08/2024
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Property Details
Property Type
- Land
Est. Annual Taxes
- $1,467
Year Built
- Built in 1960
Lot Details
- 1.24 Acre Lot
- Interior Lot
- Level Lot
- Zoning described as Unzoned - in ETJ
Schools
- Lowe Elementary School
- Clark Middle School
- Princeton High School
Community Details
- A E Mcgraw Sub Subdivision
Listing and Financial Details
- Tax Lot 7A
- Assessor Parcel Number R213100000701
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 3, 2025
Sold by
Payne Ronny Dale and Payne Mary
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Outstanding Balance
$523,039
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$8,011
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $536,000 | ||
| Previous Owner | Payne Ronny Dale | $61,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Sold | -- | -- | -- |
| 11/08/2024 11/08/24 | For Sale | $725,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $78 | $119,327 | $142,255 | $36,805 |
| 2024 | $78 | $108,479 | $123,700 | $57,331 |
| 2023 | $78 | $98,617 | $123,700 | $66,140 |
| 2022 | $1,503 | $89,652 | $80,405 | $56,704 |
| 2021 | $1,393 | $81,502 | $30,925 | $50,577 |
| 2020 | $1,387 | $81,814 | $30,925 | $50,889 |
| 2019 | $1,301 | $69,114 | $30,925 | $51,219 |
| 2018 | $1,189 | $62,831 | $30,925 | $52,673 |
| 2017 | $1,081 | $65,088 | $24,740 | $40,348 |
| 2016 | $992 | $59,739 | $24,740 | $34,999 |
| 2015 | $576 | $57,937 | $24,740 | $33,197 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Barrow
-
Shinwar Tovi
ST
Buyer's Agent in 2024
Shinwar Tovi
INC Realty, LLC
(469) 237-9071
32 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20774120
APN: R-2131-000-0070-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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