190 County Road 490 Princeton, TX 75407
Estimated payment $22,615/month
20
Acres
$212,500
Price per Acre
871,200
Sq Ft Lot
Highlights
- 20 Acre Lot
- Corner Lot
- Agricultural
About This Lot
Prime 20-acre hard corner just outside Princeton city limits at CR 456 and CR 490 offering exceptional potential for developers, investors, or users seeking a high-visibility tract in the path of growth. Property features approx. 1,210 feet of frontage on CR 456 and approx. 650 feet on CR 490. Improvements include an established wedding and event venue with a 2,709 SF main building, a 1,260 SF ancillary building with bride and groom dressing rooms, restrooms, caterer’s kitchen, and storage, plus additional storage building and approx. 15,100 SF of gravel parking. Paved walkways lead to an outdoor hillside ceremony area with pergola and benches overlooking the large scenic pond. Also included are a 1,477 SF main residence with 3 bedrooms and 2 baths and a 1,104 SF guest house with 1 bedroom, 1 bath, and 1-car garage. Property also offers a fishing dock, a pond-side gazebo, covered parking and gathering area, garden area, and additional storage. Land is currently under ag exemption. Within City of Princeton water and sewer CCN pending final approval. Ideal for multifamily, business park, mixed-use, continued event use, or future development.
Listing Agent
Bois d'Arc Realty, Inc. Brokerage Phone: 903-815-5029 License #0322520 Listed on: 03/23/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,108
Year Built
- Built in 1989
Lot Details
- 20 Acre Lot
- Property fronts a county road
- Corner Lot
- Few Trees
- Zoning described as Not Zoned
Schools
- Godwin Elementary School
- Clark Middle School
Additional Features
- Agricultural
- Aerobic Septic System
Community Details
- Willow Pond Add Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / A
- Assessor Parcel Number R1173000A00101
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $10,723 | $745,810 | $222,897 | $522,913 |
| 2024 | $10,875 | $731,937 | $206,975 | $524,962 |
| 2023 | $11,162 | $750,082 | $191,054 | $559,028 |
| 2022 | $9,619 | $573,708 | $43,860 | $529,848 |
| 2021 | $6,771 | $396,072 | $23,392 | $372,680 |
| 2020 | $5,207 | $285,388 | $23,392 | $261,996 |
| 2019 | $440 | $23,392 | $23,392 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | For Sale | $4,250,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
About the Listing Agent
Bruce Roberts - is a fifth generation Grayson County / Fannin County native and has been licensed in Texas as a real estate broker for 40 years. Bruce graduated from East Texas State University (East Texas A&M) with a degree in general business with a real estate emphasis. After working for two brokerages in the early to mid-eighties, Bruce ventured out on his on and then co-founded Bois d’Arc Realty in 1990. Since that time, Bruce has specialized in farm and ranch property, higher end homes
Bruce's Other Listings
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21215018
APN: R-11730-00A-0020-1
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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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