625 Simpson Rd Princeton, TX 75407
Estimated payment $4,341/month
About This Lot
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.
Listing Agent
Texas Elite Realty Brokerage Phone: 214-592-9600 License #0635666 Listed on: 11/20/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,556
Year Built
- Built in 2019
Lot Details
- 1.86 Acre Lot
- Interior Lot
- Level Lot
- Few Trees
- Zoning described as ETJ
Schools
- Lowe Elementary School
Utilities
- Underground Utilities
- Aerobic Septic System
Community Details
- A E Mcgraw Sub Subdivision
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number R213100001401
Map
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 | $3,923 | $316,870 | $213,900 | $221,529 |
| 2024 | $3,923 | $264,058 | $186,000 | $216,102 |
| 2023 | $3,923 | $220,048 | $186,000 | $34,048 |
| 2022 | $2,648 | $157,927 | $120,900 | $37,027 |
| 2021 | $1,472 | $86,081 | $46,500 | $39,581 |
| 2020 | $1,625 | $89,060 | $46,500 | $42,560 |
| 2019 | $875 | $46,500 | $46,500 | $0 |
| 2018 | $880 | $46,500 | $46,500 | $0 |
| 2017 | $704 | $37,200 | $37,200 | $0 |
| 2016 | $710 | $37,200 | $37,200 | $0 |
| 2015 | $721 | $37,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $750,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Rtt |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $27,850 | Purchase Money Mortgage |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21117650
APN: R-2131-000-0140-1
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