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1300 N Beauchamp Blvd
Princeton, TX 75407

$9,250,000 USD

Land For Sale  •  23.34 AC

Property Details

• Property Type Land
• Lot Size 23.34 AC
• Zoning PD-29

0 Transit Score

3 Walk Score

Highlights

The 23.34+/- acre Site is well located along North Beauchamp Boulevard just a mile north of US 380, 7 miles east of US 75, and 8 miles east of SH 121

The Site is zoned through PD-29 allowing for 378 multifamily units.

The Site is located within Princeton ISD directly south of Southard Middle School, and less than a mile east of Smith Elementary School.

Existing Class A multifamily deals in Princeton are achieving market rents up to $1.65 psf.

Per the Seller, the Site is shovel ready with impact fees of approximately $1.57MM remaining to be paid along with permit fees.

Just south of the Site is JM Caldwell Sr. Community Park, a facility which includes a dog park, baseball fields, and walking trails.

Property Flyers

Princeton Multifamily Site Flyer 09.13.2024