Last listed at $725,000, CLOSED ON Jul 2025

$412,701

Land

•

1.24

acres (lot)

123 Simpson Rd, Princeton, TX 75407

About this home

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.

Vacant landProperty Type

1960Year Built

1.24 acresLot Size

$332,823Price/Acres

Listed by Kimberly Barrow • Keller Williams NO. Collin Cty

Contact: 972-562-8883

Bought with Shinwar Tovi • Compass RE Texas, LLC.

Redfin checked: a minute ago

•Source:NTREIS #20774120

Redfin Estimate

$412,701

$312K under list price of $725K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 54.5% higher than the average sale price ($267K) of 6 comparable homes.

SOLD JUN 10, 2026
$260,000
A
3 beds2 baths1,614 sq ft
115 Cottonwood Dr, Princeton, TX 75407
SOLD JAN 7, 2026
$224,900
B
3 beds2 baths1,333 sq ft
137 Prairie View Dr, Princeton, TX 75407
SOLD JUL 28, 2026
$349,000
C
3 beds2 baths1,801 sq ft
122 Arbordale Way, Princeton, TX 75407
SOLD FEB 13, 2026
$240,456
D
3 beds2 baths1,324 sq ft
1209 Angelina Dr, Princeton, TX 75407
SOLD NOV 19, 2025
$263,000
E
3 beds2 baths1,619 sq ft
210 Magnolia Dr, Princeton, TX 75407
SOLD NOV 7, 2025
$265,000
F
3 beds2 baths1,324 sq ft
1208 Toledo Bend Dr, Princeton, TX 75407

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Earn from this home

Sell

$386,927

Est. take-home

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Market trends in 75407, TX

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.2%

0.0% MoM

Median sale price

$289K

$4K MoM

Avg. days on market

57d

7 days MoM

Recently sold homes

426

20 MoM

New listings for sale

NEW 11 HRS AGO
$271,000
5 beds2.5 baths2,655 sq ft
1207 Toledo Bend Dr, Princeton, TX 75407
NEW 17 HRS AGO
$349,999
4 beds3 baths2,419 sq ft
802 Lake Fletcher Rd, Princeton, TX 75407
NEW 21 HRS AGO
$424,900
3 beds3 baths1,888 sq ft
8741 County Road 863, Princeton, TX 75407
NEW 33 HRS AGO
$419,900
5 beds3 baths3,045 sq ft
447 Crystal Clear Ln, Princeton, TX 75407
FOR SALE BY OWNER
$225,000
3 beds2 baths1,684 sq ft
10309 County Road 1114, Princeton, TX 75407
FOR SALE BY OWNER
$385,000
4 beds2 baths1,793 sq ft
501 Gallop Dr, Princeton, TX 75407
$309,900
4 beds2.5 baths2,621 sq ft
125 Prairie View Dr, Princeton, TX 75407
$365,900
4 beds2.5 baths2,306 sq ft
1107 Bullock Dr, Princeton, TX 75407
$349,900
4 beds2 baths2,040 sq ft
123 Prairie Creek Cir #2, Princeton, TX 75407
$279,900
4 beds2 baths1,806 sq ft
2021 Meadow Park Dr, Princeton, TX 75407
See all

Provided by Redfin

Sale history for 123 Simpson Rd

Tax history for 123 Simpson Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.24 Acres

Year renovated

1980

Sq. Ft.

1,362

Year built

1960

Style

Single Family Residential

County

Collin County

APN

R-2131-000-0070-1

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 26, 2026.

Property details

Interior

Virtual Tour

Exterior

Waterfront Information
Frontage Feet: 196

Farm Information
AG Exemption YN: No
Barns Count: 0

Lot Information
Easements: Natural Gas, Other
Lot Features: Acreage, Interior Lot, Level
Lot Size: 1 to < 3 Acres
Lot Size Acres: 1.2370
Lot Size Area: 1.2370
Lot Size Square Feet: 53883.7200
Lot Size Units: Acres
Parcel Number: R213100000701
RATIO List Price By Lot Size Acr: 586095.39208
Road Surface Type: Asphalt
Will Subdivide: No
Zoning Description: Unzoned - in ETJ

Property Information
Property Type: Land
Current Use: See Remarks, Other
Development Status: Unzoned
Multi Parcel IDYN: No
Property Key: 48085|R213100000701|1|36294495
Property Match: APN
Restrictions: Deed, No Known Restriction(s)
US Property MUI: 411682486

Building Information
Year Built: 1960

Financial

Tax Information
Tax Legal Description: A E MCGRAW SUBDIVISION (GCN), LOT 7A
Tax Lot: 7A
Unexempt Taxes: 1467

Financial Information
Buyer Financing: Conventional
Loan Type: Treat As Clear
Second Mortgage YN: No

Utilities

Utility Information
Municipal Utility District YN: No
Utilities: All Weather Road, Asphalt, Co-op Electric, Electricity Connected

Location

HOA Information
Association Type: None

School Information
Elementary School: Lowe
Elementary School Name: Lowe
High School Name: Princeton
Middle School Name: Clark
School District: Princeton ISD

Location Information
County Or Parish: Collin
Country: United States
Directions: see GPS
Latitude: 33.18131300
Longitude: -96.53127000
Geocode Confidence: High
Subdivision Name: A E Mcgraw Sub

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,362
Stories: 1.0
Lot Size: 1.24 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1980
County: Collin County
APN: R-2131-000-0070-1

Home facts updated by county records on Jun 26, 2026

Other

Documents & Disclosures
Doc Box Num Mls Documents: 0
Doc Box Num Private Documents: 0
Doc Box Num Public Documents: 0

Listing Information
Attribution Contact: 972-562-8883
DOCBOX GUID: 782F0759-3A1E-4BEC-B3BF-EFFEDD8A29E1
Doc Box Modification Timestamp: 2025-01-16T14:53:01.107
Exclusions: Storage Building on Property
List Source Original: Matrix
Listing Agreement: Exclusive Right To Sell
Listing Id: 20774120
Listing Key Numeric: 446503005
Mls Status: Closed
Previous Status: Active Option Contract
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 3
Possession: Closing/Funding, Negotiable
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No

Listing Date Information
Days On Market: 237
Cumulative Days On Market: 237
Close Date: 2025-07-03
Purchase Contract Date: 2025-05-19
Expiration Date Option: 2025-06-02
Listing Contract Date: 2024-11-08
Off Market Date: 2025-07-03
Status Change Timestamp: 2025-07-21T12:45:27.253

Listing Price Information
Original List Price: 725000.00
List Price: 725000.00
RATIO Close Price By Lot Size Ac: 541632.98302
RATIO Current Price By Lot Size: 541632.98302

Around this home

Schools

Lowe Elementary School

Public PreK-5 • Assigned • 1.2mi

7/10

Clark Middle

Public 6-8 • Assigned • 2.3mi

8/10

Princeton High School

Public 9-12 • Assigned • 2.7mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

4% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 111° expected this year, 23 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Princeton, TX • 75407

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 5.4 hours in December, placing it above the U.S. average for solar exposure.

9.9 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$393,000 – $475,000

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Nearby similar homes

$45,000

Land— sq ft

TBD Cr-770, Princeton, TX 75407

NEW CONSTRUCTION3D WALKTHROUGH

$327,000

3 beds2 baths1,401 sq ft

2210 Burnwood St, Melissa, TX 75454

Listing provided by Zillow

NEW CONSTRUCTION

$769,000

4 beds3.5 baths2,803 sq ft

907 Fitzhugh St, McKinney, TX 75069

$240,000

Land— sq ft

306 S Murray St, McKinney, TX 75069

NEW CONSTRUCTION

$289,960

4 beds2.5 baths1,661 sq ft

2521 Limerick Dr, Princeton, TX 75407

$999,000

Land— sq ft

TBD County Road 317, Fairview, TX 75069

New listings for sale in 75407

NEW 11 HRS AGO

$271,000

5 beds2.5 baths2,655 sq ft

1207 Toledo Bend Dr, Princeton, TX 75407

NEW 17 HRS AGO

$349,999

4 beds3 baths2,419 sq ft

802 Lake Fletcher Rd, Princeton, TX 75407

NEW 21 HRS AGO

$424,900

3 beds3 baths1,888 sq ft

8741 County Road 863, Princeton, TX 75407

NEW 33 HRS AGO

$419,900

5 beds3 baths3,045 sq ft

447 Crystal Clear Ln, Princeton, TX 75407

FOR SALE BY OWNER

$225,000

3 beds2 baths1,684 sq ft

10309 County Road 1114, Princeton, TX 75407

FOR SALE BY OWNER

$385,000

4 beds2 baths1,793 sq ft

501 Gallop Dr, Princeton, TX 75407

$309,900

4 beds2.5 baths2,621 sq ft

125 Prairie View Dr, Princeton, TX 75407

$365,900

4 beds2.5 baths2,306 sq ft

1107 Bullock Dr, Princeton, TX 75407

$349,900

4 beds2 baths2,040 sq ft

123 Prairie Creek Cir #2, Princeton, TX 75407

Home values near 123 Simpson Rd

Data from public records.

Address	Redfin Estimate
600 Cottrell Ln, Princeton, TX 3 Beds \| 2 Baths \| 1456 Sq. Ft.	$235,860
405 County Road 401, Princeton, TX 2 Beds \| 1 Baths \| 840 Sq. Ft.	$128,011

Address	Redfin Estimate
405 Cottrell Ln, Princeton, TX 3 Beds \| 2 Baths \| 1480 Sq. Ft.	$268,572
500 County Road 401, Princeton, TX 3 Beds \| 2 Baths \| 1829 Sq. Ft.	$412,285

Address	Redfin Estimate
415 County Road 401, Princeton, TX 3 Beds \| 1 Baths \| 1400 Sq. Ft.	$233,472
5308 East Highway 380, Princeton, TX - Beds \| - Baths \| - Sq. Ft.	—

Property information provided by NTREIS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 75407, TX

Sale history for 123 Simpson Rd

Tax history for 123 Simpson Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 75407

Home values near 123 Simpson Rd

More real estate resources