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122 Mcgee St

Princeton, TX 75407
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Just listedJust listed
3 Bedroom(s)
1 Full Bath(s)
1,296 Sqft
0.21 Lot Acres
Residential - Single Family

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Description

Excellent opportunity to secure a value-add property in one of Princeton’s fastest growing corridors near Hwy 380. Positioned in an area transitioning toward commercial growth with Highway Commercial zoning, this property offers strong potential for investors, landlords, business owners, or future redevelopment. The home features 3 bedrooms, 1 bathroom, 2 living areas, covered parking, and a functional layout with flexibility for a variety of future uses. Previously tenant occupied for several years with strong long-term investment potential and opportunity for future value growth. Surrounded by ongoing development, retail growth, and commercial expansion, this property is ideally located for both short and long-term investment strategies. Conveniently located near schools, shopping, dining, and major thoroughfares with easy access to Hwy 380. Property to be sold as-is, seller to make no repairs. Buyer and buyer’s agent to independently verify all information, zoning, measurements, and future development possibilities with the City of Princeton.

MLS#
NTREIS-21262154
List Price
$142,900 ($110/Sqft.)
Listing Status
For Sale
Address
122 Mcgee St
City
Princeton
State
TX
Zip Code
75407
County
Collin County
Subdivision
T F Brown Add
Legal Description
T F BROWN ADDITION (CPN), LOT OL 1 & OL 4
Property Type
Residential - Single Family
Bedroom
3 Bedroom(s)
Bath
1 Full Bath(s)
Stories
1
Building Size
1,296 Sqft/Appraisal District
Year Built
1983 /Appraisal District
Lot Size
0.21 Lot Acres/PUBREC

Rooms

Living
24 x 10, 1st
Dining
10 x 9, 1st
Kitchen
9 x 10, 1st
Primary Bedroom
11 x 10, 1st
Bedroom
9 x 10, 1st
Bedroom
11 x 9, 1st
Bath
7 x 9, 1st

Interior

Number Of Living Area
2
Fireplace
1/Family Room,Wood Burning
Floors
Tile, Vinyl
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Electric Range, Refrigerator, Vented Exhaust Fan
Security System
Smoke Detector(s)
Interior
Eat-in Kitchen, High Speed Internet Available, Pantry

Exterior

Roof
Composition,Shingle
Foundation
Slab
Private Pool
No
Exterior Type
Siding
Lot Description
Interior Lot
Parking
Carport, Driveway
Parking Space
Garage 0 / Carport 2 / Total Covered 2
Fencing
Back Yard,Wood
Porch
Covered,Front Porch,Patio
Easements
Other
Utility
City Sewer,City Water
Exterior
Covered Patio/Porch, Storage

Extra details you may need to know

Dwelling Type
Single Detached

Lot Information

Lot Size
0.21 Lot Acres /PUBREC
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated May 08, 2026 at 10:08 AM
Listing last updated May 08, 2026 at 07:17 AM
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Know the property tax history and market value

Cost/Sqft based on tax value

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Estimate your mortgage payments

Create and estimate your monthly mortgage payment and property taxes based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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