Vanguard Real Estate Advisors (“VREA”) has been exclusively retained to offer the opportunity to purchase a 13.775+- acre zoned build-to-rent development Site along Cole Street and East Hazelwood Street (County Road 456) in Princeton, TX (“the Site”). Currently in-place is a preliminary plat for 142 cottage style units. However, the Site can potentially accommodate up to 156 units per the base zoning. The Site is already zoned MF-2 through PD-13 and the Seller has near completed construction plans for the project that will be conveyed at Closing. Additionally, the Seller has indicated that this property is exempt from the city-wide development moratorium. This well-located Site is a great opportunity to acquire a development parcel at an attractive price of only $7.25 per square foot.

Listing courtesy of Jordan Cortez of Vanguard Real Estsate Advisors jordan.cortez@vanguardrea.com



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Last checked: 2025-10-20 08:58 AM CDT