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122 McGee St, Princeton, TX, 75407

3beds
1baths
1,296sqft
$142,900
$110price/sqft
$1,275/moest. monthly cost
$51,000/yrincome needed

About This Home

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.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

5/10
Lacy Elementary SchoolGrades PK-50.6 mi
7/10
Southard MiddleGrades 6-81.1 mi
4/10
Princeton High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Slab
  • Roof: Composition,Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Refrigerator,Vented Exhaust Fan
  • Laundry features: Washer Hookup,Dryer Hookup,Laundry in Utility Room

Bedroom

  • Level: First
  • Dimensions: 11 x 9

Bedroom

  • Level: First
  • Dimensions: 9 x 10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 10 x 9

Family Room

  • Features: Fireplace
  • Level: First
  • Dimensions: 12 x 15

Features

  • Eat-in Kitchen,High Speed Internet,Pantry
  • Flooring: Tile,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 1,296 sqft

Kitchen

  • Features: Pantry
  • Level: First
  • Dimensions: 9 x 10

Laundry

  • Level: First
  • Dimensions: 6 x 3

Living Room

  • Level: First
  • Dimensions: 24 x 10

Master Bedroom

  • Level: First
  • Dimensions: 11 x 10

Other

  • Level: First
  • Dimensions: 7 x 9

Property

Details

  • Parcel number: R095700000011
  • Attached to another structure: Yes
  • Exclusions: N/A

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Front Porch,Patio,Covered
  • Exterior features: Storage
  • Fencing: Back Yard,Wood
  • Residential vegetation: Grassed,Partially Wooded

Lot

  • Lot size: 9,147 sqft
  • Features: Interior Lot

Parking

  • Total spaces: 2
  • Parking features: Carport,Driveway
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 2