See Home Value
Collin 75407
625 Simpson Road
$668,000
● Land - Off Market

625 Simpson Road

Princeton, TX 75407
bedrooms
Studio
bathrooms
0 Bath
$3,433
Est. Monthly

About This Property

Discover the perfect blend of space, versatility, and prime location with this rare 1.86-acre property located outside city limits in the ETJ-meaning no city taxes. This unique opportunity features a 3,200 sq. ft. steel-constructed shop built for durability and performance, offering 20-foot-tall walls and a 24-foot peak, heavy insulated construction, and oversized access points ideal for a wide range of uses. The 40' x 80' shop is equipped with three garage doors-two measuring 12' x 12' and a third measuring 14' x 12'-providing excellent clearance for large vehicles, equipment, or commercial operations. The building also includes electricity, water, and an on-site sewer facility, ensuring immediate functionality for business, storage, workshop needs, or hobby pursuits. Located just moments from University Blvd, the property offers outstanding accessibility while still delivering the space, privacy, and flexibility that larger acreage provides. Opportunities like this are rare in fast-growing Princeton-don't miss your chance to secure a highly functional, tax-advantaged property in a prime location. Information provided is deemed reliable, but is not guaranteed and should be independently verified by the buyer.
Unit Size
-
Days on Market
-
Land Size
1.86 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2019

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (NTREIS #21117650)

Price History

Date / Event Date Event Price
Aug 7, 2026 Sold
Sold
Apr 7, 2026 In contract -
In contract
Apr 2, 2026 Relisted $699,000
Relisted
Mar 31, 2026 In contract -
In contract
Feb 28, 2026 Price Decreased $699,000
↓ $51K (6.8%)
Price Decreased
Show More

Property Highlights


Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 81,022
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: A E MCGRAW SUBDIVISION (GCN)
  • Land Acres: 0000001860
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: A E MCGRAW SUBDIVISION (GCN), LOT 14

Neighborhood

  • School District Name: Princeton Independent School District
  • School Tax School District: PRINCETON ISD
  • Census Tract: 031007

Geography

  • Assessors Map Reference: 542-U
  • Parcel: R-2131-000-0140-1
  • Lot: 14
  • Municipality: COLLIN
  • Latitude: 33.1791
  • Longitude: -96.5324

    Address

  • Full Address: 625 Simpson Rd
  • Address - House Number: 625
  • Address - Street Name: Simpson
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Princeton
  • Carrier Code: R012
  • 4-Digit Zip Code: 0165
  • Zip Code: 75407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $327,445
  • Tax Rate Code Area: SPN

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 296,057
  • High Value: 352,079
  • Low Value: 240,035

    Market Valuation

  • Market Total Value: $220,048
  • Market Land Value: $186,000
  • Market Improvement Value: $34,048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,048
  • Assessed Land Value: $186,000
  • Assessed Improvements Value: $34,048

    Sales

  • Current Sale Contract Date: Jun 13, 2008
  • Current Sale Recording Date: Jun 17, 2008
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20080617000733900
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Collin


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1400 Chrome Street, Princeton, TX, 75407

$1,950 /mo

  • 4 Beds
  • 2 Baths
  • 1,891 ft²
1400 Chrome Street, Princeton, TX, 75407 Listing by Carlos Caballero
Unit for rent at 2109 Barrow Street, Princeton, TX, 75407

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,658 ft²
2109 Barrow Street, Princeton, TX, 75407 Listing by Jeanine Batcher
Unit for rent at 505 Blanton Street, McKinney, TX, 75069

$2,150 /mo

  • 4 Beds
  • 2 Baths
  • 2,046 ft²
505 Blanton Street, McKinney, TX, 75069 Listing by Carrie Deraps


Frequently Asked Questions

When was property at 625 Simpson Road built and last sold?
The property at 625 Simpson Road was built in 2019 and last sold on Jun 13, 2008 for $34,800.
How much is this home worth?
The estimated value of the home located at 625 Simpson Road is $705,990.
What are some comparable homes to 625 Simpson Road?
There are currently no comparable homes to 625 Simpson Road.