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METHODS CHANGE. PRINCIPLES ENDURE. SERVICE & INTEGRITY SINCE 1914.
P R E M I E R L A N D I N V E S T M N E T / D E V E L O P M E N T O P P O R T U N I T Y • 2 9 8 . 0 3 A C R E S • P R I N C E T O N , T X
PRINCETON MEADOWS
LAND ADVISORY GROUP
CHRIS BURROWVice President
p 972.419.4094
m 214.244.5047e [email protected]
DILLON COOKAssociate
p 972.386.1462
m 214.738.3857
408
Whitewing
Trails
75
Lon
gn
ec
k R
d
FOR SALEOFFERING SUMMARY
Princeton
Meadows
Monte Carlo Blvd
Disclaimer
THE FOLLOWING INFORMATION IS FROM SOURCES BELIEVED TO BE RELIABLE, BUT HENRY S. MILLER BROKERAGE,
LLC HAS NOT VERIFIED THE ACCURACY OF THE INFORMATION. HENRY S. MILLER BROKERAGE, LLC MAKES NO
GUARANTEE, WARRANTY OR REPRESENTATION AS TO THE INFORMATION, AND ASSUMES NO RESPONSIBILITY FOR
ANY ERROR, OMISSION OR INACCURACY. THE INFORMATION IS SUBJECT TO THE POSSIBILITY OF ERRORS,
OMISSIONS, CHANGES OF CONDITION, INCLUDING PRICE OR RENTAL, OR WITHDRAWAL WITHOUT NOTICE. ANY
PROJECTIONS, ASSUMPTIONS OR ESTIMATES ARE FOR ILLUSTRATIVE PURPOSES ONLY. RECIPIENTS SHOULD
CONDUCT THEIR OWN INVESTIGATION.
2
Overview
Princeton Meadows is located in Collin County which is the fastest growing
county in Texas. Princeton, TX has seen a population increase of 134% between
the years 2000 and 2014, and has a current population of 8,895. The population is
projected to reach 11,651 by 2018 and 14,600 by 2020. Princeton has a median
resident age of 35.8 years old and a median household income of $58,143 (2016).
Princeton Meadows is positioned contiguous to Whitewing Trails, a new 860 acre
master planned community, and is one the largest undeveloped tracts in the city.
Located 41 miles northeast of downtown Dallas and 46 miles from DFW
International airport, this land is ideally positioned for a new master planned
residential community.
Property Summary
Executive SummaryPROPERTY OVERVIEW
LOCATION
COUNTY
SUBMARKET
LAND AREA
ZONING
LAND USE
100-YEAR
FLOODPLAIN
FRONTAGE
SCHOOL DISTRICT
UTILITIES
FOR SALE
West of Longneck Rd & Bisected by CR 408
Collin
Princeton/McKinney/Fairview
± 298.03 Acres
A: Princeton ETJ
B: PD (Planned Development)
Master-Planned Residential Community
Approximately 5 Acres
±0.893 Miles on CR 408
Princeton ISD
Water and Sewer lines will be installed in the new
Whitewing Trails development that will also have the
ability to be extended into Princeton Meadows at the
southern edge of where the property borders
Whitewing Trails. The water and sewer lines within
Whitewing Trails are detailed on pages 20-21.
Please Contact Broker for Pricing Information and full
Offering Memorandum
A
B
: City Limits
75
408
3
P R I N C E TO N M E A D O W SP R EM IER LAND IN V ESTM ENT -
DE V ELO PM ENT O P P O RTUNIT Y
Executive SummaryAERIAL OVERVIEW
4
P R I N C E TO N M E A D O W SP R EM IER LAND IN V ESTM ENT -
DE V ELO PM ENT O P P O RTUNIT Y
# Points of Interest
1 Lacy Elementary School (PK-5: 498 Students)
2 Godwin Elementary School (K-5: 522 Students)
3 Harper Elementary (K-5: 509 Students)*
4 Smith Elementary (K-5: 537 Students)
5 Huddleston Intermediate (6th: 267 Students)
6 Clark Jr. High (7-8: 635 Students)
7 Princeton High School (9-12: 1,125 Students)
8 Walmart Superstore
9 North End Grocery
10 CVS
11 Princeton Family Med Clinic
* Located outside of map area
: City Limits
1
2
4
5 6
7
9
810
11
Lake
Lavon
Executive SummaryMARKET ATTRACTION
Residential Developments
Princeton:
1) Whitewing Trails: 860 Acres
2) Park Trails: 155 Acres
3) Monte Carlo: 146 Acres
4) Abbey Crossing: 194 Acres
5) Ragon Estates: 43 Acres
6) Villas of Monte Carlo: 103 Acres
7) Trails at Riverstone: 142 Acres
8) Cypress Bend: 116 Acres
9) Princeton Crossing: 218 Acres
10) Princeton Junction: 185 Acres
Trade Area Demographics (2016)
Type Princeton McKinney
Population 24,000 161,610
Households 7,200 31,765
Population Growth 19.2% 24.2%
AverageHousehold Income
$68,839 $103,640
Average Household Size
3.02 2.91
AverageAge
35.8 30.6
Bachelor’s Degree or Higher
7.2% 28.8%
Graduate or Professional Degree
4.7% 10.3% 5
P R I N C E TO N M E A D O W SP R EM IER LAND IN V ESTM ENT -
DE V ELO PM ENT O P P O RTUNIT Y
Princeton
2
3
4
5
1
6
7
8
10
9
U.S. Highway 75
(6 Miles)
Lake Lavon
(3 Miles)
Myrick Ln (CR 400)
Sh
ea
ma
r Ln
(C
R 4
47
)
CR 398
Market OverviewDRIVE TIME MAP
35 Miles
10 Miles
15 Miles
20 Miles
25 Miles
30 Miles
40 Miles
45 Miles
Drive Time Map
Miles Destination
8 McKinney
14 Allen
22 Plano
27 Richardson
32 Addison/The Colony
37 Lewisville/Farmers Branch
41 Downtown Dallas
46 DFW Airport6
P R I N C E TO N M E A D O W SP R EM IER LAND IN V ESTM ENT -
DE V ELO PM ENT O P P O RTUNIT Y
Market OverviewWHITEWING TRAILS
Whitewing Trails, located in Princeton, TX, is an 860 acre master
planned community, and is the largest planned community in the
Princeton market area. This property fronts Monte Carlo Boulevard
and FM 75, and is positioned contiguous to Princeton Meadows. The
master plan for Whitewing trails includes a 13 acre site for a new
elementary school, 122 acres of open space, which will include trails
for walking, running, and biking. Located less than 40 miles away
from downtown Dallas and 7 miles from historic downtown
McKinney, Princeton is in the direct path of growth from the
expanding North Dallas market. In the next 24-36 months, some of
the top companies in the world (Toyota, FedEx, State Farm, and
Liberty Mutual) will be moving key operations into the area and will
be seeking an abundant workforce of more than 15,000.
Whitewing Trails Master Planned Residential Community
7
P R I N C E TO N M E A D O W SP R EM IER LAND IN V ESTM ENT -
DE V ELO PM ENT O P P O RTUNIT Y
Land Advisory GroupABOUT US
8
"Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth."
- Theodore Roosevelt
What We Do
Henry S. Miller Company’s Land Advisory Group serves individual,
institutional, public, private and non-profit clients with the acquisition and
disposition of investment, recreational, and pre-development land. With
in-depth market knowledge, our team provides the expertise to evaluate
specific site needs and analyze highest and best use for strategically
located land assets. We also assist in all regulatory and entitlement issues.
As the leader in land brokerage in Texas, we have assisted thousands of
clients in the acquisition and marketing of land to regional, national, and
international investors and developers. In partnership with the Miller
Company’s Appraisal and Consulting Division, the Land Advisory Group
also conducts detailed market studies, land valuations and economic
development opportunity analysis for municipalities and governmental
entities.
The Land Advisory Group also works closely with financial institutions in
evaluating Real Estate Owned (REO) properties including conducting
valuations, market studies and dispositions.
Who We Are
Land Advisory Group was founded by senior real estate professionals at
Henry S. Miller Company and is comprised of individuals with nearly 80
years of industry experience. Team members have held executive
positions with nationally recognized real estate firms, with U.S.
government agencies and non-profit organizations.
Our Approach
We believe solving complex problems is achievable through careful
research and due diligence and by assigning a senior professional to
personally manage each assignment. We approach each challenge as
unique, applying the most effective combination of resources to each
project. We also believe in working collaboratively as a team and
establishing clear lines of communication with our clients.
Where We Work
The real estate professionals in the Land Advisory Group have advised
and consulted on over 500 engagements in 7 states and with 30
combined U.S. markets representing over $1.5 billion in value.
Our advisory team focuses on the following key property asset types in
the Dallas/Fort Worth, North Texas and Southwest U.S. markets:
Raw land for planned residential and mixed-use development projects;
Urban and suburban land for corporate campus sites;
Hospitality, multifamily, retail, and office development sites;
Recreational land and ranches;
Investment grade land assets positioned for long-term appreciation;
Opportunistic infill land sites.
Contact Information
www.henrysmiller.com
HENRY S. MILLER BROKERAGE, LLC
14001 DALLAS PARKWAY, 11TH FLOOR, DALLAS, TEXAS 75240
972.419.4000
Contact Information
Our Industry experts are here to provide you with the answers you need. Please feel free to contact Henry S.
Miller Brokerage Land Advisory Group so that we may further assist you with your real estate needs.
9
CHRIS BURROW
Vice President
p 972.419.4094
m 214.244.5047e [email protected]
ALEC LUCAS
Associate
p 972.386.1450
m 214.636.0067e [email protected]
DILLON COOK
Associate
p 972.386.1462
m 214.738.3857e [email protected]
ERIC LEYENDECKER
Associate
p 972.386.1463
m 214.704.0787e [email protected]
