106 E Princeton Dr

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106 E Princeton Dr

Princeton, TX 75407
Asking Price
$2.40M
Asset Type
Shopping Center Retail
Class
Class B

What's Special

Development Opportunity in one of the fastest growing Texas cities! <ul><li>​<span style="color: rgba(0, 0, 0, 1)">Princeton ranks within the top 5 fastest growing cities in the nation as of 2024 and fastest growing city in Texas according to Realtor.com 2025.</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Population has grown by 166% since 2020 with current population of 46,000+ as of 2026 with anticipated growth to 80,000+ within next 10 years.</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">41,000+ Vehicles daily along 380</span></li><li>​<span s

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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686

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