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The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

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© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sapphire Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

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$2,295,000

Active

FM 982

Princeton, TX 75407

Days on Market

21371589

MLS#

Land

Structure

Residential

Zone

Contact

Magnificent incredible property that backs up to the Corps of Engineers land overlooking Lake Lavon. ±7.66 acres with a main house that is very nicely finished out. Property is currently used as residential but has tremendous commercial or development potential. The property is in the county and removed from the ETJ, however if a developer decides to bring in sewer from one of the nearby developments, then it would need to annex into the city. This is the last property on the right when leaving the peninsula. It would be ideal for a retail center or a mixed use type development. Perhaps homes, townhomes or apartments overlooking the lake in back. It is truly a unique offering and rare opportunity. Just minutes to major shopping in Allen and McKinney. About 20 minutes to Hwy 75 or about 10 minutes to 380 in Princeton. Walmart is about 10 minutes away in Lucas. Buyer to verify all information.

Property Details

Cooling: 1
Heating: Propane
Cooling Features: Central Air
View: Water
Lot Features: Acreage, Agricultural, Cleared, Backs To Greenbelt Park, Irregular Lot, Few Trees
Lot Description: Acreage, Agricultural, Cleared, Backs To Greenbelt Park, Irregular Lot, Few Trees
Acres: 0.0
Lot Size (sqft): 7.66
Property Type: Purchase
Property Subtype Additional: Improved Land
Year Built: 1960
Sewer Information: Aerobic Septic, Septic Tank
Utility Source: Community Coop
Utility Features: Electricity Connected, Propane, Phone Available, Sewer Available, Septic Available, Separate Meters, Water Available
Subdivision: SD Terry Surv Abs #890
School District: Princeton ISD
Elementary School: James
Middle School: Mattei
High School: Lovelady,Princeton
County: Collin
Region: Princeton
Days on Market (Cumulative): 18
Taxes Annual: $3,834
MLS #: 21371589
Property Subtype: ImprovedLand
Waterfront: 1
Parcel Number: R689000429401
MLS #: 21371589
Waterfront Type: Lake Front
Address: FM 982

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sapphire Realty shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Provided By
Listed by David Gloria (#0408427)
Listing Office: Ebby Halliday, Realtors (#EBBY35)

Sapphire Realty Have a question about this home?

$2,295,000

FM 982

Princeton, TX 75407

Property Details

Location

Legal

Interested in Purchasing FM 982?

$2,295,000

FM 982

Princeton, TX 75407

Property Details

Location

Legal

Interested in Purchasing FM 982?