5551 Fm 982, Princeton, TX 75407
See all 16 photos
5551 Fm 982, Princeton, TX 75407
5551 Fm 982, Princeton, TX 75407
5551 Fm 982, Princeton, TX 75407
5551 Fm 982, Princeton, TX 75407
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Alex Piech

Alex Piech

+1(469) 885-0435
$ 2,495,000
Est. payment /mo
Save Virtual Tour
Active

5551 Fm 982 Princeton, TX 75407

3.04 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Sd Terry Surv Abs #890

MLS Listing ID 21271034

HOA Y/N No

Year Built 1965

Annual Tax Amount $12,046

Lot Size 3.040 Acres

Acres 3.04

Property Sub-Type Unimproved Land

Property Description

Tremendous development opportunity or 1031 candidate. This 3 acre hard corner is right in the middle of the growth in the area. Ideal location for a retail development. This area is in great need of retail from coffee shops to clothing. 3 acres is the right size for a shopping center. However, there are no known restrictions on the property, so it could be developed into anything as it is in the county. If you need sewer, then you would need to annex into the city. Sewer is all around this property. The old structures on the property have been removed, so now it's just land. Seller financing is available.

Location

State TX

County Collin

Zoning Unzoned. In the county

Direction Located on the Peninsula in Princeton. From 380, take FM-982 (2nd St) south to the peninsula. Property is on the SE corner of FM-982 and CR-1099 on the left past the Dollar Tree. GPS will get you there.

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Overhead Utilities, Sewer Available, Water Available

Water Access Desc Community/Coop

Present Use Vacant

Street Surface Asphalt

Road Frontage County Road, Farm to Market Road, All Weather Road

Private Pool No

Building

Lot Description Acreage, Corner Lot

Water Community/Coop

Schools

Elementary Schools James

Middle Schools Mattei

High Schools Lovelady

School District Princeton Isd

Others

Tax ID R689000420101

Acceptable Financing Cash, Conventional, 1031 Exchange, Lease Option, Owner Will Carry

Listing Terms Cash, Conventional, 1031 Exchange, Lease Option, Owner Will Carry

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21271034

Alex Piech
Alex Piech

Agent | License ID: 0642796

+1(469) 885-0435 | alex.piech@exprealty.com

GET MORE INFORMATION

Name
Phone*
Message
By checking this box, and clicking “SUBMIT,” I am confirming that I have read and agree to this website’s Privacy Policy and Terms of Service and I am providing my electronic signature and consent to receive marketing communications (about real estate brokerage services, and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone call and/or text messaging (using “automated technology” such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate agents, and/or its affiliates at the telephone number and email address I provided. Message frequency varies and message and data rates may apply. Consent is not a condition of purchase. You may opt-out at any time by replying “STOP” to a text or “HELP” for assistance or unsubscribing via email. You may call to obtain direct assistance.

Go tour this home

5551 Fm 982

QUICK SEARCH