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5551 Fm 982 Princeton, TX 75407
3.09 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Abs A0890 S D Terry Survey
MLS Listing ID 20690414
Sold Date 10/01/24
HOA Y/N None
Year Built 1965
Annual Tax Amount $3,987
Lot Size 3.090 Acres
Acres 3.09
Property Description
±3 acres at the hard corner of FM-982 and CR-1099 in the fast fast growing area of Princeton TX. This property is ideal for a shopping center or other retail development. No known restrictions. Property is in the county, no ETJ but sewer is available from the MUD district. Princeton has the CCN for sewer through the MUD. There is massive amounts of development in the area and directly across both roads from the property. The home has no value and needs to be scaped. According to the US Census Bureau, Princeton is the 3 fastest growing city in the U.S. There are literally thousands of new homesites either built, being built or planned surrounding this tract. Lennar, DR Horton and others are building all around the area. Seller will consider a ground lease as well for the right user. Buyer to verify all information contained herein including school info.
Location
State TX
County Collin
Zoning Unzoned
Direction From 380, take FM 982 to the peninsula past FM-546. Property as the SE corner of FM-982 and CR-1099.
Exterior
Fence Gate, Partial, Other
Utilities Available All Weather Road, Asphalt, Co-op Water, Electricity Connected, Individual Water Meter, Outside City Limits, Phone Available, Septic, Sewer Available, Unincorporated
Street Surface Asphalt
Garage No
Building
Lot Description Acreage, Corner Lot, Undivided
Schools
Elementary Schools Mayfield
Middle Schools Mattei
High Schools Princeton
School District Princeton Isd
Others
Restrictions No Known Restriction(s)
Ownership See Tax
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
Special Listing Condition Aerial Photo, Survey Available, Utility Easement
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Bought with David Gloria • Ebby Halliday, Realtors