4647 Fm 982, Princeton, TX 75407
- $2,495,000
- List Price
- $2,495,000
- MLS#
- 21179493
- Status
- ACTIVE
- Type
- Land
- Subtype
- Land
- Year Built
- 1960
- Acres
- 7.66
- County
- Collin
- City
- Princeton
- Subdivision
- SD Terry Surv Abs #890
Property Description
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 left 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.
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Additional Information
- Unexempt Taxes
- $3,834
- Lot Size
- 333,669
- Acres
- 7.66
- Lot Description
- Agricultural, Cleared, Backs To Greenbelt Park, Irregular Lot, Few Trees
- School District
- Princeton Isd
- Elementary School
- James
- Middle School
- Mattei, Huddleston
- High School
- Lovelady, Princeton
- Possession
- Negotiable
- Proposed Use
- Agricultural, Commercial, Development, Industrial, Investment, Mixed Use, Place Of Worship
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Listing courtesy of David Gloria from Ebby Halliday, Realtors. Contact: 214-509-0808