Princeton, TX 75407,5551 Fm 982

$875,000

Est.Price: ?

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Est. payment /mo

3.09 Acres Lot


SOLD DATE : 10/01/2024

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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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by David Gloria • Ebby Halliday, Realtors
Bought with David Gloria • Ebby Halliday, Realtors
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