000 Fm 982, Princeton, TX 75407
Local realty services provided by:CENTURY 21 Judge Fite Company
Listed by: david gloria
Office: ebby halliday, realtors
MLS#:21371589
Source:GDAR
Price summary
- Price:$2,295,000
About this home
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.
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Home facts
- Year built:1960
- Subdivision & Development:SD Terry Surv Abs #890
- Listing ID #:21371589
- Added:20 day(s) ago
- Updated:September 17, 2026 at 11:55 AM
Heating and cooling
- Cooling:Central Air
- Heating:Propane
- Central air:Yes
Structure and exterior
- Year built:1960
- Lot area:7.66 Acres
- Lot Features:Acreage, Agricultural, Cleared, Few Trees, Irregular Lot
Schools
- High school:Lovelady,Princeton
- Middle school:Mattei
- Elementary school:James
Finances and disclosures
- Price:$2,295,000
- Tax amount:$3,834
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