0000 Fm 982, Princeton, TX 75407
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0000 Fm 982, Princeton, TX 75407
0000 Fm 982, Princeton, TX 75407
0000 Fm 982, Princeton, TX 75407
0000 Fm 982, Princeton, TX 75407
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OnDemand Realty Commercial

OnDemand Realty Commercial

+1(214) 766-5833
$ 2,295,000
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0000 Fm 982 Princeton, TX 75407

2,086 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 2,086 sqft

Price per Sqft $1,100

Subdivision Sd Terry Surv Abs #890

MLS Listing ID 21365280

Construction Status Resale

HOA Y/N No

Year Built 1960

Annual Tax Amount $3,834

Lot Size 7.660 Acres

Acres 7.66

Property Sub-Type Unimproved Land

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 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.

Location

State TX

County Collin

Zoning Un-zoned. In the county, not ETJ.

Direction From Hwy 380 in Princeton go south on FM-982 to the peninsula. It will be the first property on the left when entering the peninsula. Use GPS. It is just feet north of the FM-982 CR-444 intersection.

Body of Water Lavon

Interior

Heating Propane

Cooling Central Air

Inclusions Land & Improvements

Fireplace No

Exterior

Utilities Available Electricity Connected, Propane, Phone Available, Sewer Available, Septic Available, Separate Meters, Water Available

Waterfront Description Lake Front

View Y/N Yes

Water Access Desc Community/Coop

View Water

Street Surface Asphalt

Road Frontage Farm to Market Road

Private Pool No

Building

Lot Description Acreage, Agricultural, Cleared, Backs to Greenbelt/Park, Irregular Lot, Few Trees

Story 1

Sewer Aerobic Septic, Septic Tank

Water Community/Coop

Construction Status Resale

Others

Tax ID R689000429401

Acceptable Financing Cash, Conventional, 1031 Exchange, Owner Will Carry, Other

Listing Terms Cash, Conventional, 1031 Exchange, Owner Will Carry, Other

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21365280


OnDemand Realty Commercial

OnDemand Realty Commercial

License ID: 0674395

+1(214) 766-5833

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0000 Fm 982