Retail or Office Building with
For Sale
$399,900
1821 Fm 982, Princeton, TX 75407
COMMERCIAL - Princeton, TX
Lot Size0.23 Acres
Days on Market93
Property Features for 1821 Fm 982
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business
Parking features
Driveway, Paved or Surfaced
Subdivision
A0957
Lot features
Back Yard, Corner Lot, Lawn, Few Trees
Directions
From 380 go south on S 2nd street, which will come on to FM 982.
Standard status
Active
APN
R695700826101
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
ABS A0957 HARDIN WRIGHT SURVEY, SHEET 8, TRAC
Tax Annual Amount
3268
Legal Description
ABS A0957 HARDIN WRIGHT SURVEY, SHEET 8, TRAC
Utilities
Sewer type
Aerobic Septic
Heating system
Electric (Heating)
Cooling system
Electric
Building Details
Year built
1965
Floors in Building
1
Number of units
1
Flooring type
Laminate, Carpet
Roof type
Shingle
Listing Agency:
Texas Urban Living Realty
(214) 823-7783
Listed By:
Monica Torres · License #0576252
(214) 823-7783
Added: Apr 29
Changed: Jul 27
Last Checked: Jul 30 at 12:06PM
MLS# 21235820
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This versatile property at 1821 Fm 982 in Princeton, TX is currently being used as a Spanish school, offering a layout that can translate well to other retail or office concepts. Inside, the building includes two large living areas, two full bathrooms, a dedicated laundry room area, and a full kitchen—features that can support a range of day-to-day operating needs.
The property benefits from great visibility and highway frontage in a rapidly growing area. The listing also notes there are no known restrictions, which can broaden potential redevelopment or tenant use. Lot coverage is described as almost a quarter acre, and the site includes an underground storm shelter.
For an operator getting established, this presents a practical opportunity to launch in a high-visibility setting with an adaptable floorplan. For businesses evaluating space that can support more than one functional zone, the combination of multiple large areas and the existing service-oriented components (laundry and kitchen) may reduce early build-out needs. With ongoing development referenced for the area, the property may be especially appealing to growing uses seeking exposure and flexibility.
The property benefits from great visibility and highway frontage in a rapidly growing area. The listing also notes there are no known restrictions, which can broaden potential redevelopment or tenant use. Lot coverage is described as almost a quarter acre, and the site includes an underground storm shelter.
For an operator getting established, this presents a practical opportunity to launch in a high-visibility setting with an adaptable floorplan. For businesses evaluating space that can support more than one functional zone, the combination of multiple large areas and the existing service-oriented components (laundry and kitchen) may reduce early build-out needs. With ongoing development referenced for the area, the property may be especially appealing to growing uses seeking exposure and flexibility.
Key Highlights
- Approx. quarter‑acre property with underground storm shelter
- Previously used as a Spanish school; could be suitable for retail business or office use
- 2 large living areas, 2 full bathrooms, laundry room area, and a full kitchen
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 75407, TX
25,738
Population
10,095
Households
2.5
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
49.9 sq mi
ZIP Area
516
Density / Sq Mi
$92,076
Median Household Income
$48,912
Median Earnings
$1,867
Median Rent
$307,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
School - Prominent visibility and highway frontage with a flexible interior that currently operates as a Spanish school.
Where is this school located?
The property is located at 1821 Fm 982 Princeton, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Approx. quarter‑acre property with underground storm shelter; Previously used as a Spanish school; could be suitable for retail business or office use; 2 large living areas, 2 full bathrooms, laundry room area, and a full kitchen
