Commercial Land Development
For Sale
$2,300,000
Fm 982, Princeton, TX 75407
Land, Princeton, TX
Property SizeContact for details
Lot Size12.00 Acres
Days on Market47
Property Features for Fm 982
General Information
Property type
Land
Property subtype
Other
Zoning description
Outside city limits
Subdivision
Wait Estates
Lot features
Acreage
Elementary school
Godwin
Middle school
Clark,Huddleston
High school
Lovelady,Princeton
Elementary school district
Princeton ISD
Middle school district
Princeton ISD
High school district
Princeton ISD
Directions
From 380 turn on S 2nd Street-FM 982, 3.2 miles on right just a few feet past Leroy Road-PVT RD 5173
Standard status
Active
APN
R1243000A00101
Lot size
12.00 Acres
Taxes and HOA fees
Tax Description
WAIT ESTATES (GCN), BLK A, LOT 1
Tax Annual Amount
2501
Legal Description
WAIT ESTATES (GCN), BLK A, LOT 1
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Eaton Real Estate Company
(409) 766-1111
Listed By:
Stephen Eaton · License #0539000
(409) 996-9999
Added: Jul 23
Changed: Sep 5
Last Checked: Sep 7 at 10:06PM
MLS# 21337500
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 commercial land development site consists of four parcels sold together, totaling over 12 acres. It offers frontage on a main busy street along FM 982 and 2nd Street, making it suitable for a range of uses such as business, office, or flex space. The seller notes no known restrictions.
The property provides easy access to Hwy 380, Hwy 75, and Hwy 121. Water and power are available through public sources, and city sewer is identified for the site.
Located outside city limits, the property may support higher-density, multi-story development concepts. Public water and public sewer provide a straightforward foundation for future site planning and entitlement.
The property provides easy access to Hwy 380, Hwy 75, and Hwy 121. Water and power are available through public sources, and city sewer is identified for the site.
Located outside city limits, the property may support higher-density, multi-story development concepts. Public water and public sewer provide a straightforward foundation for future site planning and entitlement.
Key Highlights
- Over 12 acres from four parcels sold together
- Frontage on a main busy street along FM 982 and 2nd Street
- Outside city limits
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land outside city limits with public water and public sewer and frontage on a main busy street.
Where is this commercial land located?
The property is located at Fm 982 Princeton, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Over 12 acres from four parcels sold together; Frontage on a main busy street along FM 982 and 2nd Street; Outside city limits
