Commercial Land With Lake
New
For Sale
$2,295,000
0000 Fm 982, Princeton, TX 75407
A finished main house sits on the tract, which is in the county and outside the ETJ.
Property Size2,086 SF
Price / SF$1,100
Days on Market6
Property Features for 0000 Fm 982
General Information
Standard status
Active
Size
2,086 SF
Property subtype
Commercial Lots & Land
Building Details
Building Size
2,086 SF
Year Built
1960
Stories
1
Units
1
Listed By:
JJ Hampton
(254) 592-3480
Source:
Jjhampton
Added: Oct 20
Changed: Oct 24
Last Checked: Oct 24 at 3:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JJ Hampton
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7.66-acre commercial land property includes a main house described as nicely finished. The property is currently used for residential purposes and is outside the ETJ in county jurisdiction.
The tract backs up to Corps of Engineers land and overlooks Lake Lavon. It is the final property on the right when leaving the peninsula. Shopping in Allen and McKinney is described as minutes away; Hwy 75 is about 20 minutes away, Hwy 380 in Princeton about 10 minutes away, and Walmart in Lucas about 10 minutes away.
If sewer is brought in from a nearby development, annexation into the city would be required.
The tract backs up to Corps of Engineers land and overlooks Lake Lavon. It is the final property on the right when leaving the peninsula. Shopping in Allen and McKinney is described as minutes away; Hwy 75 is about 20 minutes away, Hwy 380 in Princeton about 10 minutes away, and Walmart in Lucas about 10 minutes away.
If sewer is brought in from a nearby development, annexation into the city would be required.
Key Highlights
- Approximately 7.66 acres
- Main house on the property, described as nicely finished
- Borders Corps of Engineers land and overlooks Lake Lavon
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
399
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
Frequently Asked Questions
What type of property is this?
Commercial land - A finished main house sits on the tract, which is in the county and outside the ETJ.
Where is this commercial land located?
The property is located at 0000 Fm 982 Princeton, TX.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Approximately 7.66 acres; Main house on the property, described as nicely finished; Borders Corps of Engineers land and overlooks Lake Lavon
