Hard Corner Development
For Sale
$2,495,000
5551 Fm 982 Princeton, Princeton, TX 75407
3-acre hard-corner parcel cleared of old structures, with sewer nearby and seller financing available.
Property SizeContact for details
Days on Market48
Property Features for 5551 Fm 982 Princeton
General Information
Standard status
Active
Property subtype
Land
Zoning
Unzoned. In the county
Taxes and HOA fees
Annual Taxes
$12,046
Building Details
Year Built
1965
Listing Agency:
Opt
(800) 683-5651
Listed By:
Luagny Jomarron
(800) 683-5651
Source:
Jparhouston
Added: Jul 14
Changed: Aug 22
Last Checked: Aug 29 at 6:16AM
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 Opt
Investment Insights
Based on property information with market context.
This offering is a cleared 3-acre hard-corner commercial land parcel at 5551 FM 982, Princeton, TX 75407. The old structures on the property have been removed, leaving the site ready for new development.
The property is described as being “right in the middle of the growth in the area,” and the seller notes it is well-suited for retail development. The parcel is located in the county, and the seller states there are no known restrictions on the property; it “could be developed into anything” as it is in the county. If sewer service is needed, the seller indicates you would need to annex into the city, while sewer is described as being all around the property.
Seller financing is available, and this site is also presented as a potential 1031 exchange candidate.
The property is described as being “right in the middle of the growth in the area,” and the seller notes it is well-suited for retail development. The parcel is located in the county, and the seller states there are no known restrictions on the property; it “could be developed into anything” as it is in the county. If sewer service is needed, the seller indicates you would need to annex into the city, while sewer is described as being all around the property.
Seller financing is available, and this site is also presented as a potential 1031 exchange candidate.
Key Highlights
- 3‑acre hard‑corner parcel with old structures removed, cleared and ready for development
- Located in an area described as being in need of retail (coffee shops to clothing)
- Sewer is all around the property; if sewer is needed, annexation into the city may be required
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
134
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 - 3-acre hard-corner parcel cleared of old structures, with sewer nearby and seller financing available.
Where is this commercial land located?
The property is located at 5551 Fm 982 Princeton Princeton, TX.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 3‑acre hard‑corner parcel with old structures removed, cleared and ready for development; Located in an area described as being in need of retail (coffee shops to clothing); Sewer is all around the property; if sewer is needed, annexation into the city may be required
