Search
School-to-Retail/Office Building
For Sale
$399,900

1821 Fm 982, Princeton, TX 75407

Former Spanish school building with kitchen, bathrooms, laundry, and highway frontage for retail or office use.

Days on Market100

Property Features for 1821 Fm 982

General Information

Standard status Active
Property subtype Commercial

Additional Details

Highway Access Yes

Amenities

two large living areas
two full bathrooms
laundry room area
full kitchen
underground storm shelter

Building Details

Year Built 1965
Listing Agency: Texas Urban Living Realty
Listed By: Monica Torres · License #0576252
Source: Signaturere
Added: Apr 22 Changed: Jul 21 Last Checked: Jul 29 at 12:47PM

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 Texas Urban Living Realty

Investment Insights

Based on property information with market context.

This property is currently used as a Spanish school and includes two large living areas, two full bathrooms, a dedicated laundry room area, and a full kitchen. The asset sits on approximately a quarter acre and includes an underground storm shelter.

The property is offered for sale at 1821 Fm 982 in Princeton, TX 75407. Public remarks note great visibility and highway frontage, along with no restrictions known to exist to guide use.

With the existing interior layout and commercial-facing visibility, the building may be a fit for a variety of retail or office users, subject to buyer due diligence.

Key Highlights

  • Former Spanish school building, built in 1965
  • Approximately a quarter acre lot with underground storm shelter
  • Highway frontage and being used as a Spanish school (could be used for retail or office)

Property Analytics

Current Use

Spanish Tea Time Language School

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Plumbing Service Building Supply Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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 - Former Spanish school building with kitchen, bathrooms, laundry, and highway frontage for retail or office use.
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: Former Spanish school building, built in 1965; Approximately a quarter acre lot with underground storm shelter; Highway frontage and being used as a Spanish school (could be used for retail or office)
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message