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Fenced Waterfront Development Land
For Sale
$2,495,000

4647 Fm 982, Princeton, TX 75407

Fully fenced and gated land with access to Lake Lavon, plus an updated home that could serve as office space.

Property Size1 SF
Price / SF$2,495,000
Days on Market253

Property Features for 4647 Fm 982

General Information

Standard status Active
Size 1 SF
Property subtype Vacant Land
Zoning Un-zoned. In the county, not ETJ.

Additional Details

Fenced Yard Yes

Building Details

Year Built 1960
Listing Agency: Ebby Halliday, Realtors
Listed By: David Gloria · License #0408427
Source: Reflectrealestate
Added: Jan 12 Changed: Sep 15 Last Checked: Sep 22 at 3:35AM

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 Ebby Halliday, Realtors

Investment Insights

Based on property information with market context.

This high-profile Princeton property offers fenced and gated land with direct access to Lake Lavon and the ability to back up to U.S. Army Corps of Engineers land. The site also includes an updated home that could be used as an office, and it benefits from a partial agricultural exemption.

The property is located in the county with no ETJ. Public remarks note thousands of new homes planned in the immediate area, supporting a development-focused outlook. A fully enclosed, ready-to-manage setup can also appeal to users seeking controlled access while working near the lake.

For sale at 4647 FM982, the combination of waterfront adjacency, gated fencing, and an onsite improved structure creates a flexible platform for development planning or a 1031 exchange buyer.

Key Highlights

  • Fully fenced and gated property in Princeton, TX, with access to Lake Lavon via U.S. Army Corps of Engineers land
  • Updated home on‑site that could be used as office space
  • Property is in the county (no ETJ)

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Auto Repair Shop Storage Facility Gym & Fitness Center Accounting Firm Discount Store Bed & Breakfast

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
Fenced yard

Location Intelligence

Trade Area within ½ mile

11
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Fully fenced and gated land with access to Lake Lavon, plus an updated home that could serve as office space.
Where is this waterfront land located?
The property is located at 4647 Fm 982 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: Fully fenced and gated property in Princeton, TX, with access to Lake Lavon via U.S. Army Corps of Engineers land; Updated home on‑site that could be used as office space; Property is in the county (no ETJ)
More about this property
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