5251 Fm 982 Princeton, TX 75407
- Commercial real estate
- 1.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5251 Fm 982
- Lot size
- 1.50 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial land opportunity spans 1.5 to 16 acres in the thriving city of Princeton, Texas, located in Collin County, zip code 75407. Situated at the intersection of FM 546 and FM 982, this property benefits from its strategic location approximately 35 miles northeast of downtown Dallas. Princeton is experiencing explosive growth, projected to see a 50% increase in both households and population by 2028. The surrounding area boasts impressive demographics, with average household incomes exceeding $134,000 within a one-mile radius. This advantageous position is further enhanced by its adjacency to the Bridgewater Master-Planned community, a development that will ultimately encompass over 2,300 homes. Adding to the property's appeal, Lennar Homes is currently constructing approximately 225 rental homes on an adjacent 32-acre parcel, with completion anticipated in late 2025. Available land parcels include 1.5, 5, and 16 acres, offering flexibility for various development projects. This presents a unique investment opportunity in one of Texas's fastest-growing areas. The property's coordinates are 33.1028007 latitude and -96.5011257 longitude.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Princeton
- County
- Collin
- State
- Texas
- Longitude
- -96.5011257
- Latitude
- 33.1028007
