$1,190,000
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4703 Fm 982 #Lot 1 Princeton, TX 75407
4 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Abs A0890 S D Terry Survey
MLS Listing ID 20632694
Sold Date 10/11/24
HOA Y/N None
Lot Size 4.000 Acres
Acres 4.0
Property Description
Princeton TX was just named the 3rd fastest growing city in America by the US Census Bureau. You can just look around this property and see that volume of new construction. This is an ideal location for Commercial or Retail right on FM-982 across from CR-444 just north of FM-546. 4 acres adjacent to Corps land overlooking Lake Lavon on the peninsula. Offering consists of 4 acres out of larger parcel. Property is ideal for a retail, residential or combo development with lake access. Many new homes being built in the immediate area. It might be possible to tie into the MUD in the nearby development for a fee as other developments are doing. This could allow for high density and multi-story development overlooking the lake for unparalleled views. This area is located in the county not city or ETJ. This area is a very fast growing area. Additional acreage is available.
Location
State TX
County Collin
Zoning No zoning, located in the county
Direction From Princeton, S on FM-982 approx 4.5 miles. Property on east side of FM-982 by lake just before FM-546. From Allen take Bethany until it turns to Lucas Rd. Continue on Lucas Rd and cross over 1st bridge on Lake Lavon until you get to FM-982. North on FM-982 about .5 miles. Property on right
Exterior
Utilities Available Aerobic Septic, Asphalt, Co-op Water, Electricity Available, Outside City Limits
Waterfront Description Lake Front – Corps of Engineers
Street Surface Asphalt
Garage No
Building
Lot Description Acreage, Few Trees, Greenbelt, Cedar
Schools
Elementary Schools Harper
Middle Schools Clark
High Schools Princeton
School District Princeton Isd
Others
Restrictions No Known Restriction(s)
Ownership See Agent
Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry, Private Financing Available
Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry, Private Financing Available
Financing Cash
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Bought with Non-Mls Member • NON MLS