$2,495,000
 $13,394 est/mo Sourced by Back At You

5551 Fm 982,Princeton, TX 75407

Princeton, TX 75407

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Description

Tremendous development opportunity or 1031 candidate. This 3 acre hard corner is right in the middle of the growth in the area. Ideal location for a retail development. This area is in great need of retail from coffee shops to clothing. 3 acres is the right size for a shopping center. However, there are no known restrictions on the property, so it could be developed into anything as it is in the county. If you need sewer, then you would need to annex into the city. Sewer is all around this property. The old structures on the property have been removed, so now it's just land. Seller financing is available.

Details

MLS #21271034
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1965
Days On Site116
Listing Provided ByEbby Halliday, Realtors | David Gloria

Features

ZoningUnzoned. In the county
Acreage3.04

Exterior

Lot FeaturesAcreage, Corner Lot

Utilities

UtilitiesAll Weather Road, Asphalt, Co-op Water, Electricity Available, Outside City Limits, Overhead Utilities, Sewer Available

Taxes

Unexempt Taxes12046

Area Information

StateTX
CountyCollin
CityPrinceton
Zip Code75407
AreaCollin
Community NameSD Terry Surv Abs #890
School DistrictPrinceton ISD
Elementary SchoolJames
High SchoolLovelady
Listing VS Median (in SD Terry Surv Abs #890)
Price:
$2,495,000
low | high
Med:
$1,332,500
96.593186372745% of Average
On site:
116
low | high
Med:
84.5
100% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyCollin
CityPrinceton
Zip Code75407
AreaCollin
Community NameSD Terry Surv Abs #890
School DistrictPrinceton ISD
Elementary SchoolJames
High SchoolLovelady
Listing VS Median (in SD Terry Surv Abs #890)
Price:
$2,495,000
low | high
Med:
$1,332,500
96.593186372745% of Average
On site:
116
low | high
Med:
84.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.871M - $3.118M
sqft: 0 - 0
Listing Updated: May 18, 2026 at 4:26:19 PM PDT