000 Fm 982, Princeton, TX

$2,295,000

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7.66

Acres

About 000 Fm 982

Magnificent incredible property that backs up to the Corps of Engineers land overlooking Lake Lavon. ±7.66 acres with a main house that is very nicely finished out. Property is currently used as residential but has tremendous commercial or development potential. The property is in the county and removed from the ETJ, however if a developer decides to bring in sewer from one of the nearby developments, then it would need to annex into the city. This is the last property on the right when leaving the peninsula. It would be ideal for a retail center or a mixed use type development. Perhaps homes, townhomes or apartments overlooking the lake in back. It is truly a unique offering and rare opportunity. Just minutes to major shopping in Allen and McKinney. About 20 minutes to Hwy 75 or about 10 minutes to 380 in Princeton. Walmart is about 10 minutes away in Lucas. Buyer to verify all information.

Features of 000 Fm 982

MLS® # 21371589
Price $2,295,000
Bathrooms 0.00
Acres 7.66
Year Built 1960
Type Land
Sub-Type Improved Land
Status Active

Community Information

Address 000 Fm 982
Subdivision SD Terry Surv Abs #890
City Princeton
County Collin
State TX
Zip Code 75407-4785

Amenities

Utilities Aerobic Septic, Asphalt, Co-op Water, Electricity Connected, Individual Water Meter, Outside City Limits, Phone Available, Propane, Septic, Sewer Available, Unincorporated
Is Waterfront Yes
Waterfront Lake Front – Corps of Engineers
Has Pool No

Interior

Heating Propane
Fireplace No

Exterior

Lot Description Acreage, Adjacent to Greenbelt, Cleared, Few Trees, Irregular Lot, Water/Lake View, Agricultural

School Information

District Princeton ISD
Elementary James
Middle Mattei
High Lovelady

Additional Information

Zoning Un-zoned. In the county, not ETJ.

Listing Details

AgentDavid Gloria
OfficeEbby Halliday, Realtors
Contact Info214-509-0808

Listing Map

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