87.8 Acres of Land for Sale in Princeton, Texas

2472 FM 982, Princeton, TX 75407

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$9,750,000
87.84 acres
pending saleUnder contract

+- 87.8422 Acre development tract located in Princeton, Texas ETJ. Property is centered in high residential growth area with ample FM 982 frontage. Utilities on site: 10" water main, 3-phase electric and AT&T Fiber present. Property is in Princeton CCN for sewer and is in future plan along FM 982. Princeton has steady growth in DFW Metro area with $85,548 (6.5% growth YTD) household income and a median home price of $225,000 (9.7% Growth YTD). 2-mile radius PUDs have 7,000+ lots in construction (SFR, MF) Future use is development for single family residential, multifamily, or planned development (multi use). 2-mile area has multiple planned developments in area with 7,441 lots either developed and in development. The subject is currently ag exempt and in the Princeton ETJ. Ready for entitlements right for buyer. No known restrictions.

Directions

From Princeton take FM 982 South for 2.5 miles. Property on west side 982 across from Vista RV.

Property details

Coordinates
33.1417, -96.4928
Community
Culleoka
Elevation
561 feet
MLS Number
NTREIS 20498370
Date Listed

Legal description

Parcels

  • R689000204801

Resources

This 87.84-acre property is located at 2472 FM 982 in Princeton, TX 75407 with latitude 33.1417 and longitude -96.4928. The property is currently pending sale for $9,750,000 with a price per acre of $110,997. Listing data is sourced from North Texas Real Estate Information Systems # 20498370.

Verify sale details at the property source or contact Century 21 Harvey Properties-P at (903) 583-3188.

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Listing checked and updated . Parcel data by Regrid.

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