Land for Sale in Princeton, Texas

This is a unique opportunity to own 38.397 acres backing to Lake Lavon & Corps of Engineers land situated in Princeton, a gem for developers or someone looking for a turnkey RV park buisness plus land. Own a fully operational and leased, meticulously maintained RV park & storage business, plus an additional 30+- acres ready for commercial or residential development with stunning lake views. You'll find tranquil lakeside living that backs to Lake Lavon and Army Corps of Engineer land. Located in County, NOT within the city or ETJ - no city taxes. Outside of the city limits, commercial zoning, & pasture land. Per the seller, Property is ready with aerobic septic systems, power & a new 8' water line was just added at the street near the property. Approx 1133 feet of LAKE Lavon frontage to the Corps of Engineers land along the lake which should remain undeveloped & which includes walking access to the waters & shoreline of Lake Lavon. Many new homes are being built in the immediate area. Property is ideal for commercial business, residential, or combo development with lake access. It might be possible to tie into the the nearby sewer development for a fee as other developments are doing. This could allow for high density and multi-story development overlooking the lake. This area is located in the county not city or ETJ. Approx 479 feet of road frontage on Hawthore Drive with pipe fencing and nice entry drive. Additional 1 acre may be available for purchase. Princeton TX was just named the 3rd fastest growing city in America by the US Census Bureau. New construction is booming all around this prime real estate opportunity. Lake Lavon offers fishing & boating, swimming & picnicking along its shores. Many new homes are being built in the immediate area.