About 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 Fm 982
| MLS® # | 21371589 |
|---|---|
| Price | $2,295,000 |
| Acres | 7.66 |
| Year Built | 1960 |
| Type | Land |
| Sub-Type | Improved Land |
| Status | Active |
Community Information
| Address | Fm 982 |
|---|---|
| Subdivision | SD Terry Surv Abs #890 |
| City | Princeton |
| County | Collin |
| State | Texas |
| 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, Agricultural, Cleared, Few Trees, Irregular Lot, Water/Lake View |
|---|
School Information
| District | Princeton ISD |
|---|---|
| Elementary | James |
| Middle | Mattei |
| High | Lovelady |
Additional Information
| Zoning | Un-zoned. In the county, not ETJ. |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | David Gloria |
|---|---|
| Office | Ebby Halliday, Realtors |
| Contact Info | 214-509-0808 |