Princeton, TX 75407,4647 Fm 982
Princeton, TX 75407,4647 Fm 982
Princeton, TX 75407,4647 Fm 982
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David Sheehan

David Sheehan

REFLECT Real Estate

+1(214) 923-5897
$2,495,000
Est. payment /mo
7.66 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Sd Terry Surv Abs #890

MLS Listing ID 21179493

HOA Y/N None

Year Built 1960

Annual Tax Amount $3,834

Lot Size 7.660 Acres

Acres 7.66

Property Sub-Type Improved Land

Property Description

Magnificent incredible property that backs up to the Corps of Engineers land overlooking Lake Lavon. ±7.66 acres with a main house and 3 cabins or tiny homes that are all very nicely finished out, and could be income producing rentals. 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 left 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.

Location

State TX

County Collin

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

Direction From Hwy 380 in Princeton go south on FM-982 to the peninsula. It will be the first property on the left when entering the peninsula. Use GPS. It is just feet north of the FM-982 CR-444 intersection.

Interior

Heating Propane

Cooling Central Air

Heat Source Propane

Exterior

Fence Fenced, Gate

Utilities Available Co-op Water, Electricity Connected, Individual Water Meter, Outside City Limits, Phone Available, Propane, Septic, Sewer Available, Unincorporated

Waterfront Description Lake Front – Corps of Engineers

Lot Frontage 275.0

Garage No

Building

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

Schools

Elementary Schools James

Middle Schools Mattei

High Schools Lovelady

School District Princeton Isd

Others

Restrictions No Known Restriction(s)

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Carry Second, Other

Listing Terms 1031 Exchange, Cash, Conventional, Owner Carry Second, Other

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21179493

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
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Listed by David Gloria • Ebby Halliday, Realtors

NEARBY SCHOOL & BUSINESS

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Reflect Real Estate

Reflect Real Estate

+1(214) 449-1822

Brokerage | License ID: 9010073

Brokerage License ID: 9010073

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