7450 FM 982, PRINCETON, TX 75407
Homes for sale in Princeton.
Homes for sale in 75407.
List Price$1,925,000
7450 FM 982
Princeton, TX 75407
Listing #21167171
About This Property
JTACR Real Estate Group is pleased to present this Princeton land opportunity: a 11 acre site which previously operated as a wedding venue with a 2 story single family home, large warehouse, underground pool, out buildings, pavilion, all with a beautiful aesthetic of pasture and partially wooded area. The site is outside of city limits, but in the city of Princeton, the 3rd fastest growing city in the United States! With over 25,000 single family units completed and proposed, the Princeton market is aggressively growing, and with that, the demand for additional housing solutions, commercial development, and more. Current ownership has obtained site plans for proposed flex use at the front of the property; and has also obtained engineering for a 96 site tiny home and RV community and will provide all completed plans and studies for the development. Existing utilities include electricity, water, and on site septic This opportunity presents investors with a unique opportunity to develop around an already unique venue to either use the venue or demo parts of the existing project and finish the development around those features.
Property Features
Location Information
County
Collin
Subdivision
A1049
Interior Features
Has Fireplace
No
Exterior Features
Exterior
Courtyard, Garden, Storage
Lot Size in Sq. Ft.
487,436
Utilities
Electricity Connected, Septic Available, Water Available
Current Use
Agricultural, Cattle, Commercial, Grazing, Horses, Othe
Patio / Deck Description
Covered
Possible Best Use
Agricultural, Cattle, Comme
Other Structures
Barn(s), Stable(s)
Zoning
NA
Is a Horse Property
Yes
Road Description
Farm to Market Road, Gravel
Horse Amenities
Barn
Is One Story
No
Lot Description
Acreage, Agricultural, Pasture
Lot Description
Acreage, Agricultural, Pasture
Lot Size in Acres
11.19
School
Elementary School District
Princeton ISD
Jr. High School
Clark
Elementary School
Godwin
High School
Princeton
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Improved Land
Documents Available
Aerial, Engineering Report, Other, Survey
Status
Active
Similar Listings
Mortgage Calculator
$8,989
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,936
Monthly Tax
$1,604
Monthly Insurance
$449
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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