7450 FM 982, PRINCETON, TX 75407

Homes for sale in Princeton.

Homes for sale in 75407.


Active

List Price$1,925,000

7450 FM 982

Princeton, TX 75407

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21167171

11.19

Acres

Lots / Land

Type

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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