4647 Fm 982
Princeton, Texas 75407
7.66Acres(Lot)
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 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 m
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Utilities
Co-op Water,Electricity Connected,Individual Water Meter,Outside City Limits,Phone Available,Propane,Septic,Sewer Available,Unincorporated -
Cooling Features
Central AirHeating Source
Propane
-
Building Information
Built Year: 1960 -
Fencing
Fenced,Gate
-
Lot Information
Lot Size (Acr): 7.6600 Lot Size Units: Acres Lot Size Square Feet: 333,670 Lot Size Source: Assessor Lot Features: Acreage,Adjacent to Greenbelt,Agricultural,Cleared,Few Trees,Irregular Lot,Water/Lake View -
Property Information
Property Type: Land Property Sub Type: Improved Land Subdivision: SD Terry Surv Abs #890 City: Princeton State: Texas Directions: 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. Property Status: Active Exclusions: All personal property Property Age: 66
-
Listing Price Information
Original List Price: $2,495,000 -
Listing Information
Possession: Negotiable
-
Tax Information
Parcel Number: R689000413101 Tax Block: 4 Tax Legal Description: ABS A0890 S D TERRY SURVEY, SHEET 4, TRACT 13 Unexempt Taxes: $3,834
-
Homeowners Association Information
HOA Type: None
-
School Information
Elementary School: James Middle School: Mattei High School: Lovelady Intermediate School: Huddleston School District: Princeton ISD -
Utility Information
Utilities: Co-op Water,Electricity Connected,Individual Water Meter,Outside City Limits,Phone Available,Propane,Septic,Sewer Available,Unincorporated
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3305 Sweetwater Road, Princeton, TX, 75407 | $259,000 | -- | -- | -- | 1 Acre(Lot) |
| LOT 32 Harvest Way, Princeton, TX, 75407 | $249,000 | -- | -- | -- | 1.04 Acres(Lot) |
| 3400 Majestic Way, Princeton, TX, 75407 | $269,000 | -- | -- | -- | 1.20 Acres(Lot) |
| 6104 Pinnacle Street, Princeton, TX, 75407 | $299,000 | -- | -- | -- | 1.05 Acres(Lot) |
| 3501 Sweetwater Drive, Princeton, TX, 75407 | $249,000 | -- | -- | -- | 1 Acre(Lot) |
| 3414 Harvest Way, Princeton, TX, 75407 | $319,000 | -- | -- | -- | 2.59 Acres(Lot) |
| 11193 Dakota Trail Trl, Princeton, TX, 75407 | $1,023,750 | -- | -- | -- | 13.65 Acres(Lot) |
| 11193 Cr-496, Princeton, TX, 75407 | $1,023,750 | -- | -- | -- | 13.65 Acres(Lot) |
| 0004 County Road 496, Princeton, TX, 75407 | $278,750 | -- | -- | -- | 2.23 Acres(Lot) |
| 0003 County Road 496, Princeton, TX, 75407 | $182,500 | -- | -- | -- | 1.46 Acres(Lot) |
Similar Land To 4647 Fm 982
Nearby For Sale
Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
ByOwner last updated this listing 06/07/2026 @ 06:51
More Cities with for Sale by Owner Homes
- Princeton Homes For Sale By Owner
- Lowry Crossing Homes For Sale By Owner
- Farmersville Homes For Sale By Owner
- Melissa Homes For Sale By Owner
- Allen Homes For Sale By Owner
- Josephine Homes For Sale By Owner
- Nevada Homes For Sale By Owner
- Wylie Homes For Sale By Owner
- Blue Ridge Homes For Sale By Owner
- Lavon Homes For Sale By Owner
- Lucas Homes For Sale By Owner
- McKinney Homes For Sale By Owner
- Anna Homes For Sale By Owner
- Murphy Homes For Sale By Owner
- Sachse Homes For Sale By Owner
- Fate Homes For Sale By Owner
- Weston Homes For Sale By Owner
- Plano Homes For Sale By Owner
- Caddo Mills Homes For Sale By Owner
- Royse City Homes For Sale By Owner
Homes around $2,495,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.