5551 Fm 982
Princeton, Texas 75407
3.04Acres(Lot)
Tremendous development opportunity or 1031 candidate. This 3 acre hard corner is right in the middle of the growth in the area. Ideal location for a retail development. This area is in great need of retail from coffee shops to clothing. 3 acres is the right size for a shopping center. However, there are no known restrictions on the property, so it could be developed into anything as it is in the county. If you need sewer, then you would need to annex into the city. Sewer is all around this property. The old structures on the property have been removed, so now it's just land. Seller financing is available.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Utilities
All Weather Road,Asphalt,Co-op Water,Electricity Available,Outside City Limits,Overhead Utilities,Sewer Available
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Building Information
Built Year: 1965
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Lot Information
Lot Size (Acr): 3.0400 Lot Size Units: Acres Lot Size Square Feet: 132,422 Lot Size Source: Assessor Lot Features: Acreage,Corner Lot -
Property Information
Property Type: Land Property Sub Type: Unimproved Land Subdivision: SD Terry Surv Abs #890 City: Princeton State: Texas Directions: Located on the Peninsula in Princeton. From 380, take FM-982 (2nd St) south to the peninsula. Property is on the SE corner of FM-982 and CR-1099 on the left past the Dollar Tree. GPS will get you there. Property Status: Active Property Age: 61
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Listing Price Information
Original List Price: $2,495,000 -
Listing Information
Possession: Negotiable
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Tax Information
Parcel Number: R689000420101 Tax Block: 4 Tax Legal Description: ABS A0890 S D TERRY SURVEY, SHEET 4, TRACT 20 Unexempt Taxes: $12,046
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Homeowners Association Information
HOA Type: None
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School Information
Elementary School: James Middle School: Mattei High School: Lovelady Intermediate School: Huddleston School District: Princeton ISD -
Utility Information
Utilities: All Weather Road,Asphalt,Co-op Water,Electricity Available,Outside City Limits,Overhead Utilities,Sewer Available
How much is this property worth?
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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 5551 Fm 982
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ByOwner last updated this listing 06/08/2026 @ 01:43
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