2472 FM 982, Princeton, TX 75407 - MLS#20498370 - JAMES SHARP

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$9,750,000

Est. payment - /mo

87.84 Acres Lot

Pending

2472 FM 982 Princeton, TX 75407

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JAMES SHARP

[email protected] +1(214) 403-9916

UPDATED:

12/18/2024 09:16 PM

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Pending

Purchase Type For Sale

Subdivision Culleoka

MLS Listing ID 20498370

HOA Y/N None

Lot Size 87.840 Acres

Acres 87.84

Property Description

+- 87.8422 Acre development tract located in Princeton, Texas ETJ. Property is centered in high residential growth area with ample FM 982 frontage. Utilities on site: 10” water main, 3-phase electric and AT&T Fiber present. Property is in Princeton CCN for sewer and is in future plan along FM 982. Princeton has steady growth in DFW Metro area with $85,548 (6.5% growth YTD) household income and a median home price of $225,000 (9.7% Growth YTD). 2-mile radius PUDs have 7,000+ lots in construction (SFR, MF) Future use is development for single family residential, multifamily, or planned development (multi use). 2-mile area has multiple planned developments in area with 7,441 lots either developed and in development. The subject is currently ag exempt and in the Princeton ETJ. Ready for entitlements right for buyer. No known restrictions.

Location

State TX

County Collin

Zoning AG

Direction From Princeton take FM 982 South for 2.5 miles. Property on west side 982 across from Vista RV.

Exterior

Utilities Available City Water, Electricity Available, Electricity Connected

Street Surface Asphalt

Lot Frontage 1180.0

Garage No

Building

Lot Description Acreage, Agricultural, Brush, Cleared, Pasture, Tank/ Pond

Schools

Elementary Schools Harper

Middle Schools Mattei

High Schools Princeton

School District Princeton Isd

Others

Restrictions No Known Restriction(s)

Ownership Montgomery

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Clayton Pilgrim • Century 21 Harvey Properties-P

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JAMES SHARP

AGENT | License ID: 0491432

+1(214) 403-9916

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2472 FM 982 Princeton, TX 75407

JAMES SHARP

Key Details

Location

Exterior

Building

Schools

Others

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2472 FM 982