5551 Fm 982, Princeton, TX 75407

Princeton
Local realty services provided by:ERA Newlin & Company
5551 Fm 982,Princeton, TX 75407
$2,495,000
Virtual Tour
  • 3.04 Acres
  • Lots / Land
  • Active
Listed by: david gloria
Office: ebby halliday, realtors
MLS#:21271034
Source:GDAR

Price summary

  • Price:$2,495,000

About this home

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.

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Home facts

  • Year built:1965
  • Subdivision & Development:SD Terry Surv Abs #890
  • Listing ID #:21271034
  • Added:90 day(s) ago
  • Updated:August 17, 2026 at 11:58 AM

Structure and exterior

  • Year built:1965
  • Lot area:3.04 Acres
  • Lot Features:Acreage, Corner Lot

Schools

  • High school:Lovelady
  • Middle school:Mattei
  • Elementary school:James

Finances and disclosures

  • Price:$2,495,000
  • Tax amount:$12,046
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated August 17, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.

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