2472 FM 982 Princeton Texas 75407

Pending

2472 FM 982 Princeton Texas 75407

$9,750,000 - 88± Acres Princeton, Texas 75407
  • Collin County

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.

Key Features

  • Price $9,750,000
  • Property Type Land
  • Acres 88±
  • Utilities City Water,Electricity Available,Electricity Connected
  • City Princeton
  • Status Pending

Improvements

  • Permit internet: 1

Other

  • City: Princeton
  • County: Collin
  • State: Texas
  • Zipcode: 75407
  • Subdivision: Culleoka

Property Map

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

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