$2,295,000
0000 Fm 982 · Princeton, TX, 75407
About this home
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 right 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 minutes to 380 in Princeton. Walmart is about 10 minutes away in Lucas. Buyer to verify all information.
Details
Ask the House
Ask anything about this home — I answer from its MLS record and the FEMA flood map. Anything not on file, I hand to Sherry.
Answers come from this listing's MLS data and public flood maps — not a guess. For anything not on file, Sherry confirms it for you. AI answers should always be double-checked before you rely on them.
More of Sherry's listings
Listing courtesy of Ebby Halliday, Realtors. Listing data provided by the participating MLS via Trestle (CoreLogic). Information deemed reliable but not guaranteed.