5551 Fm 982, Princeton, Texas

$2,495,000
Active
5551 Fm 982, Princeton, Texas
5551 Fm 982, Princeton, Texas
5551 Fm 982, Princeton, Texas
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Property Details

MLS ID: 21271034
Status: Active
Price: $2,495,000
Acres: 3.04±
Type: Unimproved, Land
Address: 5551 Fm 982
City, State: Princeton, TX
County: Collin County
ZIP Code: 75407
Lat/Long: 33.09782, -96.50023
Parcel Number: R689000420101
Year Built: 1965

Description

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.

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.

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Robert Bong

Robert Bong

Capitol Ranch Real Estate, LLC

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Capitol Ranch Real Estate, LLC
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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: June 15, 2026 at 12:00:00 PM UTC

Listed By: David Gloria of Ebby Halliday, Realtors