5551 Fm 982

Princeton, TX 75407
$2,495,000
3.04 acres

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.

Property Type: Land - Unimproved Land
MLS Status: Active
MLS: 21271034
Year Built:
County: Collin
Tract or Division: SD Terry Surv Abs #890
List Date: 05/18/2026
Area:
Square Feet:
Total Beds:
Full Baths:
Half Baths:
Acres: 3.04
Lot Size (sqft): 132,422

800.451.8055

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Interior Features

 
Virtual Tour:

Exterior Features

 
Lot Description:
  • Acreage
  • CornerLot

Utilities

 
Utilities:
  • ElectricityAvailable
  • OverheadUtilities
  • SewerAvailable
  • WaterAvailable

Additional Property Details

 
Listing Agent: David Gloria
Broker: Ebby Halliday, Realtors
Listed by: David Gloria, Ebby Halliday, Realtors
Phone: 214.509.0808

Location

Schools

School Name Grades Admission
James A. Godwin Elementary School PK - 5 Regular
Clark Middle School 6 - 8 Regular
Princeton High School 9 - 12 Regular
3 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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