2472 FM 982
Princeton, Texas 75407, United States

MLS#: 20498370

$9,750,000 USD

The details

Property features

Date Updated: Nov 10, 2024

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.

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Location

2472 FM 982, Princeton, Texas 75407, United States
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