Listing provided courtesy of Ebby Halliday, Realtors- MLS# 21179493MLS ProviderContact Information: David Gloria - 214-509-0808

4647 Fm 982Princeton, TX 75407

Vacant Land · 7.66 Acres
$2,495,000 Active

4647 Fm 982 Overview

Visits:
15

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 left 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.

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4647 Fm 982 Facts & Features

  • Type Vacant Land
  • Lot 7.66 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Princeton ISD
  • Elementary School: James
  • Middle Or Junior School: Mattei,Huddleston
  • High School: Lovelady,Princeton

Building Information

  • Year Built: 1960

Business Information

  • Current Use: Agricultural,Residential,Single Family

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: PRINCETON
  • Subdivision Name: SD Terry Surv Abs #890

Tax Information

  • Tax Annual Amount: 3834.0

General Information

  • Exclusions: All personal property
  • Listing Terms: Cash,Conventional,1031 Exchange,Owner May Carry,Other
  • Parcel Number: R689000413101
  • Possible Use: Agricultural,Commercial,Development,Industrial,Investment,Mixed Use,Place of Worship
  • Property Sub Type: Improved Land
  • Property Type: Land

Interior

General Information

    Exterior

    Lot Information

    • Lot Features: Acreage,Agricultural,Cleared,Backs to Greenbelt/Park,Irregular Lot,Few Trees
    • Lot Size Acres: 7.66
    • Lot Size Area: 7.66
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 333669.6
    • Lot Size Units: Acres
    • Vegetation: Partially Wooded
    • Water Source: Community/Coop

    Waterfront/View

    • Waterfront Features: Lake Front
    • Waterfront: Yes

    General Information

    • Fencing: Fenced,Gate
    • Sewer: Septic Tank
    • Utilities: Electricity Connected,Propane,Phone Available,Sewer Available,Septic Available,Separate Meters,Water Available

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    4647 Fm 982 Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    4647 Fm 982 Market Data

    Based on the last 30 days in this zip code

    $338,305
    Average List Price
    $172
    Average Price per Square Foot
    104
    Properties Sold
    168
    Average Days on Market
    1,024
    Properties for Sale
    Calculations provided by Reliance Network


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