Lorilee Litherland - Coldwell Banker Apex Realtors Logo
$2,295,000
( )
 $13,031 est/mo Sourced by Back At You

0000 Fm 982,Princeton, TX 75407

Princeton, TX 75407

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Description

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

MLS #21365280
Listing TypeFor Sale
StyleUnimproved Land
Sub-TypeResale
StatusActive
Year1960
Days On Site81
Listing Provided ByEbby Halliday, Realtors | David Gloria

Features

SQ Feet2,086
Story(s)1
ZoningUn-zoned. In the county, not ETJ
Acreage7.66
Water FrontLake Front - Corps of Engineers

Interior

CoolingCentral Air
HeatingPropane

Exterior

Lot FeaturesAcreage, Adjacent to Greenbelt, Agricultural, Cleared, Few Trees, Irregular Lot, Water/Lake View

Utilities

UtilitiesAerobic Septic, Asphalt, Co-op Water, Electricity Connected, Individual Water Meter, Outside City Limits, Phone Available, Propane, Septic, Sewer Available, Unincorporated

Taxes

Unexempt Taxes3834
Tax Block4
Tax Legal DescriptionABS A0890 S D TERRY SURVEY, SHEET 4, TRACT 13

Area Information

StateTX
CountyCollin
CityPrinceton
Zip Code75407
AreaCollin
Community NameSD Terry Surv Abs #890
Listing VS Median (in SD Terry Surv Abs #890)
Price:
$2,295,000
low | high
Med:
$2,295,000
50% of Average
sqft:
2,086
low | high
Med:
2,086
50% of Average
$ / sqft:
$1,100
low | high
Med:
$1,100
50% of Average
On site:
81
low | high
Med:
81
100% of Average
Sourced by Back At You

Market Activity 75407

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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Learn More About This Property

Lorilee Huston

Lorilee Huston

Coldwell Banker Apex Realtors

566983-SALuxury Property Specialist, ABR, CHMS, CNS, CRS, GRI, SFR, SRES (214) 697-0145lorilee@lorileehuston.com
StateTX
CountyCollin
CityPrinceton
Zip Code75407
AreaCollin
Community NameSD Terry Surv Abs #890
Listing VS Median (in SD Terry Surv Abs #890)
Price:
$2,295,000
low | high
Med:
$2,295,000
50% of Average
sqft:
2,086
low | high
Med:
2,086
50% of Average
$ / sqft:
$1,100
low | high
Med:
$1,100
50% of Average
On site:
81
low | high
Med:
81
100% of Average
Sourced by Back At You
Listing Updated: October 26, 2026 at 4:04:13 PM PDT

Lorilee Litherland - Coldwell Banker Apex Realtors