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5551 Fm 982 , Princeton, TX 75407

$2,495,000
  • 5551 Fm 982 , Princeton, TX 75407 Main Photo

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New to the Market Active
LOT SIZE 3.040 acres MLS#21271034
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONSD Terry Surv Abs #890 SCHOOLPrinceton ISD

Property 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.

5551 Fm 982 | MLS# 21271034

This land located at 5551 Fm 982 , Princeton, TX 75407 is currently listed for sale with an asking price of $2,495,000. The property has approximately 3.04 Acres. Fm 982 is located within the Princeton ISD school district. Search Princeton real estate on baileygonzales.kellyrealtors.com today.

Property Features

Property Type: Land - Residential
Lot Size: 3.04 Acres
Year Built: 1965

Feature Descriptions

Days on Site: 1
Lot: Acreage, Corner Lot
Parcel#: R689000420101
Utilities: All Weather Road, Asphalt, Co-op Water, Electricity Available, Outside City Limits, Overhead Utilities, Sewer Available

Local Schools

Elementary School: James
School District: Princeton ISD

Listed By / Shown By

Listed By

Agency Name: Ebby Halliday, Realtors
Agency Contact: 214-509-0808
Agent Name: David Gloria

agent picture

Shown By

Agent Name: Bailey Gonzales
Agent Phone: (979) 220-6587
Agency Title: Kelly, Realtors

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Estimate Your Payment

Estimated Payment

$ 6,280.50 per month $5,552.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $727.71 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/20/2026. The listing information on this page last changed on 05/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/20/2026 12:27:07 AM EST) or NTREIS (last updated Tue 05/19/2026 11:48:37 PM EST) or SABOR MLS (last updated Tue 05/19/2026 11:52:12 PM EST) or CTXMLS (last updated Tue 05/19/2026 11:34:25 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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