2472 FM 982, Princeton, TX

Others for Sale - $9,750,000 - 87 acres


Agent Info

Clayton Pilgrim
CENTURY 21 Harvey Properties

Property Info

CIMLS#1152995
Location
  2472 FM 982
  Princeton TX 75407
UpdatedDecember 28th, 2023
TypeOthers
Price$9,750,000
Land87 acres

Property 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.


Financials



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