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$2,495,000
16 Days On Site

5551 Fm 982
Princeton, TX 75407

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
1965
Built
Subdivision:
SD Terry Surv Abs #890
County:
Collin
Call Now: (817) 765-6730
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(817) 765-6730
5551 Fm 9825551 Fm 9825551 Fm 9825551 Fm 982
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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.

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Listing Snapshot
Price 
$2,495,000
Days On Site 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.04 Acres
Year Built 
1965
MLS® Number 
21271034
Status 
Active
Property Tax 
$12,046
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
3.04
Additional Property Use 
Vacant
Property Sub Type 
Unimproved Land
Special Circumstances 
Standard
Utilities 
Electricity AvailableSewer Available
Zoning 
Unzoned. In the county
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Exterior Features
Frontage 
753
Lot Features 
Corner Lot
Road Frontage 
County Road
Community Features
Financing Terms Available 
1031 ExchangeCashConventionalLease OptionOwner Will Carry
Roads 
Asphalt
School District 
Princeton ISD
Schools
School District
Princeton ISD
Elementary School
James
Middle School
Mattei
High School
Lovelady
Listing courtesy of David Gloria of Ebby Halliday, Realtors davidgloria@ebby.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-06-04 10:11 AM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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