Active
4647 Fm 982
Princeton, TX 75407 · SD Terry Surv Abs #890
$2,495,000
Beds
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Baths
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Sq Ft
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Year
1960
About this property
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.
Quick facts
Property Type
Land
Property Sub Type
ImprovedLand
Lot Size
7.66 acres
Stories
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Garage Spaces
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Pool
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County
Collin
School District
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Listing timeline
Listed
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Last Status Change
Feb 13, 2026
Last Price Change
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Location
