5551 FM 982
Princeton, TX 75407
$2,495,000
Land · 3.04 ac · $821K/ac
What it costs to own
Taxes shown reflect the current owner's exemptions and may change after purchase.
About this home
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.
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.
Around this home
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Everyday life
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Listing courtesy of Ebby Halliday, Realtors — David Gloria.
Where it is
Robert & StephenInk Realty GroupWant the full story on this home?
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FM 982
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Listing courtesy of Vanguard Real Estsate Advisors
Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21271034. Information last updated May 18, 2026.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
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