Sue Milam Reed, Broker Associate

7450 Fm 982 , Princeton, TX 75407

$1,925,000
  • 7450 Fm 982 , Princeton, TX 75407 Main Photo

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Active
LOT SIZE 11.190 acres MLS#21167171
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONA1049 SCHOOLPrinceton ISD

Property Description

JTACR Real Estate Group is pleased to present this Princeton land opportunity: a 11 acre site which previously operated as a wedding venue with a 2 story single family home, large warehouse, underground pool, out buildings, pavilion, all with a beautiful aesthetic of pasture and partially wooded area. The site is outside of city limits, but in the city of Princeton, the 3rd fastest growing city in the United States!With over 25,000 single family units completed and proposed, the Princeton market is aggressively growing, and with that, the demand for additional housing solutions, commercial development, and more.Current ownership has obtained site plans for proposed flex use at the front of the property; and has also obtained engineering for a 96 site tiny home and RV community and will provide all completed plans and studies for the development. Existing utilities include electricity, water, and on site septicThis opportunity presents investors with a unique opportunity to develop around an already unique venue to either use the venue or demo parts of the existing project and finish the development around those features.

7450 Fm 982 | MLS# 21167171

This land located at 7450 Fm 982 , Princeton, TX 75407 is currently listed for sale with an asking price of $1,925,000. The property has approximately 11.19 Acres. Fm 982 is located within the Princeton ISD school district. Search Princeton real estate on suemilamreed.kellyrealtors.com today.

Property Features

Property Type: Land - Residential
Lot Size: 11.19 Acres

Amenities

Courtyard
Covered Patio/Porch
Garden(s)
Stable/Barn
Storage

Feature Descriptions

Days on Site: 33
Horse Amenities: Barn(s), Electric to Barn
Lot: Acreage, Agricultural, Pasture
Parcel#: 1195414
Utilities: Aerobic Septic, Co-op Water, Electricity Connected

Local Schools

Elementary School: Godwin
School District: Princeton ISD

Listed By / Shown By

Listed By

Agency Name: ANGEL REALTORS
Agency Contact: 262-812-6420
Agent Name: Carrie Sieger

agent picture

Shown By

Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors

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Estimated Payment

$ 4,845.67 per month $4,284.22 Principal & Interest $0.00 Property Tax (data not provided by mls) $561.46 Homeowner's Insurance

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