4703 Fm 982 $2,865,000


    4703 Fm 982 Princeton, TX 75407

    • 12.16 Acres
    • Land
    • MLS# 20076138
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    Property Details

    Description Tours

    12.1 +- acres adjacent to Corps land overlooking Lake Lavon on the peninsula. Offering consists of 3 separate parcels totaling about 12.1 acres. There are 2 rental homes on one of the parcels, however one of them will be removed and retained by the Seller. This property is ideal for a retail, residential or combo development with lake access. There are thousands of new homes being built in the immediate area as well as a planned 405 unit apartment project about 1900 feet to the south. It might be possible to tie into the MUD in the nearby development for a fee as other developments are doing. Doing so could allow for high density and multi-story development overlooking the lake. This area is located in the county not city or ETJ. This area is HOT. Seller may consider subdividing.

    • General Features
      • Association Type None
      • Current Use Agricultural,See Remarks,Other
      • Development Status Unzoned
      • Easements Utilities
      • Exclusions Smaller of the 2 homes.
      • Possession Negotiable
      • Restrictions No Known Restriction(s)
      • Special Listing Conditions Standard
      • Subdivision Name ABS A0890 S D TERRY SURVEY
      • Unexempt Taxes 2992
    • Property Features
      • Lot Features Acreage, Few Trees, Greenbelt, Cedar
      • Lot Size 10 to < 50 Acres
      • Lot Size Acres 12.1630
      • Property Sub Type Unimproved Land
      • Road Frontage Type FM Road
      • Road Surface Type Asphalt
      • Utilities Aerobic Septic, Asphalt, Co-op Water, Electricity Available, Electricity Connected, Outside City Limits, Propane
      • Waterbody Name Lavon
    • Schools
      • School District Princeton ISD


    David Gloria

    David Gloria



    Allen | Fairview | Lucas Office

    Primary: 214-850-8475
    • Prosperity Home Mortgage


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    Jannine Neely Insurance Agent

    Home Team Insurance is an independent agency that operates through a network of offices located throughout the North Texas area. As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more. We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs. As an affiliate of Ebby Halliday, Dave Perry-Miller Real Estate and Williams Trew Real Estate we work hand-in-hand with our real estate, lending, and title partners to obtain the coverage you need when buying a home.

    ©2022 North Texas Real Estate Information Systems, Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, North Texas Real Estate Information Systems, Inc.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.