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Land for sale at 5551 Fm 982, Princeton, TX 75407 | MLS# 21271034 | Listing updated on 2026-05-18
Photo 1 of Land for sale at 5551 Fm 982, Princeton, TX 75407 | MLS# 21271034 | Listing updated on 2026-05-18
Photo 2 of Land for sale at 5551 Fm 982, Princeton, TX 75407 | MLS# 21271034 | Listing updated on 2026-05-18
Photo 3 of Land for sale at 5551 Fm 982, Princeton, TX 75407 | MLS# 21271034 | Listing updated on 2026-05-18
Photo 4 of Land for sale at 5551 Fm 982, Princeton, TX 75407 | MLS# 21271034 | Listing updated on 2026-05-18
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$2,495,000

Monthly Est:$12,419

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon3.04acres lot

5551 Fm 982, Princeton, TX 75407

$12,419/moEst:

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  • Unimproved Land

  • Built in 1965

  • $-- HOA

  • 3.04 acres lot

  • $820,724/acre

Description

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.

  • Houzeo last checked: 49 minutes ago
  • Listing updated: May 18, 2026 at 10:11 pm
  • Listing Provided by: David Gloria | Ebby Halliday, Realtors (214) 509-0808
  • Source: NTREIS MLS-TX | MLS#: 21271034 NTREIS MLS-TX

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Collin County

  • City

    Princeton

  • Neighborhood

    --

  • Year Built

    1965

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    3.04 acres lot

  • Basement Area

    - sqft

  • MLS Name

    NTREIS MLS

  • MLS Number

    21271034

  • MLS Status

    Active

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Utilities & Energy

  • Water Source

    Community Coop

  • Utilities

    Electricity Available, Overhead Utilities, Sewer Available, Water Available

Other Features

  • Lot Features

    Acreage, Corner Lot

  • Disclosures

    Municipal Utility District Disclosure

  • Subdivision Name

    Sd Terry Surv Abs #890

Price History

DateEventPrice

05/18/2026

Source: #21271034

Listed for Sale

$2,495,000 +185.14%

$0/sqft

10/03/2024

Source: mls_logoNTREIS MLS-TX #20690414

Sold

$875,000

$0/sqft

Find Homes by Property Features in Princeton, TX

Based on information from the North Texas Real Estate Information Systems, Inc., through Sep 21, 2026, 05:00PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

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