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Property Description
Welcome to this charming and thoughtfully designed custom modern farmhouse, situated on 1 acre of AG EXEMPT LAND just a few minutes from Lake Lavon. This unique 2 bedroom 2 full bath home includes a versatile loft space that could easily serve as a third bedroom, home office or flex area. Inside, you'll find stained concrete floors throughout the main level. The open-concept kitchen features custom cabinetry, open shelving, granite countertops and a large island with dining space. Each bedroom is located on it's own floor for added privacy. Step outside to a spacious screened-in patio complete with a cozy wood-burning fireplace, perfect for enjoying the outdoors year-round. For hobbyists or anyone in need of serious storage, the oversized, almost 1500 sqft, metal building offers two rolling doors, electricity and endless possibilities for workshop or garage use without sacrificing space. Additional highlights include a brand new roof and gutters just installed last week, new beautiful fencing that is being built by DR Horton community going in next door, a fully paid transferable home warranty through Acclaimed Home Warranty valid until Feb 28, 2026 and close proximity to shopping and recreation-just 3 minutes from Lake Lavon! This property is the perfect blend of modern comfort, rustic and cottage charm, as well as practical functionality. This is a great opportunity to own some land while saving greatly on taxes!
Full Property Details
Full Property Details for 7400 FM982
General
- Taxes: $4,491
- Status: Closed
- Type: Single Family
- Source: NTREIS
- MLS ID: 20984748
- Added to Site: 200 day(s) ago
Interior
- Interior Features: Built-in Features, High Speed Internet, Kitchen Island, Loft, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Stone, Wood Burning
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
- Flooring: Carpet, Concrete, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Stacked
Additional Information
- Security/Safety: Prewired, Security System Leased, Smoke Detector(s)
Exterior
- Exterior Features: Rain Gutters
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Covered, Detached Carport, Driveway, Garage, Oversized
Location
- County: Collin
- Subdivision: A1049
- Driving Directions: Going East on 380, Turn right onto FM 982. The destination will be on your right.
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Mayfield
- Middle School: Clark
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Farmhouse, Modern, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition, Shingle
- Windows: Window Coverings
- Stories/Levels: 2
- Living Area: 1,117 Sq. Ft.
- Year Built: 2012
Additional Structures
- Other Structures: See Remarks, Storage, Workshop
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Features: Acreage, Few Trees
- Trees/Vegetation: Grassed
- Fencing (Description): Brick, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $4,491
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: ABS A1049 THOMAS CHAMBERS SURVEY, TRACT 89, 1
- Exclusions: Stackable washer/dryer and Refrigerator are negotiable. Generator, dog run outside, and all other personal items are excluded.
- Disclosures/Rstr.: Deed Restriction
- Property ID: R704900008901
Listed by Coldwell Banker Apex, REALTORS, Jennifer Long
Sold by Berkshire HathawayHS PenFed TX, Johanna Graham
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Schools
Schools serving 7400 FM982
School District:Princeton Independent School District
| Name | Grades | Distance |
|---|---|---|
Harper Elementary School 8080 County Road 398, Princeton, TX 75407 | PK-5 | 5.6 mi |
Clark Middle 301 Panther Parkway, Princeton, TX 75407 | 6-8 | 7.6 mi |
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
7400 Fm 982, Princeton, TX 75407 (MLS# 20984748) is a Single Family property that was sold on August 25, 2025. Want to learn more about 7400 Fm 982? Do you have questions about finding other Single Family real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

