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$1,925,000
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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 septic This 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.
Full Property Details
Full Property Details for 7450 Fm 982
General
- Price: $1,925,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21167171
- Updated: 1/31/2026
- Added to Site: 33 day(s) ago
Exterior
- Exterior Features: Courtyard, Garden, Storage
- Porch/Patio/Deck: Covered
Location
- County: Collin
- Subdivision: A1049
- Driving Directions: South on 982 just past the Tillage Farms development on the west side of the road.
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Godwin
- Middle School: Clark
- High School: Princeton
Utilities
- Sewer: Aerobic Septic
- Water: Community/Coop
- Utility Description: Electricity Connected, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Cattle, Commercial, Grazing, Horses, Other, Pasture, Ranch, Residential, Recreational, Single Family
Additional Structures
- Other Structures: Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 11.19
- Lot Size (Sq. Ft.): 487,436.4
- Frontage: Farm to Market Road, Gravel
- Lot Features: Acreage, Agricultural, Pasture
- Potential Use: Agricultural, Cattle, Commercial, Development, Grazing, Horses, Investment, Mixed Use, Pasture, Ranch, Residential, Recreational
- Zoning: NA
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn
Disclosures and Reports
- Documents Avail.: Aerial, Engineering Report, Other, Survey
- Property ID: 1195414
Listed by Angel Realtors, Carrie Sieger
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Price & Sales History for 7450 Fm 982
Date
Details
Price
Change
Source
1/31/2026
Listed
$1,925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7450 Fm 982
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,281
-6%
$1,359,148
-9%
2023
$23,694
80%
$1,499,630
-6%
2022
$13,200
—
$1,592,279
46%
2022
$13,200
6%
$1,090,456
45%
2021
$12,408
7%
$752,506
3%
2020
$11,577
-2%
$732,212
13%
2019
$11,788
3%
$646,098
6%
2018
$11,449
13%
$608,337
14%
2017
$10,111
22%
$534,395
23%
2016
$8,296
6%
$434,454
7%
2015
$7,820
10%
$405,840
11%
2014
$7,091
16%
$366,091
10%
2013
$6,094
—
$332,810
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7450 Fm 982
7450 Fm 982, Princeton, TX 75407 (MLS# 21167171) is a Lots/Land property with a lot size of 11.19 acres. 7450 Fm 982 is currently listed for $1,925,000 and was received on January 31, 2026. Want to learn more about 7450 Fm 982? Do you have questions about finding other Lots/Land real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

