This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/10
$825,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/10
Property Description
JTACR Real Estate Group is pleased to present this cozy, historic home full of character, in the heart of the Princeton peninsula, surrounded by Lake Lavon. The home previously was used 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! The home is perfect for country living, but close enough to be a short drive to the city. The property has additional acreage available which totals just over 11 acres - the entire listing is under MLS# 21167171. Contact our team for additional information!
Full Property Details
Full Property Details for 7450 Fm 982
General
- Price: $825,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21251714
- Updated: 4/27/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: Chandelier, Decorative/Designer Lighting Fixtures
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: In Ground, Pool
Exterior
- Exterior Features: Courtyard, Garden, Storage
- Porch/Patio/Deck: Covered
Parking
- Parking Features: Additional Parking
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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Aerobic Septic
- Water: Community/Coop
- Utility Description: Electricity Connected, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Stories/Levels: 2
- Living Area: 2,548 Sq. Ft.
- Current Bldg. Use: Agricultural, Cattle, Commercial, Grazing, Horses, Other, Pasture, Ranch, Residential, Recreational, Single Family
- Year Built: 1899
Additional Structures
- Other Structures: Outbuilding, Pergola, Storage, Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 3.91
- Lot Size (Sq. Ft.): 170,319.6
- 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
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Documents Avail.: Aerial
- Exclusions: Approximately 6 acres between the house and 982.
- Property ID: 1195414
Listed by Angel Realtors, Carrie Sieger
Get Pre-Approved Today
Price & Sales History for 7450 Fm 982
Date
Details
Price
Change
Source
4/27/2026
Listed
$825,000
—
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
2025
$19,541
-18%
$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# 21251714) is a Single Family property with 3 bedrooms and 2 full bathrooms. 7450 Fm 982 is currently listed for $825,000 and was received on April 27, 2026. Want to learn more about 7450 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.

