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$2,300,000
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Property Description
Lots of frontage on a main busy street - FM982 - 2nd Street. Great for a business, offices or flex space. Discover an incredible opportunity in Princeton, Texas named the 3rd fastest growing city in America by the US Census Bureau. This prime 12+ acre property offers endless potential for residential, commercial, retail, or mixed-use development. Easy access to Hwy 380, Hwy 75, and 121. Water, power and city sewer (coming soon) at the property. This could allow for high density and multi-story development. This area is located outside city limits. This area is a very fast growing area. A remarkable piece of land in the thriving community of Princeton, Texas. The perfect combination of tranquility and convenience, setting the stage for your vision to come to life. No known restrictions. 4 parcels sold together to make up over 12 acres. Owner financing is a possibility.
Full Property Details
Full Property Details for Tbd Fm 982
General
- Price: $2,300,000
- Taxes: $2,501
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21337500
- Updated: 7/26/2026
- Added to Site: 16 day(s) ago
Location
- County: Collin
- Subdivision: Wait Estates
- Driving Directions: From 380 turn on S 2nd Street-FM 982, 3.2 miles on right just a few feet past Leroy Road-PVT RD 5173
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Godwin
- Middle School: Clark, Huddleston
- High School: Lovelady, Princeton
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 12
- Lot Size (Sq. Ft.): 522,720
- Lot Size Source: Owner
- Lot Features: Acreage
- Development Status: Other
- Zoning: Outside city limits
Financial Considerations
- Tax Amount: $2,501
- Terms: Cash, Conventional, Owner Will Carry
Disclosures and Reports
- Legal Description: WAIT ESTATES (GCN), BLK A, LOT 1
- Property ID: R1243000A00101
- Block: A
- Lot Number: 1
Listed by Eaton Real Estate Company, Stephen Eaton
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Price & Sales History for Tbd Fm 982
Date
Details
Price
Change
Source
7/22/2026
Listed
$2,300,000
—
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 Tbd Fm 982
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$5,034
—
2023
100%
$5,034
—
2022
100%
$5,034
—
2021
100%
$5,034
—
2020
100%
$5,034
—
2019
-100%
$5,034
—
2019
$92
-3%
$5,034
—
2018
$95
—
$5,034
—
2017
$95
-1%
$5,034
—
2016
$96
-1%
$5,034
—
2015
$97
-1%
$5,034
—
2014
$98
7%
$5,034
—
2013
$92
—
$5,034
—
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 Tbd Fm 982
Tbd Fm 982, Princeton, TX 75407 (MLS# 21337500) is a Lots/Land property with a lot size of 12 acres. Tbd Fm 982 is currently listed for $2,300,000 and was received on July 22, 2026. Want to learn more about Tbd 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.

