87 Acre Prime Development Land In Collin County

$9,750,000

2472 FM 982, Princeton, TX

Status: Under Contract

Property Type

Acreage

Cattle Ranch

Equestrian Property

Home with Acreage

Ranch

Acreage

87.84 acres

County

Collin, TX

Format

Sale

Features

Barn

Development Potential

Electricity

Home

Pond

Work Shop

List Date

Feb 1, 2024

Documents

N/A

Description

87.8422± acre development tract located in Princeton, Texas. Property is centered in high residential growth area with ample FM 982 frontage. Utilities on site: 10" water main, 3-phase electric and AT&T fiber present. Property is in Princeton CCN for sewer and is in future plan along FM 982. Princeton has steady growth in DFW Metro area with $85,548 (6.5% growth YTD) household income and a median home price of $225,000 (9.7% Growth YTD). Two-mile radius PUDs have 7,000+ lots in construction (Sfr, Mf).

Listing Agent