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125 DAYSLAND · SD TERRY SURV ABS #890

$2,495,000

4647 Fm 982, Princeton, TX 75407
0 BD · 0 BA · 0 SQFT · BUILT 1960

SD Terry Surv Abs #890, Princeton — 125 days on the market.

Magnificent incredible property that backs up to the Corps of Engineers land overlooking Lake Lavon. ±7.66 acres with a main house that is very nicely finished out. Property is currently used as residential but has tremendous commercial or development potential. The property is in the county and removed from the ETJ, however if a developer decides to bring in sewer from one of the nearby developments, then it would need to annex into the city. This is the last property on the left when leaving the peninsula. It would be ideal for a retail center or a mixed use type development. Perhaps homes, townhomes or apartments overlooking the lake in back. It is truly a unique offering and rare opportunity. Just minutes to major shopping in Allen and McKinney. About 20 minutes to Hwy 75 or about 10 minutes to 380 in Princeton. Walmart is about 10 minutes away in Lucas. Buyer to verify all information.

01 — THE NUMBERS
DAYS ON MARKET
125
$ / SQFT
$Infinity
PROPERTY TYPE
Land
YEAR BUILT
1960
STATUS
Active
LISTED
MAR 5
LOT
7.66 AC
02 — KNOW THE CITY
PrincetonFULL CITY REPORT →
THIS HOME VS CITY MEDIAN ($320K · EDITORIAL EST.)
+680% VS MEDIANPRINCETON ISD · COLLIN COUNTY · 42 MIN TO DT DALLAS
LISTING COURTESY OF EBBY HALLIDAY, REALTORSMLS# 21179493 · NTREIS
LAST UPDATED JUN 18, 2026, 4:28 PM CT · NTREIS IDX · LISTING INFORMATION PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. (NTREIS). INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED. DATA MAY NOT REFLECT ALL REAL ESTATE ACTIVITY IN THE MARKET. COPYRIGHT NTREIS. ALL RIGHTS RESERVED.
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