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4647 Fm 982
Princeton, Tx 75407

Price: $2,495,000
Property Type: lots
MLS #: 21179493
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.
Area: Collin
Bedrooms: None
Bathrooms: None
Acres: 7.66
Virtual Tour: Click here to view

Courtesy: David Gloria • Ebby Halliday, Allen-Fairview •

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This content last refreshed on 06/12/2026 06:15 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.