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$2,300,000

TBD Fm 982, Princeton, TX, 75407

On MarketInfo
Just AddedInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Lots of frontage on a main busy street - great for a business 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) at the property. This could allow for high density and multi-story development. This area is located in the county not city or ETJ. 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. Situated in the heart of Princeton. Experience the best of small-town living without sacrificing proximity to essential amenities. No known restrictions. 3 parcels sold together. Owner financing is a possibility.

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,800 /month
Positive
Cash Flow Estimate:
$4,600 /month

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Stephen Eaton

Eaton Real Estate Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Princeton

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TBD Fm 982 | Property Details | No Agent List