




$2,300,000
TBD Fm 982, Princeton, TX, 75407
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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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Princeton
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