Property Description
+- 87.8422 Acre development tract located in Princeton, Texas ETJ. 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). 2-mile radius PUDs have 7,000+ lots in construction (SFR, MF).
FACTS
- 87.8422 Acres
- Located 2.3 Miles South of Princeton on FM 982
- Currently owner operated and Ag use
IMPROVEMENTS
- Utilities on site: Electric, 10 Water main and AT&T Fiber
- Fenced and cross fenced for livestock
- 600 Sq foot barn home
- 1,200 Sq foot barn
- 1,131 Sq foot shop
- Gated entry, gravel drive
FUTURE USE
- Future use is development for single family residential, multifamily, or planned development (multi use). 2-mile area has multiple planned developments in area with 7,441 lots either developed and in development. The subject is currently ag exempt and in the Princeton ETJ. Ready for entitlements right for buyer. No known restrictions.
Disclaimer: All information provided herein was acquired from sources deemed reliable and is believed to be accurate. However, we do not warrant its accuracy or completeness and recommend that every item of interest be independently verified by Purchaser.
