7538 FM 982, Princeton, TX 75407
OFF MARKET

$58,428

Tax assessed value
  • 3 Beds
  • 2 Baths
  • 2,241 sqft (on 3.87 acres)

7538 FM 982, Princeton, TX 75407

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
101 County Road 1010, Princeton, TX
0.41
Single-Family Home
-
07/07/26
3
2
1,860
203 County Road 1010, Princeton, TX
0.41
Single-Family Home
-
02/20/26
3
2
1,432
7001 Cottonseed Dr, Princeton, TX
0.24
Single-Family Home
-
03/23/26
3
2.5
1,916
218 Redwood Rd, Princeton, TX
0.24
Single-Family Home
-
03/13/26
3
2.5
1,916
7017 Moonflower Ln, Princeton, TX
0.24
Single-Family Home
-
02/24/26
3
2.5
1,916
7011 Cottonseed Dr, Princeton, TX
0.24
Single-Family Home
-
03/23/26
3
2.5
1,916
208 Redwood Rd, Princeton, TX
0.24
Single-Family Home
-
03/26/26
3
2.5
1,916
211 Arbor Dr, Princeton, TX
0.24
Single-Family Home
-
06/04/26
3
2.5
1,895
201 Arbor Dr, Princeton, TX
0.24
Single-Family Home
-
04/17/26
3
2.5
1,895
7009 Cottonseed Dr, Princeton, TX
0.24
Single-Family Home
-
06/05/26
3
2.5
1,895

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7450 FM 982, Princeton, TX 75407
0.12
$825,000
3
2
2,548
For Sale
213 Clematis St, Princeton, TX 75407
0.16
$202,800
3
2.5
1,382
Off Market
313 Clematis St, Princeton, TX 75407
0.18
$181,400
2
2.5
1,101
Off Market
7400 FM 982, Princeton, TX 75407
0.17
$331,500
2
2
1,117
Off Market
216 Redwood Rd, Princeton, TX 75407
0.19
$263,000
4
2.5
2,054
Off Market
210 Redwood Rd, Princeton, TX 75407
0.21
$255,500
3
2.5
1,895
Off Market
111 Redwood Rd, Princeton, TX 75407
0.20
$224,100
4
2.5
1,648
Off Market
117 Redwood Rd, Princeton, TX 75407
0.20
-
2
2.5
1,101
Recently Sold
118 Redwood Rd, Princeton, TX 75407
0.21
$252,000
3
2.5
1,895
Off Market
116 Redwood Rd, Princeton, TX 75407
0.21
$258,900
3
2.5
1,916
Off Market
7011 Vining Dr, Princeton, TX 75407
0.26
$242,100
3
2.5
1,895
Off Market

Local Information

  • Map ViewExplore the area around 7538 FM 982.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1984
3.87 acre lot
2,241 sqft
2 Car Garage

About this House

Escape the city and embrace the serene country life or use as a rental. The home also has separate utility, hobby room and a solarium room. With hardwood floors and wood like planks throughout. The spacious garage will keep you protected from the elements and you have additional covered parking w enough room for all.
Nestled on 3.87 acres frontage on FM 982 and Corps property with access to Lake Lavon, the property features horse-ready facilities, pecan trees as well as plenty of room for all your recreational vehicles and space for your horses.
Near the tip of the Peninsula, property is less than 5 min drive to Clear Lake Park and two boat ramps for the fisherman.
Hundreds of new homes on the peninsula but very few businesses. This would be the perfect location for horse boarding, boat and RV storage or small business park for all the self employed in the area.
Princeton is growing w easy commutes to Plano Allen and McKinney. Don't miss out of this fantastic opportunity
7538 FM 982, Princeton, TX 75407 is a 3 bedroom, 2 bathroom, 2,241 sqft single-family home built in 1984. It last sold for the $450,000 asking price on Dec 18, 2023. More recently, it was listed as a rental in May 2026 with an asking price of $2,600 per month. That rental listing was removed on July 9, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,497/month.
Last check for updates: about 11 hours ago
Listed by Steven Mckimmey 0747328, (469) 799-1772 x4697991772
Ebby Halliday Realtors, (972) 335-6564
Bought with: Fariba Zakeri, Keller Williams Realty DPR, (972) 732-6000
Source: NTREIS, MLS#20417021

Home Details for 7538 FM 982

Interior Features

Interior Details
Number of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Breakfast Room Nook, Dining Room, Full Bath, Kitchen, Living Room, Mud Room, Sunroom, Utility Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2241 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Available, Propane, Septic Available, Separate Meters, Water AvailableAppliances: Dishwasher, Electric Range, Electric Water Heater, Gas Water Heater, RefrigeratorDishwasherLaundry: Washer Hookup,Electric Dryer Hookup,Laundry in Utility RoomRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Electric,Wall Unit(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Window CoveringsFlooring: Hardwood, Linoleum, Simulated Wood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: Grip-Accessible FeaturesFloors: Hardwood, Linoleum, Simulated Wood
Security
Security: Security System

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: CoveredFencing: Barbed Wire, Back Yard, Front Yard, Gate, WoodVegetation: Brush, Grassed, Partially WoodedOther Structures: Guest House, Stable(s), Shed(s), Storage, Barn(s)Exterior: Rain Gutters, StorageFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 2Number of Covered Spaces: 4Has a CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Additional Parking,Asphalt,Circular Driveway,Common,Carport,Door-Single,Electric Gate,Kitchen Level,Lighted,Private,Garage Faces Rear,RV Access/Parking,Shared Driveway
Pool
Pool: None
Frontage
Waterfront: Lake FrontRoad Frontage: Easement, Farm to Market RoadRoad Surface Type: Dirt, Asphalt, GravelNot on Waterfront
Water & Sewer
Sewer: Septic TankWater Body: Lavon
Farm & Range
Horse Amenities: Barn, Hay StorageAllowed to Raise Horses

Days on Market

Cumulative Days on Market: 74

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: ResidentialProperty Subtype: Farm, Single Family ResidenceStructure Type: HouseArchitecture: Ranch,Detached,Farmhouse
Building
Construction Materials: Brick, Wood SidingNot Attached Property
Property Information
Usage of Home: Cattle, Horses, Investment, Other, Ranch, Residential, Single FamilyParcel Number: R704900001501

Price & Status

Price
List Price: $450,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: Princeton
School Information
Elementary School: GodwinElementary School District: Princeton ISDJr High / Middle School: ClarkJr High / Middle School District: Princeton ISDHigh School: PrincetonHigh School District: Princeton ISD

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 3.873 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 20417021Living Area Range Units: Square FeetAttribution Contact: 4697991772, 4697991772Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48085-N-R704900001501-R-N

Price and Tax history

DateEventPrice
Jul 9, 2026
Source: Zillow Rentals
ListingRemoved
$2,600
May 31, 2026
Source: Zillow Rentals
Listed For Rent
$2,600
Mar 20, 2025
Source: Zillow Rentals
ListingRemoved
$2,600
Mar 10, 2025
Source: Zillow Rentals
Listed For Rent
$2,600
Dec 6, 2024
Source: Zillow Rentals
ListingRemoved
$3,000

Market trends in Princeton

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$283K
$9.17KMoM
Sale-to-List Price
98.9%
0.2%MoM
Price per sq ft
$159
$4MoM
Available listings
432
26MoM

Around this home

What Locals Say about Princeton

At least 123 Trulia users voted on each feature.

  • 93 % Say yards are well-kept

  • 86 % Say car is needed

  • 82 % Say kids play outside

  • 80 % Say parking is easy

  • 79 % Say it's dog friendly

  • 76 % Say there's holiday spirit

  • 65 % Say there are sidewalks

  • 64 % Say it's quiet

  • 56 % Say people would walk alone at night

  • 50 % Say neighbors are friendly

  • 49 % Say they plan to stay for at least 5 years

  • 41 % Say streets are well-lit

  • 32 % Say there's wildlife

  • 32 % Say there are community events

  • 28 % Say it's walkable to grocery stores

  • 23 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Cara Thomas
    "My commute to work is less then 5 minutes. Not to bad. "
    0
    Flag
  • 7qnw4xdkrd
    "Great for small families or couples without kids. Our hoa is very focused on kid friendly activities and holiday get togethers. Bluewood street is truly the nicest, most respectful group of people all on one street. Very safe, very friendly and very easy going"
    3
    Flag
  • Michelle Freeman
    "I currently work from home, but daily commuting can be rough due to the drastic influx of new city residents and a lack of infrastructure to support the city’s tremendous growth."
    1
    Flag
  • Trulia User
    "Nice people and safe place to be. I have lived in Princeton for 10+ years and watched it grow. Love living near the water. "
    0
    Flag
  • hdrozo
    "I see a lot of dogs walking around the lakes . It’s nice to see different ones. Princeton at Bridgewater is looking nice. But they should have more lights around the lake just for us women to feel safer when we go out. "
    1
    Flag
  • Terri
    "Community amenities are great. We have a 2 pools, one with a lazy river, sand volleyball, putt putt course, and walking trails. "
    2
    Flag
  • Daisy K.
    "I've lived here for 3 years, and I love that it has that small town friendly feel, but that big town mind your own business feel. It's a really nice and unique mix. "
    15
    Flag
  • Irma V.
    "There is always an accident on 380 you must be very careful. You have to make it a point to leave on time or you will be caught in heavy traffic. "
    2
    Flag
  • Leeann S.
    "I have lived in Princeton for about 2 and half years now. Our neighborhood is nosy at times but mostly hardly any noise. "
    5
    Flag
  • Jordan F.
    "People know people. Very tight knit community that normally has your back when something goes wrong. "
    9
    Flag
  • Dominique L.
    "The school is really good i enjoy my daughter going here. i have not really had any problems in this area."
    4
    Flag
  • Leonarddominique25
    "I've lived here for 5 yrs and the teachers are great. No one has ever broken in to our home and the city is starting to build up. "
    4
    Flag
  • Marlo O.
    "Great schools. Safe neighborhoods. Family environment. Amazing police force. I’ve been here 5 years and I love the place. "
    6
    Flag
  • Tre Hars
    "Small town feel. Great shopping and access to major highways within 15-20 minutes. People are friendly. Princeton is growing, so more people are moving in and more shops and eateries are coming, as well. "
    5
    Flag
  • Tre Hars
    "During high traffic (work commuting) times, it’s Long. Really long depending on where you work. It takes about 15-20 minutes to get to I-75 in McKinney from Princeton. Then factor in any commute that requires travel on I-75. 380 is congested at peak drive times, but I think some of that is due to the major construction work to add medians. Your commute into Dallas or surrounding areas can take as little as 40 minutes, or up to 1.5 hours depending on traffic and whether you’ll drive through peak drive times. "
    4
    Flag
  • Tre Hars
    "Very few sidewalks in residential areas, but I think the city is fixing this. There is a nice (little) park downtown that is easily walkable with stations to clean up after your dog. There is a dog park at the large community park, but you need to drive to get there (no sidewalks on the streets to get there). Once you’re there, the park has walking trails and lots of open park space to enjoy, along with sport fields and courts."
    2
    Flag
  • Khrisie D.
    "There are all walks of lifestyles here. All friendly, kind nature. We are all going through everyday life in general. Even if we have kids or furry kids we all look out for kids riding bikes & the cars passing by. We all look out for each other here, weather there’s a death, new life born, lost pet, someone in need. We r here. "
    4
    Flag
  • Rob
    "it's an okay place to live. Typical bedroom community. Nice park, but downtown is lacking. Very well staffed although modest in size library. "
    1
    Flag
  • Trwalsh63
    "easy to drive on country roads no traffic it's relaxing and pleasant stress free it's so wonderful I'm happy to do it twice a day"
    1
    Flag
  • Dmontoya1226
    "access to major highways, town is growing like the rest of Dallas. will have more retail shops and restaurants with great views of the lake soon"
    1
    Flag
  • Amyraeduncan
    "We have lived in this neighborhood for 10 years and we love it here. The neighbors are friendly and it is a quiet neighborhood. "
    2
    Flag
  • Geraldmatinez
    "I love Princeton is so quiet and a wonderful place to rise your kids!!!All places are close to this town city!!! Definitely I recommended this place to live and have a nice and quality life with your family "
    3
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 7538 FM 982

  • What is the price history for 7538 FM 982?
    7538 FM 982 in Princeton, TX last sold in December 2023.
  • Is Princeton a buyer's or seller's market?
    Princeton is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Princeton?
    The median sale price in Princeton is $283K. That is down $9.17K from the prior month.
  • What do residents say about Princeton?
    Residents describe Princeton, TX as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Princeton, TX.
  • Does 7538 FM 982 have air conditioning?
    Yes, 7538 FM 982 in Princeton, TX has air conditioning.
  • Does 7538 FM 982 have laundry facilities?
    Yes, 7538 FM 982 in Princeton, TX has laundry facilities.

Explore by feature - Pet Friendly

309 pet-friendly rentals in Princeton, TX

Explore by feature - Garage

309 rentals with a garage in Princeton, TX

Explore by feature - Air Conditioning

299 rentals with air conditioning in Princeton, TX

Explore by feature - Pool

151 rentals with a pool in Princeton, TX

Explore by feature - Washer/dryer

303 rentals with a washer/dryer in Princeton, TX

Explore by feature - Outdoor Space

187 rentals with an outdoor space in Princeton, TX

Apartments for Rent

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Off Market Homes Near 7538 FM 982

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