FM 982, Princeton, TX 75407
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Property image
FOR SALE
3D VIEW
12 ACRES

$2,300,000

    FM 982, Princeton, TX 75407

    Est. Mortgage $14,810/mo*
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    Home Highlights

    Lot/Land
    12 acre lot

    Local Information

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

    About this House

    Lots of frontage on a main busy street - FM982 - 2nd Street. Great for a business, offices 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 soon) at the property. This could allow for high density and multi-story development. This area is located 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. No known restrictions. 4 parcels sold together to make up over 12 acres. Owner financing is a possibility.
    Last check for updates: about 12 hours ago
    Listing courtesy of Stephen Eaton 0539000, (409) 766-1111
    Eaton Real Estate Company, 409-766-1111
    Source: NTREIS, MLS#21337500
    Also Listed on NTREIS.

    Home Details for FM 982

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Connected, Sewer Available, Water Available

    Exterior Features

    Frontage
    Not on Waterfront
    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Cumulative Days on Market: 3Days on Market: 49

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: R1243000A00101

    Price & Status

    Price
    List Price: $2,300,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Media

    Location

    Direction & Address
    City: PrincetonCommunity: Wait Estates
    School Information
    Elementary School: GodwinElementary School District: Princeton ISDJr High / Middle School: Clark, HuddlestonJr High / Middle School District: Princeton ISDHigh School: Lovelady, PrincetonHigh School District: Princeton ISD

    Agent Information

    Listing Agent
    Listing ID: 21337500

    HOA

    No HOA

    Lot Information

    Lot Area: 12 Acres

    Offer

    Listing Terms: Cash, Conventional, Owner Will Carry

    Miscellaneous

    Mls Number: 21337500Living Area Range Units: Square FeetAttribution Contact: 409-766-1111

    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. "
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    • 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. "
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    • 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
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    • Dominique L.
      "The school is really good i enjoy my daughter going here. i have not really had any problems in this area."
      4
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    • 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
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    • Marlo O.
      "Great schools. Safe neighborhoods. Family environment. Amazing police force. I’ve been here 5 years and I love the place. "
      6
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    • 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
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    • 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
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    • 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
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    • 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
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    • 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
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    Market trends in Princeton

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

    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
    2472 FM 982, Princeton, TX
    0.24
    Lot/Land
    -
    10/20/25
    -
    -
    10043 County Road 1110, Princeton, TX
    0.57
    Lot/Land
    -
    12/12/25
    -
    -
    Lot 8B Ty Ln, Princeton, TX
    0.59
    Lot/Land
    -
    06/18/26
    -
    -
    3079 FM 982, Princeton, TX
    0.87
    Lot/Land
    -
    05/19/26
    -
    -
    County Road 947, Princeton, TX
    1.10
    Lot/Land
    -
    01/22/26
    -
    -
    2379 County Road 900, Princeton, TX
    1.21
    Lot/Land
    -
    04/23/26
    -
    -
    2397 County Road 900, Princeton, TX
    1.22
    Lot/Land
    -
    04/14/26
    -
    -
    4910-1 FM 546, Princeton, TX
    2.11
    Lot/Land
    -
    12/17/25
    -
    -
    3303 Rooster Ln, Princeton, TX
    2.24
    Lot/Land
    -
    03/09/26
    -
    -
    N 3rd St #3, Princeton, TX
    2.40
    Lot/Land
    -
    12/01/25
    -
    -

    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
    208 Zoysia St, Princeton, TX 75407
    0.10
    $237,500
    3
    2
    1,584
    Off Market
    204 Zoysia St, Princeton, TX 75407
    0.10
    $237,500
    3
    2
    1,584
    Off Market
    204 Ravenna St, Princeton, TX 75407
    0.10
    $192,200
    2
    1
    1,216
    Off Market
    202 Ravenna St, Princeton, TX 75407
    0.10
    $188,000
    3
    2
    1,216
    Off Market
    206 Zoysia St, Princeton, TX 75407
    0.10
    $113,900
    3
    2
    1,584
    Off Market
    218 Ravenna St, Princeton, TX 75407
    0.10
    $123,000
    3
    2
    1,584
    Off Market
    210 Ravenna St, Princeton, TX 75407
    0.10
    $124,200
    3
    2
    1,584
    Off Market
    9053 Leroy Rd, Princeton, TX 75407
    0.10
    $119,300
    2
    1
    814
    Off Market
    209 Zoysia St, Princeton, TX 75407
    0.10
    $252,600
    3
    2
    1,848
    Off Market
    205 Spurgeon St, Princeton, TX 75407
    0.10
    $251,800
    3
    2
    1,296
    Off Market
    206 Sorrell St, Princeton, TX 75407
    0.10
    $124,000
    3
    2
    1,632
    Off Market

    Price and Tax history

    DateEventPrice
    Jul 23, 2026
    Source: NTREIS #21337500
    		Listed For Sale
    $2,300,000

    LGBTQ Local Legal Protections

    Stephen Eaton, Eaton Real Estate Company, 409-766-1111
    Agent Phone: (409) 766-1111
    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.

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    Frequently asked questions about FM 982

    • How big is FM 982?
      FM 982 in Princeton, TX is about 12 acres.
    • What is the price per acre for FM 982?
      FM 982 in Princeton, TX is listed at $2,300,000, or about $190K per acre.
    • 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 homes for sale in Princeton, TX.
    • What are the closest schools to FM 982?
      The closest schools to FM 982 in Princeton, TX are Harper Elementary School (rated 8/10), Mattei Middle (rated 6/10), Princeton High School (rated 5/10).
    FM 982, Princeton, TX 75407 is a lot/land. This property is currently available for sale and was listed by NTREIS on Jul 23, 2026. The MLS # for this home is MLS# 21337500.