7450 Fm 982 Princeton, TX 75407
Estimated payment $13,990/month
Highlights
- Horses Allowed On Property
- Covered Patio or Porch
- Pasture
- 11.19 Acre Lot
- Courtyard
- Agricultural
About This Lot
JTACR Real Estate Group is pleased to present this Princeton land opportunity: a 11 acre site which previously operated as a wedding venue with a 2 story single family home, large warehouse, underground pool, out buildings, pavilion, all with a beautiful aesthetic of pasture and partially wooded area. The site is outside of city limits, but in the city of Princeton, the 3rd fastest growing city in the United States!
With over 25,000 single family units completed and proposed, the Princeton market is aggressively growing, and with that, the demand for additional housing solutions, commercial development, and more.
Current ownership has obtained engineering for a 96 site tiny home and RV community and will provide all completed plans and studies for the development. Existing utilities include electricity, water, and on site septic
This opportunity presents investors with a unique opportunity to develop around an already unique venue to either use the venue or demo parts of the existing project and finish the development around those features.
Listing Agent
ANGEL REALTORS Brokerage Phone: 262-812-6420 License #0700761 Listed on: 07/01/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $22,281
Lot Details
- 11.19 Acre Lot
- Zoning described as NA
Schools
- Godwin Elementary School
- Princeton High School
Farming
- Agricultural
- Pasture
Additional Features
- Horses Allowed On Property
- Aerobic Septic System
Listing and Financial Details
- Assessor Parcel Number 1195414
Community Details
Overview
- A1049 Subdivision
Recreation
- Courtyard
- Covered Patio or Porch
- Outdoor Storage
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $22,281 | $1,499,630 | $782,950 | $716,680 |
| 2023 | $22,281 | $1,592,279 | $782,950 | $809,329 |
| 2022 | $13,847 | $825,920 | $391,475 | $698,981 |
| 2021 | $12,821 | $752,506 | $123,035 | $629,471 |
| 2020 | $12,695 | $732,212 | $123,035 | $609,177 |
| 2019 | $12,160 | $646,098 | $123,035 | $590,244 |
| 2018 | $11,510 | $608,337 | $123,035 | $594,789 |
| 2017 | $10,111 | $534,395 | $100,665 | $433,730 |
| 2016 | $8,296 | $434,454 | $100,665 | $333,789 |
| 2015 | $6,804 | $411,022 | $100,665 | $310,357 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $2,226,810 | +68.1% | -- |
| 08/16/2022 08/16/22 | Sold | -- | -- | -- |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | For Sale | $1,325,000 | -- | $520 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Capital Title | |
| Warranty Deed | -- | Nat | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Vendors Lien | -- | Ltic | |
| Warranty Deed | -- | Capital Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $600,000 | Purchase Money Mortgage | |
| Previous Owner | $248,700 | Purchase Money Mortgage | |
| Previous Owner | $253,600 | Fannie Mae Freddie Mac | |
| Closed | $63,400 | No Value Available |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21000730
APN: R-7049-000-0200-1
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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