$203,000
PENDING

851 Fm 982 Princeton, TX 75407

Estimated payment $1,202/month

Total Views 108
3 Beds
1 Bath
1,052 Sq Ft
$193 Price per Sq Ft

Highlights

  • 0.32 Acre Lot
  • 1 Attached Carport Space
  • Central Heating and Cooling System
  • 1-Story Property
  • Outdoor Storage
  • High Speed Internet

About This Home

Investor Special or DIY Opportunity! This 3-bedroom, 1-bath home is full of potential and ready for your vision. Located just outside the city limits of Princeton—the fastest-growing city in the U.S.—you'll enjoy a prime location with no city taxes. While the home needs updating and new appliances, major improvements have already been made including a new roof installed in 2020 and recently updated plumbing. Whether you're looking to renovate and resell or create your dream home, this property is a great opportunity in a rapidly growing area.

Listing Agent

Kim Lewison

Fathom Realty Brokerage Phone: 888-455-6040 License #0537260 Listed on: 06/05/2025

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Few Trees

Parking

  • 1 Attached Carport Space

Home Design

  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1,052 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Godwin Elementary School
  • Lovelady High School

Utilities

  • Central Heating and Cooling System
  • Wall Furnace
  • Propane
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • Hardin Wright Survey Subdivision

Listing and Financial Details

  • Assessor Parcel Number R695700723401
  • Tax Block 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1970

Lot Details

0

Listing Details

  • OWNERNAME: On Record
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: One
  • Attribution Contact: 888-455-6040
  • Co List Office Mls Id: FATH01
  • Structure Type: House
  • Special Features: None

Interior Features

  • Square Footage: 1052.0
  • Interior Amenities: High Speed Internet, Cable TV
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Fencing: None
  • Construction Materials: Wood Siding
  • Exterior Features: Storage
  • Pool Features: None
  • RoadFrontageType: All Weather Road

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 1.0
  • Total Covered Spaces: 1.0
  • Parking Features: Attached Carport
  • GarageYN: No

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Heating: Central, Electric, Wall Furnace
  • Utilities: Propane, Sewer Available, Septic Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Godwin
  • High School: Lovelady
  • Junior High Dist: Princeton ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.32
  • Parcel Number: R695700723401
  • Lot Size Acres: 0.32
  • Lot Size Sq Ft: 13939.2

Building Info

  • Year Built: 1970

Tax Info

  • TaxBlock: 7
  • Tax Annual Amount: 935.0

MLS Schools

  • MiddleOrJuniorSchool: Clark

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2023 $11 $57,208 $36,823 $54,645
2022 $872 $52,007 $22,414 $48,941
2021 $808 $53,978 $10,246 $43,732
2020 $784 $54,210 $10,246 $43,964
2019 $735 $39,074 $10,246 $44,472
2018 $672 $35,522 $10,246 $35,678
2017 $611 $33,406 $5,764 $27,642
2016 $561 $29,357 $5,764 $23,593
2015 $28 $28,383 $5,764 $22,619
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $203,000 -- $193 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fnc Title Services Llc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 Reverse Mortgage Home Equity Conversion Mortgage
Closed $0 Unknown
Closed $105,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Similar Homes in Princeton, TX

  • 6303 Kingfisher Way, Princeton, TX 75407

    $249,000

    • 3 Beds
    • 2.5 Baths
    • 1,250 Sq Ft
    • 6303 Kingfisher Way
    • Princeton, TX

    Investor special. This 2025-built single-family home is leased at $1,850 per month through May 31, 2026, offering immediate cash flow. Located near the lake in the highly rated Princeton ISD (A rating, 93 out of 100 on TXSchools.gov), the home features an open layout with a spacious family room, powder bath, dining area, and kitchen downstairs. Upstairs includes 3 bedrooms, 2 full baths, and a

    Sebastian Abraham All City Real Estate, Ltd. Co.

    Section Image
  • 301 Dogwood Ave, Princeton, TX 75407

    $220,000

    • 3 Beds
    • 2 Baths
    • 1,289 Sq Ft
    • 301 Dogwood Ave
    • Princeton, TX

    Nestled in the heart of one of the nation's fastest-growing cities, this charming older frame home offers a unique blend of character, history, and opportunity. With classic architectural details and a welcoming front porch, this home exudes warmth and nostalgia. Its solid frame construction provides a sturdy foundation, to enhance its timeless appeal. Situated in a rapidly expanding community,

    Debbie Hernandez Vickies Real Estate Group, Inc

    Section Image
  • 413 N 2nd St, Princeton, TX 75407

    $229,900

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • 413 N 2nd St
    • Princeton, TX

    ‘SELL THIS HOME’, The location of this newly renovated home is fantastic, as it is so close to the center of Princeton and convenient to Princeton ISD schools. The back yard is ample with room for roaming, gardening or adding a future pool or workshop. The location will grab your attention. However, the modern updates, including luxury vinyl plank flooring, granite counter tops, and black and

    Travis Hunt Texan Team

    Section Image
  • 1101 Mckinney Ave, Princeton, TX 75407

    $229,900

    • 3 Beds
    • 2 Baths
    • 1,053 Sq Ft
    • 1101 Mckinney Ave
    • Princeton, TX

    Charming and affordable, this 3-bedroom, 2-bath home in the heart of Princeton is perfect for first-time buyers or investors looking to grow their portfolio. The open-concept layout features a spacious living and dining area, a functional kitchen with ample cabinet space, and a split-bedroom design for added privacy. The primary suite includes its own private bath. Out back, enjoy the peaceful

    Clay Cecil Epique Realty LLC

    Section Image
  • 921 Parkplace Ridge, Princeton, TX 75407

    $240,000

    • 3 Beds
    • 2.5 Baths
    • 1,445 Sq Ft
    • 921 Parkplace Ridge
    • Princeton, TX

    Welcome to this wonderful half duplex investment opportunity! Home features 3 bedrooms, and 2.5 bathrooms. This home is currently leased for $1600 a month until March 2026. NO HOA allows for an investor to maximize his returns! Property management is in place for ease of mind to the next owner if needed! Home features engineered hardwood floors, Newer paint, and a wonderful open floor plan!

    Nabil Ahmed Pointe Real Estate

    Section Image
  • 1101 E College St, Princeton, TX 75407

    $219,000

    • 3 Beds
    • 2.5 Baths
    • 1,422 Sq Ft
    • 1101 E College St
    • Princeton, TX

    Beautifully updated 3 bedroom, 2.1 bathroom half duplex in the heart of Princeton! This spacious home has wood looking tile throughout the main living areas, stainless steel appliances and tons of cabinets and storage. The light flooring really brightens up the space and the tall windows bring in a ton of natural light. The primary bedrooms features an ensuite bathroom and walk-in closet. The

    Bobbie Jo Glover Compass RE Texas, LLC

    Section Image
  • 204 E Willow Ln, Princeton, TX 75407

    $241,900

    • 3 Beds
    • 1.5 Baths
    • 1,066 Sq Ft
    • 204 E Willow Ln
    • Princeton, TX

    Charming Ranch Style home quiet area with access to nearby schools & shopping centers, Playgrounds Park Bike Trails. A Classic Brick exterior, JUST NEWLY PAINTED. 2 Car Garage, and A practical layout WITH bright living spaces. With a spacious front & back yard (fenced ). This Charming home is waiting for you at a hard to find price. The community of Princeton has a Small Town feel and only

    Rebekah Voth eXp Realty LLC

    Section Image
  • 1012 Sugarberry St, Princeton, TX 75407

    $248,387

    • 3 Beds
    • 2 Baths
    • 1,474 Sq Ft
    • 1012 Sugarberry St
    • Princeton, TX

    LENNAR - Cypress Creek - Newlin Floorplan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, which are comfortable spaces

    Jared Turner Turner Mangum LLC

    Section Image
  • 1013 Raintree Rd, Princeton, TX 75407

    $237,424

    • 3 Beds
    • 2 Baths
    • 1,266 Sq Ft
    • 1013 Raintree Rd
    • Princeton, TX

    LENNAR - Cypress Creek - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining, along with access to an outdoor space. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, ideal

    Jared Turner Turner Mangum LLC

    Section Image
See All Homes in Princeton

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20956470

North Texas Real Estate Information Systems (NTREIS)

APN: R-6957-007-2340-1

Texas Collin County Princeton 75407

851 Fm 982, Princeton, TX

This home is located at 851 Fm 982, Princeton, TX 75407 and is currently priced at $203,000, approximately $192 per square foot. This property was built in 1970. 851 Fm 982 is a home located in Collin County with nearby schools including Godwin Elementary School and Princeton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) 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

Nearby Homes
Listing Agent
Kim Lewison
Section Image
Fathom Realty
(469) 290-7714