7450 FM 982 Princeton, TX 75407

Previous Listing Price: $1,925,000

About this home

Property Overview

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 site plans for proposed flex use at the front of the property; and has also 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.