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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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0000 Fm 982 , Princeton, TX 75407
$2,295,000
Est. Payment: $11,815.66/mo
0 Bed
0 Bath
2086 Sqft
Status: active | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Magnificent incredible property that backs up to the Corps of Engineers land overlooking Lake Lavon. ±7.66 acres with a main house that is very nicely finished out. Property is currently used as residential but has tremendous commercial or development potential. The property is in the county and removed from the ETJ, however if a developer decides to bring in sewer from one of the nearby developments, then it would need to annex into the city. This is the last property on the right when leaving the peninsula. It would be ideal for a retail center or a mixed use type development. Perhaps homes, townhomes or apartments overlooking the lake in back. It is truly a unique offering and rare opportunity. Just minutes to major shopping in Allen and McKinney. About 20 minutes to Hwy 75 or about 10 minutes to 380 in Princeton. Walmart is about 10 minutes away in Lucas. Buyer to verify all information.

Highlights

Listed by David Gloria , Ebby Halliday, Realtors , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
7.66

Year Built

1960

County

Collin

Neighborhood

SD Terry Surv Abs #890

Listing ID

21365280

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:Acreage,Adjacent to Greenbelt,Agricultural,Cleared,Few Trees,Irregular Lot,Water/Lake View,5 to < 10 Acres,Lake Front – Corps of Engineers
Zoning:Un-zoned. In the county, not ETJ.
Others:
  • Additional:Preowned
Principal Interest
$11,816
Taxes
$320

Home Price

$2,295,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$459,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,815.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,815.66 $319.50 $0.00 $12,135.16
Yearly $141,787.88 $3,834.00 $0.00 $145,621.88
Total $4,253,636.40 $115,020.00 $0.00 $4,368,656.40

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Princeton, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

© 2026 North Texas Real Estate Information Systems