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- LoopNet Team
4703 FM 982
Princeton, TX 75407
4 acres on Lake Lavon in Princeton · Land For Sale
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4.00 AC
INVESTMENT HIGHLIGHTS
- This property is ideal for a retail, residential or combo development with lake access.
- The seller may consider subdividing property.
- It might be possible to tie into the MUD in the nearby development for a fee as other developments are doing.
- Additional acreage available.
PROPERTY FACTS
DESCRIPTION
4 +- acres adjacent to Corps land overlooking Lake Lavon on the peninsula. This property is ideal for a retail, residential or combo development with lake access. 4-plexes might be a good fit for this property that abuts the Corps land and lake. There are thousands of new homes being built in the immediate area as well as a planned 405 unit apartment project about 1900 feet to the south. It might be possible to tie into the MUD in the nearby development for a fee as other developments are doing. This could allow for high density and multi-story development overlooking the lake. This area is located in the county not city or ETJ. This area is HOT. Seller may consider subdividing and additional acreage available.
PROPERTY TAXES
| Parcel Number | R-6890-004-131R-1 | Improvements Assessment | $0 |
| Land Assessment | $1,422 | Total Assessment | $1,422 |
PROPERTY TAXES
