Welcome to this charming and thoughtfully designed custom modern farmhouse, situated on 1 acre of AG EXEMPT LAND just a few minutes from Lake Lavon. This unique 2 bedroom 2 full bath home includes a versatile loft space that could easily serve as a third bedroom, home office or flex area. Inside, you'll find stained concrete floors throughout the main level. The open-concept kitchen features custom cabinetry, open shelving, granite countertops and a large island with dining space. Each bedroom is located on it's own floor for added privacy. Step outside to a spacious screened-in patio complete with a cozy wood-burning fireplace, perfect for enjoying the outdoors year-round. For hobbyists or anyone in need of serious storage, the oversized, almost 1500 sqft, metal building offers two rolling doors, electricity and endless possibilities for workshop or garage use without sacrificing space. Additional highlights include a brand new roof and gutters just installed last week, new beautiful fencing that is being built by DR Horton community going in next door, a fully paid transferable home warranty through Acclaimed Home Warranty valid until Feb 28, 2026 and close proximity to shopping and recreation-just 3 minutes from Lake Lavon! This property is the perfect blend of modern comfort, rustic and cottage charm, as well as practical functionality. This is a great opportunity to own some land while saving greatly on taxes!
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Price Unknown
7400 Fm 982, Princeton, TX 75407
2beds
1,117sqft
Farm, Single Family Residence
Built in 2012
1 Acres Lot
$337,300 Zestimate®
$--/sqft
$1,493 Estimated rent
Home value
$337,300
Estimated sales range
Not available
$1,493/mo
Zestimate® history
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List your homeWhat's special
Cozy wood-burning fireplaceVersatile loft spaceAg exempt landGranite countertopsSpacious screened-in patioOpen-concept kitchenBeautiful fencing
Zillow last checked:
Listing updated:
Listed by:
Jennifer Long 0738444 8175211726,
Coldwell Banker Apex, REALTORS 972-562-5400
Bought with:
Johanna Graham
Berkshire HathawayHS PenFed TX
Source: NTREIS,MLS#: 20984748
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Dimensions: 19 x 10
Primary bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: Second
- Dimensions: 12 x 10
Bonus room
- Features: Ceiling Fan(s), Fireplace
- Level: First
- Dimensions: 30 x 9
Other
- Level: First
- Dimensions: 9 x 4
Other
- Features: Built-in Features, En Suite Bathroom
- Level: Second
- Dimensions: 11 x 4
Kitchen
- Features: Breakfast Bar, Built-in Features, Kitchen Island, Pantry, Stone Counters
- Level: First
- Dimensions: 15 x 10
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 13 x 12
Loft
- Features: Ceiling Fan(s)
- Level: Second
- Dimensions: 12 x 9
Utility room
- Features: Closet
- Level: First
- Dimensions: 5 x 3
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Microwave
- Laundry: Electric Dryer Hookup, Stacked
Features
- Built-in Features, High Speed Internet, Kitchen Island, Loft, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
- Flooring: Carpet, Concrete, Tile
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Stone, Wood Burning
Interior area
- Total interior livable area: 1,117 sqft
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Covered, Detached Carport, Driveway, Garage, Oversized
- Garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Rain Gutters
- Pool features: None
- Fencing: Brick,Wood
Lot
- Size: 1 Acres
- Features: Acreage, Few Trees
- Residential vegetation: Grassed
Details
- Additional structures: See Remarks, Storage, Workshop
- Parcel number: R704900008901
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse,Modern,Detached
- Property subtype: Farm, Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Year built: 2012
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Septic Available, Water Available
Community & neighborhood
Security
- Security features: Prewired, Security System Leased, Smoke Detector(s)
Location
- Region: Princeton
- Subdivision: A1049
Other
Other facts
- Listing terms: Cash,Conventional,USDA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2025 | Listing removed | $335,000$300/sqft |
Source:  Coldwell Banker Apex, Realtors #20984748 Report a problem | ||
| 8/26/2025 | Listed for sale | $335,000$300/sqft |
Source: Coldwell Banker Apex, Realtors #20984748 Report a problem | ||
| 8/25/2025 | Sold | -- |
Source: NTREIS #20984748 Report a problem | ||
| 8/13/2025 | Pending sale | $335,000$300/sqft |
Source: Coldwell Banker Apex, Realtors #20984748 Report a problem | ||
| 8/13/2025 | Listed for sale | $335,000$300/sqft |
Source: Coldwell Banker Apex, Realtors #20984748 Report a problem | ||
| 7/10/2025 | Pending sale | $335,000$300/sqft |
Source: Coldwell Banker Apex, Realtors #20984748 Report a problem | ||
| 7/10/2025 | Contingent | $335,000$300/sqft |
Source: NTREIS #20984748 Report a problem | ||
| 7/1/2025 | Listed for sale | $335,000+3.1%$300/sqft |
Source: NTREIS #20984748 Report a problem | ||
| 4/30/2021 | Sold | -- |
Source: Ebby Halliday solds #14529376_75407 Report a problem | ||
| 3/31/2021 | Pending sale | $325,000$291/sqft |
Source: NTREIS #14529376 Report a problem | ||
| 3/17/2021 | Listed for sale | $325,000$291/sqft |
Source: NTREIS #14529376 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,870 -41% | $309,067 -14.1% |
| 2024 | $3,170 +3.6% | $359,672 +2% |
| 2023 | $3,061 -21.1% | $352,496 +16.7% |
| 2022 | $3,877 -1.2% | $301,945 +23.6% |
| 2021 | $3,923 +2.4% | $244,382 +3% |
| 2020 | $3,833 -2.6% | $237,284 +2.9% |
| 2019 | $3,937 +2.3% | $230,678 +12.8% |
| 2018 | $3,849 +56.4% | $204,494 +26% |
| 2017 | $2,461 | $162,310 +16.1% |
| 2016 | $2,461 +38.2% | $139,806 +7.6% |
| 2015 | $1,781 | $129,940 +26.3% |
| 2014 | $1,781 | $102,871 +12.9% |
| 2013 | -- | $91,109 |
Find assessor info on the county website
Neighborhood: 75407
Nearby schools
GreatSchools rating
- 5/10MAYFIELD ELGrades: PK-5Distance: 1.1 mi
- 6/10Mattei MiddleGrades: 6-8Distance: 4.2 mi
- 5/10Princeton High SchoolGrades: 9-12Distance: 7.5 mi
Schools provided by the listing agent
- Elementary: Mayfield
- Middle: Clark
- District: Princeton ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$337,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$337,300
- Texas
- Collin County
- Princeton
- 75407
- 7400 Fm 982
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