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#20966171, Jerla Murdock, Listing office: Coldwell Banker Apex, REALTORS
Property details
About 7400 Fm 982
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!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,117 sqft
Lot size1 Acres
Year built2012
ParkingAdditional Parking, Covered, Detached Carport, Driveway, Garage, Oversized
MLS #20984748
Garage2 spaces
FireplaceStone, Wood Burning
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
- Basement: No
- Flooring Type: Carpet, Concrete, Tile
- Interior: Built-in Features, High Speed Internet, Kitchen Island, Loft, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
- Fireplace: Stone, Wood Burning
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Additional Parking, Covered, Detached Carport, Driveway, Garage, Oversized
- Exterior: Rain Gutters
- Architectural Style: Farmhouse, Modern, Detached
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $335,000
- Price/SqFt: $299
- Annual Tax Amount: $3,060
- Tax Year: 2024
- Lot: Few Trees
- Directions: Going East on 380, Turn right onto FM 982. The destination will be on your right.
- Year Built: 2012
- Living Area: 1,117 SqFt
- Lot Size: 1 Acres
- MLS Number: 20984748
- MLS Name: NTR
- Office Name: Coldwell Banker Apex, REALTORS
- Office Phone: (817) 521-1726
- Listing Agent: Jennifer Long
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last updated on: 7/7/2025, 10:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $359,672 | $3,060 |
| 2023 | $392,181 | $3,877 |
| 2022 | $301,945 | $3,877 |
| 2021 | $244,382 | $3,832 |
| 2020 | $222,368 | $3,832 |
| 2019 | $215,760 | $3,848 |
| 2018 | $204,494 | $3,848 |
| 2017 | $151,392 | $2,864 |
History based on county public records data.
Nearby schools
9
George Bush Elementary School
Public District KG-4
2.6 mi
•2000 Eagle Aerie Ln
7
Davis Intermediate School
Public District 5-6
3.9 mi
•950 Park Blvd
8
Akin Elementary School
Public District KG-4
4.1 mi
•1100 Springwood Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,234. Typical income of Princeton, TX residents is between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
32%
<35k
47%
35k-100k
16%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
9%
Single, with Kids
37%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
48%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Hunting
Monster Trucks
NASCAR
Where do the neighbors shop?
Wal-Mart
Dollar General
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Sonic
What do the neighbors drive?
Ram
Chevrolet
GMC
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7400 Fm 982
The listing price of 7400 Fm 982 property is $335,000.
The property 7400 Fm 982 is a house located in Princeton, Texas, 75407.
Active Listing: 7400 Fm 982 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7400 Fm 982 are: George Bush Elementary School (GreatSchools Rating 9/10), Davis Intermediate School (GreatSchools Rating 7/10), Akin Elementary School (GreatSchools Rating 8/10), McMillan Junior High School (GreatSchools Rating 10/10), Grady Burnett Junior High School (GreatSchools Rating 9/10), Willow Springs Middle School (GreatSchools Rating 8/10), Wylie East High School (GreatSchools Rating 7/10), Achieve Academy (GreatSchools Rating 4/10), Wylie High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $3,060 (source: MLS/based on county public records data).
The property at 7400 Fm 982 has 2 bedrooms and 2 bathrooms.
The property 7400 Fm 982 is 1,117 SqFt (source: MLS/tax record).
The year of construction for 7400 Fm 982 is 2012.
This home is located at 7400 Fm 982 in Princeton, TX and zip code 75407. This 1,117 square foot home, which was built in 2012, sits on a 1.00 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $335,000.
The inventory of homes for sale in Princeton, TX between May and June 2025 increased by 12.6%. The median list price of listings available in June 2025 was $342,745, while the average time on the real estate market was 76 days.
From Rocket Homes Real Estate and based on county public records data.