FM 981 This property is located in Northeast Collin County with approximately 635 feet of frontage on FM 981 and includes a water meter, incredible views, and frontage on Bear Creek. The property includes three ponds, the largest covers approximately 2.5 acres. Its location and shape make it an excellent investment opportunity for a buy-and-hold strategy, a 1031 exchange, or the perfect acreage for your own working ranch. The property is a short distance from the latest technically preferred alignment route for the Collin County Outer Loop. The land is currently under agricultural use (hay) and has four barns, and an excellent building site on a hill that overlooks Bear Creek and a beautiful horizon in the distance. There are deed restrictions attached to the property but currently no zoning.