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5405 Lavender Drive, Princeton, TX 75407
$314,999 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
2
baths
1,675
sqft
Built in
2021
*INVESTOR OPPORTUNITY*Bridgewater Master-planned Community*Craftsman-style home occupied by tenants signed with a 12-month lease through 03.2025*Quartz countertops*Recessed lighting throughout*Bridgewater community has amenities galore!*Clubhouse*Fitness center*Lazy river*Pools*Volleyball court*Pond for cash & release fishing*Paddleboard lake*Property currently being managed by PMC*Seller has never seen or been to property*Showings restricted until after executed contract*No photos of inside of home*Gross Income $24,000 : Tax Expense $7,000 : Insurance Expense : $1,400 : Capitalization Rate 5.7%
Features & Amenities
Interior
- General:
- Eat-in Kitchen,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
- Appliances:
- Dishwasher,Electric Range,Disposal,Microwave
- Laundry:
- Electric Dryer Hookup,Laundry in Utility Room,Stacked
- Flooring:
- Carpet,Tile
- A/C:
- true, Central Air,Electric,ENERGY STAR Qualified Equipment
- Heating:
- true, Central,Electric,ENERGY STAR Qualified Equipment
- Fireplace:
- Fireplaces: 0
Exterior
- Style:
- Craftsman,Detached
- Pool:
- None
- Parking:
- Concrete,Direct Access,Driveway,Garage Faces Front,Garage,Inside Entrance,Side By Side
Construction
- Roofing:
- Composition,Shingle
- Windows:
- Window Coverings
- General:
- Board & Batten Siding,Brick, 1, Slab
Location
- HOA Amenities:
- Association Management, 500.0, Annually
- Originating MLS:
- NTR
- School District:
- Princeton ISD
- County:
- Collin
Lot
- Zoning:
- BRIDGEWATER PHASE 3B (GCN), BLK R, LOT 9, R1237900R00901
- Fencing:
- Back Yard,Fenced,Wood
Utilities
- Utilities:
- Electricity Connected,Municipal Utilities,Sewer Available,Underground Utilities,Water Available
Financial
- Source:
- NTR
- Exclusions:
- All tenant belongings
This listing courtesy of:
Keller Williams Realty, Karin Nielsen-Kilburn
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Princeton, TX
Housing
- Number of Units
- 8,700
- Median Home Value
- $210,501
- Median Rent
- $1,164
22.72% of housing units are renter occupied.
4.87% are vacant.
Commute
- Car
-
68.39%
- Public Transportation
-
0.06%
- Walk to Work
-
0.38%
- Work from Home
-
29.50%
- Other
-
1.67%
The median travel time to work is 24 minutes.
People
- Population
- 25,044
- Median Age
- 35.90
- Median Household Size
- 3.17
Education
- High School
-
33.09%
- Associate’s Degree
-
10.74%
- Bachelor’s Degree
-
15.63%
- Graduate Degree
-
4.46%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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