Last 24 Hours
$358,492
NAL Estimated Property Value1018 Mesquite Ln, Princeton, TX, 75407
Off Market
Lease
4 Beds
3 Bath
2,229 Sq Ft
$1.05 / sqft
Built in 2020Highlights
Interior
Bedrooms 4
Bathrooms Full 2.5AppliancesGas Cooktop
Exterior
Lot Size5,924 sqft
Building Information
Year Built2020
Stories2
Garage Spaces2
Land Information
APNR-11997-00Q-0060-1
Lot Number6
SubdivisionArcadia Farms Phase 3 (Cpn)
Land UseResidential
Legal DescriptionARCADIA FARMS PHASE 3 (CPN), BLK Q, LOT 6
Census Tract031007
Assessed Land Value$100,000
Assessed Improvement Value$258,492
Assessment Year2025
About this property
Gorgeous rental in up-and coming-Princeton available! Just 15 minutes from downtown McKinney, this beautiful and new home is walking distance from an elementary school, a dog park, a baseball field, a soccer field, a park, and a community pool. Brand new floors have just been put in! The home is only one year old and the owners traveled so much of that year. It is practically a brand new house! The home has 4 bedrooms, 2.5 bathrooms, and a game room!
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,187
$358,492
2025
$100,000
$258,492
$358,492
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,187
$358,492
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$274,024
No
First
Apr 29, 2021
May 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,366
$111,126
30%
69%
$1,643/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$1,643/mo
+$1,167/mo
9.4%
12.4%