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$465,000

1101 Mercury Dr, Princeton, TX, 75407

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,605 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.5 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-11534-00K-0250-1
Lot Number25
SubdivisionTrails At Riverstone Phase 3, The (Cpn)
Land UseResidential
Legal DescriptionTRAILS AT RIVERSTONE PHASE 3, THE (CPN), BLK K, LOT 25
Census Tract031003
Assessed Land Value$100,000
Assessed Improvement Value$270,778
Assessment Year2025

About this property

STUNNING AND SPACIOUS HOME WITH AN EXTENDED COVERED PATIO JUST IN TIME FOR SUMMER FUN. LOCATED WITHIN MINUTES OF SHOPPING, DINNING, MCKINNEY AND 75 TOLLWAYS.This home welcomes you with a grand entrance into the open foyer with upgrades and special touches throughout. Featuring an open floor plan that is perfect for entertaining. Living space includes 5 bedrooms, 2.5 full baths. A large game room or additional living area is located on the second floor. Kitchen boasts a sizable island, abundance of cabinetry, granite countertops & SS appliances.Kitchen is open to the family room that features large windows that provide rays of natural sunlight throughout. The primary retreat includes an en suite, walk in shower and large walk in closet. There is plenty of storage space throughout the home. Perfect time to enjoy a day at the community pool, splash pad and park or take a jog along the jogging paths. NO MUD OR PID!

Investor Tools

Property Icon
$370,778
Estimated Property Value
$480,000Estimated Mortgage Balance
$0Estimated Equity
-29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,461
$370,778
2025
$100,000
$270,778
$370,778
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,461
$370,778

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Va
$480,000
Yes
First
Jul 28, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$445,680
N/A
0%
120%
$2,878/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Princeton

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1101 Mercury Dr | Property Details | No Agent List