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$300,500

1106 Caroline Dr, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.58 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8786-00D-0090-1
Lot Number9
SubdivisionVillas Of Monte Carlo Phase One (Cpn)
Land UseResidential
Legal DescriptionVILLAS OF MONTE CARLO PHASE ONE (CPN), BLK D, LOT 9
Census Tract031003
Assessed Land Value$100,000
Assessed Improvement Value$186,440
Assessment Year2025

About this property

Look no further than this spacious home in Princeton featuring a desirable layout with the primary bedroom conveniently located downstairs, offering privacy and convenience. The heart of the home is its expansive kitchen, perfect for culinary enthusiasts and gatherings, boasting ample space and modern appliances including a refrigerator. Upstairs, a versatile game room awaits, providing an ideal space for entertainment or relaxation. Three additional bedrooms ensure plenty of room for family, guests, or a home office. Carpet upstairs replaced June 2024. Laminate flooring and tile downstairs for easy maintenance. Outside, discover the charm of a large backyard, offering endless possibilities for outdoor activities, gardening, or simply enjoying the fresh air. Located in a sought after Princeton neighborhood, this home promises a lifestyle of comfort and convenience.

Investor Tools

Property Icon
$322,000
Estimated Property Value
$227,960Estimated Mortgage Balance
$98,739Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$672/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,457
$286,440
2025
$100,000
$186,440
$286,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,457
$286,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Unknown
$227,960
No
First
Mar 11, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,261
$98,739
30%
69%
$1,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$1,517/mo
+$1,293/mo
10.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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