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$268,824

NAL Estimated Property Value

111 Lemongrass Dr, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,481 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Microwave, Refrigerator

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12604-0HH-0130-1
Lot Number13
SubdivisionBridgewater Phase 4c (Gcn)
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 4C (GCN), BLK HH, LOT 13
Census Tract031008
Assessed Land Value$100,000
Assessed Improvement Value$168,824
Assessment Year2025

About this property

Welcome to 111 Lemongrass Dr, a charming 3-bed, 2-bath single-family home in Princeton, TX. This gem offers a spacious layout with amenities like a dishwasher, microwave, and central AC. Enjoy a fenced yard, garage, and washer-dryer hookups. Stay fit in the fitness center, relax in the swimming pool, and savor the nearby parks. With a pet-friendly policy for dogs and cats, this home is perfect for your furry friends. Don't miss out on this incredible opportunity! Rent for $1,795 and it includes quarterly pest control service. Less than perfect credit is okay. Don't miss out on this great opportunity.

Investor Tools

Property Icon
$268,824
Estimated Property Value
$0Estimated Mortgage Balance
$268,824Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,613 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,858
$268,824
2025
$100,000
$168,824
$268,824
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,858
$268,824

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$268,824
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
9.6%

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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111 Lemongrass Dr | Property Details | No Agent List