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$305,000

1110 Ginsburg Lane, Princeton, TX, 75407

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,401 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.7 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesOther

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APNR-12797-00L-0380-1
Lot Number38
SubdivisionPrinceton Heights Phase 2 (Cpn)
Land UseResidential
Legal DescriptionPRINCETON HEIGHTS PHASE 2 (CPN), BLK L, LOT 38
Census Tract031005
Assessed Land Value$100,000
Assessed Improvement Value$234,207
Assessment Year2025

About this property

Get in before the rest of the country catches up. This immaculate 3-bedroom, 2-bath single-story home in Princeton Heights sits inside what the U.S. Census Bureau officially ranked the fastest-growing city in America — and the momentum here is just getting started. Built in 2022, this bright open-concept floor plan delivers the feel of new construction without the new-construction wait. The chef-ready kitchen comes fully loaded with a gas cooktop, built-in refrigerator, microwave, dishwasher, and oven — all included. Luxury vinyl plank flooring flows through the main living areas, bedrooms are generously sized, and the covered back patio is ready for Texas evenings. Two-car attached garage. Low-maintenance brick exterior. Move-in ready from day one. The neighborhood story is what sets this apart. Princeton sits 8 miles east of McKinney on US-380, putting Historic Downtown McKinney's 170+ shops and restaurants within a 15-minute drive. Lake Lavon — 22,000 acres of waterfront recreation — is minutes away. And the Princeton Town Center, a 420,000-square-foot retail development anchored by Kroger and Home Depot, with Texas Roadhouse and dozens more retailers, is actively under construction — bringing serious long-term equity lift to every home in this zip code. This is Collin County's most affordable entry point before affordability disappears. First-time buyers, remote workers, and investors alike are discovering what insiders already know: Princeton is the next McKinney, and the window is open right now.

Investor Tools

$275,639Estimated Mortgage Balance
$58,568Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,005 /month
Positive
Cash Flow Estimate:
$668 /month

Interested in this property?

Weston Kirk

All City

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$655/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,189
$334,207
2025
$100,000
$234,207
$334,207
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,189
$334,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$289,710
No
First
Sep 20, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,639
$58,568
17%
82%
$1,737/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,737/mo
+$413/mo
7.7%

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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1110 Ginsburg Lane | Property Details | No Agent List