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$339,900

1112 Nickel St, Princeton, TX, 75407

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,338 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.38 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APNR-11216-00Q-0200-1
Lot Number20
SubdivisionTrails At Riverstone Phase 1 The (Cpn)
Land UseResidential
Legal DescriptionTRAILS AT RIVERSTONE PHASE 1, THE (CPN), BLK Q, LOT 20
Census Tract031003
Assessed Land Value$100,000
Assessed Improvement Value$250,356
Assessment Year2025

About this property

GREAT INVESTMENT OPPORTUNITY: Spacious 5 bedroom, 1 flex room, and 3.1 bathroom open concept family home with tenants occupying through February 2023 (lease to convey) Monthy rent is $2,200. Located outside of a MUD or PID within the Trails at Riverstone community, this property includes solar panels which will be paid off in full by the seller at closing. Community amenities include a resort style pool, kids splash pad, community park, and jogging tails making this home ideal for families! Positioned just minutes from US HWY 380, convenience will never an issue for the residents occupying this home. For more details regarding the current lease agreement in place, please reference the attached documents.

Investor Tools

Property Icon
$350,356
Estimated Property Value
$0Estimated Mortgage Balance
$350,356Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,102 /month
Positive
Cash Flow Estimate:
$701 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,020
$350,356
2025
$100,000
$250,356
$350,356
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,020
$350,356

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$350,356
100%
0%
$0/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.

Explore Texas Explore This Area
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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1112 Nickel St | Property Details | No Agent List