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$349,000

NAL Estimated Property Value

1115 Sassafras Dr, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,010 Sq Ft
price_per_sqft$179.05 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size5,619 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12476-00O-0080-1
Lot Number8
SubdivisionArcadia Farms Phase 5 (Cpn)
Land UseResidential
Legal DescriptionARCADIA FARMS PHASE 5 (CPN), BLK O, LOT 8
Census Tract031007
Assessed Land Value$100,000
Assessed Improvement Value$249,000
Assessment Year2025

About this property

Welcome home! This immaculate 4-bedroom, 2-bath residence looks straight out of a magazine, blending modern elegance with cozy charm. The open, airy layout invites you in, showcasing a spacious living area bathed in natural light—perfect for both entertaining and everyday living. The gourmet kitchen features sleek countertops, stainless steel appliances, and a generous island, ideal for casual dining or hosting friends. Retreat to the luxurious primary suite, complete with a walk-in closet and an ensuite bath featuring double sinks and a large shower. Three additional well-appointed bedrooms offer flexibility for family, guests, or a home office. Step outside to your private backyard with covered patio—perfect for enjoying morning coffee or evening barbecues. Located in the vibrant Arcadia Farms community, you’ll have access to a beautiful community pool, parks, and top-rated schools, all just minutes from shopping and dining. Don’t miss this rare opportunity—schedule a showing today! BUYER INCENTIVE: Preferred lender offering qualified buyers 0% down on 30yr fixed with no PMI, plus $2,000 closing cost credit. Contact agent for details.

Investor Tools

Property Icon
$349,000
Estimated Property Value
$306,198Estimated Mortgage Balance
$42,802Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,486
$349,000
2025
$100,000
$249,000
$349,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,486
$349,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$314,100
No
First
Dec 30, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,198
$42,802
12%
88%
$1,884/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,384/mo
+$426/mo
9.7%

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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1115 Sassafras Dr | Property Details | No Agent List