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Owner Contacts

$371,301

NAL Estimated Property Value

112 Nathan Dr, Princeton, TX, 75407

Off Market

3 Beds

2 Bath

1,802 Sq Ft

Single Family Residence

$193.06 / sqft

Built in 2023

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave

FlooringCarpet, Tile

Building Information

Year Built2022

Stories1

Garage Spaces2

Land Information

APNR-12141-00B-0230-1

Lot Number23

SubdivisionMorning Ridge Phase 1 (Cpn)

Land UseResidential

Legal DescriptionMORNING RIDGE PHASE 1 (CPN), BLK B, LOT 23

Census Tract031007

Assessed Land Value$100,000

Assessed Improvement Value$271,301

Assessment Year2025

About this property

Beautiful new construction home in great location within easy reach of great schools,lakes,parks,shopping,dining & more.Home offers 3 bedrms & 2 bath.The open concept design of the main living area creates a spacious feel,perfect for entertaining or spending time w family.Living rm has large windows allow plenty of natural light to flood the space.Kitchen is equipped w modern stainless steel appliances,granite countertops,ample storage & pantry.Dining area is located adjacent to the kitchen & provides a perfect setting for family meals.The spacious primary bedrm includes ensuite bathrm w double sink vanity,walk-in shower & large soaking tub.Laundry rm is conveniently located near the bedrooms.The 2 car garage provides plenty of room for vehicles & additional storage.The backyard is a perfect for outdoor activities or relaxing & enjoying the beautiful weather.Overall, this new home offers modern amenities & plenty of space for comfortable living.

Investor Tools

$371,301

Estimated Property Value

$338,209Estimated Mortgage Balance

$33,092Estimated Equity

8% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,228 /month

Positive

Cash Flow Estimate:

$743 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$728/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,885

$371,301

2025

$100,000

$271,301

$371,301

Tax History

Year

Tax Paid

Assessed Value

2024

$6,885

$371,301

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Fha

$341,121

Yes

First

Apr 17, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$338,209

$33,092

91%

$2,149/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,150/mo

$2,149/mo

+$1/mo

6.9%

Learn About the Market: Opportunity in Texas

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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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