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B+
NoAgentList RatingHow are grades calculated? Info
Days38Days on Market
Views1view
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$365,000

1123 Caroline Drive, Princeton, TX, 75407

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.38 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8786-00B-0240-1
Lot Number24
SubdivisionVillas Of Monte Carlo Phase One (Cpn)
Land UseResidential
Legal DescriptionVILLAS OF MONTE CARLO PHASE ONE (CPN), BLK B, LOT 24
Census Tract031003
Assessed Land Value$105,000
Assessed Improvement Value$227,542
Assessment Year2025

About this property

WELCOME HOME where custom craftsmanship, thoughtful design & modern luxury come together to create a home unlike anything else on the market in Princeton. If you've been touring builder-grade new construction homes, prepare to be impressed! This STUNNING REMODEL offers upgrades, character & quality you simply won't find at this price point. From the moment you walk through the new front door, you'll appreciate the bright, open floor plan designed for both everyday living & entertaining. At the heart of the home is a show-stopping chef's kitchen featuring custom-built soft-close cabinetry, quartz c-tops, designer backsplash, stainless steel appliances, convection oven with air fryer, walk-in pantry, pull-out shelving & thoughtful storage solutions. Every inch of this home has been updated with luxury vinyl plank flooring, ceramic tile, new carpet, fresh paint, updated lighting, modern plumbing fixtures, new blinds & stylish designer finishes. The spacious first-floor primary suite provides a private retreat with a beautifully updated ensuite bath & walk-in closet. Upstairs, you'll find three additional bedrooms, walk-in closets, plus a large game room offering flexible space for family fun, a media room, home office, or play area. The upgrades continue into the garage with epoxy flooring, an insulated garage door & a new water heater. Outside, enjoy a large, covered patio overlooking a private backyard complete with a full sprinkler system, freshly stained fencing, including an 8-foot privacy fence along the street side for added seclusion. You'll love living in the Villas of Monte Carlo, a quiet, established neighborhood, community atmosphere & neighborhood playground just a short walk. Families will appreciate convenient access to schools, local shopping, dining, walking trails & nearby parks. Don't settle for builder basics when you can own a home filled with custom touches, quality finishes & timeless style. Tour & discover why this home stands out from the rest!

Investor Tools

Property Icon
$368,000
Estimated Property Value
$0Estimated Mortgage Balance
$290,669Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$587/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,207
$332,542
2025
$105,000
$227,542
$332,542
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,207
$332,542

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dba Trinity Mortgage Services
Purchase Money Mortgage
$132,040
No
First
Aug 4, 2009
Sep 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,331
$290,669
78%
21%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$150/mo
+$2,660/mo
9.2%

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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1123 Caroline Drive | Property Details | No Agent List