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$275,000

11487 County Road 440, Princeton, TX, 75407

$308,791 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$204.61 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Oven

Exterior

Lot Size7,078 sqft

Land Information

APNR-0767-000-0330-1
Lot Number33
SubdivisionLakeshore Acres Section 1 (Gcn)
Land UseResidential
Legal DescriptionLAKESHORE ACRES SECTION 1 (GCN), LOT 33
Census Tract031008
Assessed Land Value$55,000
Assessment Year2025

About this property

Welcome to Lake Shores in Princeton, Texas! This very clean and well-maintained 1999 home sits on a third of an acre and features an inviting front porch that’s perfect for relaxing and enjoying the peaceful surroundings. Inside, the home offers a comfortable 3-bedroom, 2-bathroom layout with a large primary suite featuring a private en suite bathroom. The primary bathroom includes dual sinks, a separate soaking tub, and a separate shower, creating a comfortable and functional retreat. The kitchen features a convenient center island, providing additional workspace and a great gathering spot for family and friends. Beautiful mature trees surround the property, while the backyard includes 2 storage sheds for tools, lawn equipment, hobbies, or additional storage. Located just down the road from Lake Lavon, this property offers easy access to boating, fishing, water activities, and outdoor recreation. BUT WAIT… THERE’S MORE! The owners are offering a very unique opportunity with THREE PROPERTIES available — purchased together OR separately! PRIMARY RESIDENCE (across the street): Gorgeous 2017 3BR, 2BA Manufactured home on over one third acre. SECOND PROPERTY: This 1999 manufactured home on approximately a third acre, in great condition — perfect for a mother-in-law home, guest space or rental! THIRD PROPERTY (right next door): A fully foam-insulated, concrete-floor, 40 x 40 SHOP, already set up for business. LIVE HERE. BRING THE FAMILY. RUN YOUR BUSINESS. INVEST. The possibilities are BIG! This may be an excellent opportunity for a family and business compound, an investor, multi-property buyer, or someone looking to expand their real estate holdings. Princeton is growing fast, making this an exciting area to invest and call home. If you’re looking for a well-kept home with a spacious lot, mature trees, a welcoming porch, and convenient access to Lake Lavon, this property deserves a look! Come see this charming Lake property and discover endless possibilities!

Investor Tools

$0Estimated Mortgage Balance
$243,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$308,791
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Stephanie Hibbitts

Vickies Real Estate Group, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$791
$55,000
2025
$55,000
N/A
$55,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$791
$55,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$243,000
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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