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$260,000

115 Cottonwood Dr, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,614 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.09 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,119 sqft

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APNR-10921-00P-0380-1
Lot Number38
SubdivisionCypress Bend No 2 (Cpn)
Land UseResidential
Legal DescriptionCYPRESS BEND NO 2 (CPN), BLK P, LOT 38
Census Tract031007
Assessed Land Value$115,500
Assessed Improvement Value$197,139
Assessment Year2025

About this property

Welcome home! New price improvement alert. Nestled on a quiet cul-de-sac in the rapidly growing and highly desirable Princeton area, this beautifully maintained home offers space, style, and comfort. Step inside to a large family room with tasteful updates throughout. The fully equipped kitchen features Energy Star appliances, stunning granite countertops, and a spacious center island with breakfast bar—perfect for everyday living and entertaining. The private primary suite serves as a relaxing retreat with a generous walk-in closet, soaking garden tub, and separate walk-in shower. Neutral tones, crown molding, and abundant natural light enhance the home’s inviting feel. Enjoy the oversized backyard and covered patio—ideal for relaxing or hosting gatherings. This home checks all the boxes—don’t miss it!

Investor Tools

Property Icon
$312,639
Estimated Property Value
$220,924Estimated Mortgage Balance
$118,379Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,876 /month
Positive
Cash Flow Estimate:
$625 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
$331/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,333
$312,639
2025
$115,500
$197,139
$312,639
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,333
$312,639

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$220,924
Yes
First
Apr 17, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,260
$118,379
37%
62%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,656/mo
+$494/mo
8.3%

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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115 Cottonwood Dr | Property Details | No Agent List