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$249,900

11632 County Road 1083, Princeton, TX, 75407

PendingInfo
Beds2 Beds
Baths2 Bath
Baths920 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$271.63 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer

Exterior

Exterior FeaturesDeck

Building Information

Year Built1975
Stories1
Roof Type105

Land Information

APNR-0824-004-002C-1
Lot Number2C
SubdivisionSnavely Acres (Gcn)
Land UseResidential
Legal DescriptionSNAVELY ACRES (GCN), BLK D, LOT 2C
Census Tract031006
Assessed Land Value$55,000
Assessed Improvement Value$61,220
Assessment Year2025

About this property

Beautifully updated lakefront home near Lavon Lake offering modern finishes, peaceful water views, and an impressive covered front porch deck designed for outdoor living. This 2-bedroom, 2-bath home features a bright open layout with updated flooring, fresh neutral tones, large windows, and a stylish kitchen with white cabinetry, stainless steel appliances, decorative backsplash, gold-tone hardware, and a large center island. Both bathrooms have been tastefully updated with clean contemporary finishes. The covered deck captures the lake setting and creates a standout space for relaxing or entertaining. Situated on a generous lot, this property offers the feel of a private lakeside retreat with convenient access to Princeton, McKinney, and surrounding areas. A rare opportunity for a primary residence, weekend getaway, or investment property near Lavon Lake. Buyer and buyer's agent to verify all information, including square footage, acreage, schools, taxes, restrictions, waterfront and lake access, and governing authority.

Investor Tools

$0Estimated Mortgage Balance
$282,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,097
$116,220
2025
$55,000
$61,220
$116,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,097
$116,220

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$208,000
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.

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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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11632 County Road 1083 | Property Details | No Agent List