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B+
NoAgentList RatingHow are grades calculated?Info
Days40Days on Market
Views1view
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$324,900

$329,900

1205 Butler Ave, Princeton, TX, 75407

$395,044 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths1,845 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.1 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Disposal, Electric Range, Microwave, Tankless Water Heater
FlooringCarpet, Vinyl

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12797-00I-0030-1
Lot Number3
SubdivisionPrinceton Heights Phase 2 (Cpn)
Land UseResidential
Legal DescriptionPRINCETON HEIGHTS PHASE 2 (CPN), BLK I, LOT 3
Census Tract031005
Assessed Land Value$100,000
Assessed Improvement Value$258,259
Assessment Year2025

About this property

Welcome to 1205 Butler Avenue in beautiful Princeton, TX! Built in 2023, this two-story home features 4 Bedrooms, 2.5 baths, and a two-car garage. The first floor features hard flooring throughout, including the primary with it's ensuite bath and walk-in closet. Upstairs, you'll find three bedrooms, the bonus room, a laundry room, and another full bath. A half-bath is conveniently located downstairs off the living room. The backyard is spacious and fully fenced. This well-maintained home is move-in ready and the sellers are motivated. A great opportunity to purchase your own part of growing Princeton, TX!

Investor Tools

$254,299Estimated Mortgage Balance
$105,237Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$395,044
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,150 /month
Positive
Cash Flow Estimate:
$717 /month

Interested in this property?

Crystal Solensky

Keller Williams Realty DPR

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
$432/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,549
$358,259
2025
$100,000
$258,259
$358,259
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,549
$358,259

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deephaven Mortgage Llc
Commercial
$266,387
No
First
Nov 17, 2023
Dec 2063

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,299
$103,960
29%
71%
$1,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,030/mo
+$780/mo
9.4%

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.

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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1205 Butler Ave | Property Details | No Agent List