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$309,147

1209 Lombardy Drive, Princeton, TX, 75407

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,619 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.23 / sqft
Year BuiltBuilt in 2017

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Refrigerator, Other
FlooringCeramic Tile, Vinyl

Exterior

Lot Size5,250 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNR-11315-00G-0070-1
Lot Number7
SubdivisionCypress Bend No. 3 (Cpn)
Land UseResidential
Legal DescriptionCYPRESS BEND NO. 3 (CPN), BLK G, LOT 7
Census Tract031007
Assessed Land Value$105,000
Assessed Improvement Value$204,147
Assessment Year2025

About this property

Updated home in Cypress Bend. Very nice landscaping with great size back porch. Front room is tiled. It can be used as a formal dining or second living area. Master bedroom is separate from the rest. It has a huge walk in closet, separate shower, and garden tub. Kitchen has a great deal of space, plenty of cabinets, granite counters, black appliances including refrigerator, pantry with shelves, and overlooks the main living area. It has neutral colors and tons of natural light. All interior painted plus wide plank vinyl flooring, installed in living and all bedrooms, and guest bathroom has tile installed November 2021. 75 and 380 is just a few minutes away. Close to Downtown Mckinney and Collin College.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,139
$309,147
2025
$105,000
$204,147
$309,147
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,139
$309,147

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$165,000
No
First
Dec 30, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,778
$161,369
52%
48%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$990/mo
+$1,160/mo
8.3%

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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1209 Lombardy Drive | Property Details | No Agent List