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$422,989

121 Avalon Dr, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,648 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.66 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, RV Hookup, Storage
Lot Size1.00 acres

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-8520-002-0220-1
Lot Number22
SubdivisionAvalon Addition (Cpn)
Land UseResidential
Legal DescriptionAVALON ADDITION (CPN), BLK 2, LOT 22
Census Tract031006
Assessed Land Value$120,000
Assessed Improvement Value$302,989
Assessment Year2025

About this property

Welcome to serenity and space! This turnkey home on 1 acre features NO HOA and TONS of upgrades, including new laminate wood flooring, tasteful remodels of both bathrooms, and a Trane XV18 4 ton HVAC system (2017.) Spacious open concept. Kitchen features custom cabinetry, granite counters, coffee bar, and tons of storage in the massive island. Walk-in closets in all bedrooms. Exterior features include professionally designed landscaping, mature trees for added privacy, 12'x24' storage shed with 10' loft and 6'x12' insulated work or hobby space, 12'x24' covered pad for RV or boat with 30 amp RV hookup, and a massive 523 sq ft covered back patio that spans the entire width of the home. Exterior trim painted in 2020. Roof and gutters replaced in 2022. The sellers have done all of the work here so you don't have to. This home checks all the boxes, offering amenities and possibilities you didn't think possible at this price point. Don't let this one pass you by! Schedule your showing today!

Investor Tools

Property Icon
$422,989
Estimated Property Value
$380,000Estimated Mortgage Balance
$56,645Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,538 /month
Positive
Cash Flow Estimate:
$846 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,062
$422,989
2025
$120,000
$302,989
$422,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,062
$422,989

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Conventional
$380,000
No
First
May 31, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$366,344
$56,645
13%
87%
$2,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,279/mo
$-129/mo
6.1%

Learn About the Market: Opportunity in Texas

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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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