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$371,000

NAL Estimated Property Value

1211 Longneck Rd, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Other
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size2.50 acres

Building Information

Year Built1965
Stories1
Roof Type105

Land Information

APNR-6166-006-0620-1
Lot Number62
SubdivisionDavid Cherry Survey
Land UseResidential
Legal DescriptionABS A0166 DAVID CHERRY SURVEY, SHEET 6, TRACT 62, 2.5 ACRES
Census Tract031005
Assessed Land Value$112,500
Assessed Improvement Value$217,103
Assessment Year2025

About this property

Bring the horses to this awesome 3 Bedroom 2 Bath home on 2.5 acres! Large updated swimmimg pool. Master bathroom has a steam shower. Large mature trees around the home and lots of room to roam. Feels like the country but with city conveniences! Easy access to everyting and still private. Must see.

Investor Tools

Property Icon
$371,000
Estimated Property Value
$91,188Estimated Mortgage Balance
$279,812Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$329,603
2025
$112,500
$217,103
$329,603
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$329,603

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Va
$131,000
Yes
First
Jan 25, 2013
Feb 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,188
$279,812
75%
25%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
7.0%

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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1211 Longneck Rd | Property Details | No Agent List