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$230,000

1217 Bellevue Dr, Princeton, TX, 75407

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,439 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.83 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-8786-00K-0230-1
Lot Number23
SubdivisionVillas Of Monte Carlo Phase One (Cpn)
Land UseResidential
Legal DescriptionVILLAS OF MONTE CARLO PHASE ONE (CPN), BLK K, LOT 23
Census Tract031003
Assessed Land Value$100,000
Assessed Improvement Value$158,485
Assessment Year2025

About this property

This move-in ready Princeton TX home in the sought-after Villas of Monte Carlo is where small-town charm meets big growth. This turnkey starter home is a true 3 bedroom 2 bath Princeton TX gem, featuring an updated kitchen with granite countertops, crisp white cabinets, a newer range, and stainless steel appliances that make everyday cooking feel like a treat. Fresh carpet was installed in one guest bedroom and the primary bedroom in August 2026, so you walk into soft, clean floors from day one. Spend your evenings on the back deck overlooking a great sized yard, perfect for morning coffee, weekend cookouts, or letting the kids and pets run free. It's also perfectly positioned to watch Princeton's Fourth of July fireworks celebration from the back patio. Enjoy the community playground that has recently been added along with block parties and community events. This metal framed home zoned to Princeton ISD and feeding to Lacy Elementary, Southard Middle, and Princeton High is an easy fit for first time homebuyer families or anyone craving a McKinney commute affordable home. The home is about a mile from the new Princeton Town Center, the 420,000+ square foot retail hub bringing Home Depot, Kroger, Hobby Lobby, TJ Maxx, HomeGoods, and more right to your doorstep by late 2027. Princeton has been named the fastest growing city in America, and this home puts you in the middle of that momentum at a price point rarely found this well updated. Nearby Lavon Lake area homes offer boating, fishing, and lake days minutes away, while downtown Princeton's shops and restaurants add small-town flavor. Priced among the best Princeton TX homes and one of the most attractive Collin County affordable homes on the market, this is your chance to own a lovingly maintained home. Cute, comfortable, and ready for you to move right in.

Investor Tools

$123,273Estimated Mortgage Balance
$135,212Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,551 /month
Positive
Cash Flow Estimate:
$517 /month

Interested in this property?

Jessica Maddern

eXp Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,538
$258,485
2025
$100,000
$158,485
$258,485
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,538
$258,485

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$152,000
No
First
Jul 11, 2017
Aug 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,273
$135,212
52%
48%
$912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,362/mo
+$788/mo
10.0%

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.

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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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