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$349,900

123 Prairie Creek Circle 2, Princeton, TX, 75407

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,040 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$171.52 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range
FlooringCeramic Tile

Building Information

Garage Spaces1

About this property

Excellent investment and owner occupancy opportunity in Princeton, TX. This full duplex located at 123 & 125 Prairie Creek Dr offers two identical units, each 1020 sq ft with 2 bedrooms, 1 bathroom. Features include tile flooring, open living areas and one-car garage each unit. Built in 1983 and situated in a quiet neighborhood. One unit 125 Prairie creek is leased to a good profile tenant for $1395 per month and lease ends on Jan 31st 2027 . And other unit is vacant for owner occupancy or can be leased. This unit is already listed for lease for $1395. Ideal for investors and owner-occupant. Convenient access to schools, shopping, and major highways. Buyer to verify schools & measurements.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Anoo Sathappun

Redbud Offices LLC

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Financing Details

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

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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123 Prairie Creek Circle 2 | Property Details | No Agent List