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$249,000

NAL Estimated Property Value

131 Prairie Creek Circle, Princeton, TX, 75407

Off MarketInfo
Baths1,880 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APNR-1401-002-0190-1
Lot Number19
SubdivisionPrairie Creek Hills (Cpn)
Land UseResidential
Legal DescriptionPRAIRIE CREEK HILLS (CPN), BLK B, LOT 19
Census Tract031003
Assessed Land Value$108,000
Assessed Improvement Value$110,998
Assessment Year2025

About this property

**FULL DUPLEX FOR SALE** Foundation repaired August 2022 with transferable warranty** Great Income Producing Duplex! EXTRA Large yards on almost half an acre combined. These units have a great layout with large rooms. 2 bedrooms, 1 bath for each side. Close to schools and easy access to highways. This is two units, Unit 131 and Unit 133. Unit 133 has a converted garage for an extra room.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$215,701Estimated Mortgage Balance
$33,299Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,219
$218,998
2025
$108,000
$110,998
$218,998
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,219
$218,998

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$230,250
No
First
Dec 8, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,701
$33,299
13%
87%
$1,381/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$1,381/mo
+$1,429/mo
13.5%

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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131 Prairie Creek Circle | Property Details | No Agent List