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$299,069

1310 Caroline Dr, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,057 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.72 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Warming Drawer
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-8786-00G-0140-1
Lot Number14
SubdivisionVillas Of Monte Carlo Phase One (Cpn)
Land UseResidential
Legal DescriptionVILLAS OF MONTE CARLO PHASE ONE (CPN), BLK G, LOT 14
Census Tract031003
Assessed Land Value$100,000
Assessed Improvement Value$199,069
Assessment Year2025

About this property

SELLER IS OFFERING A FREE HOME WARRANTY AND $3,000 CASH AT CLOSING TO BUYER WITH A FULL PRICE OFFER!! Welcome to 1310 Caroline Drive! This well maintained move-in ready home features an open concept, and includes 2 living areas, 2 dining areas, and a bonus room which would be the perfect kids' play area or a man cave for Dad. Kitchen is complete with granite counters, SS appliances, and kitchen island. Lots of big ticket items have been already handled by the sellers, including a new roof (2025,) HVAC (2019,) new water heater (2021,) new dishwasher (2018,) and new flooring (2020.) Other features include a shower remodel and custom linen closet in the primary bathroom, and the addition of cabinets and counters in the laundry room. Full list of features and upgrades in Transaction Docs. This home is priced well below neighborhood comps for a quick sale. Take advantage of this low pricing before it's gone!

Investor Tools

Property Icon
$299,069
Estimated Property Value
$199,560Estimated Mortgage Balance
$119,275Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,520
$299,069
2025
$100,000
$199,069
$299,069
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,520
$299,069

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Security Bank
Conventional
$199,560
No
First
Apr 5, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,794
$119,275
39%
60%
$1,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$1,347/mo
+$1,463/mo
11.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1310 Caroline Dr | Property Details | No Agent List