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$478,003

NAL Estimated Property Value

1318 Carlo Dr, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,235 Sq Ft
price_per_sqft$221.48 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave
FlooringCeramic Tile, Luxury Vinyl Plank

Exterior

Exterior FeaturesOutdoor Living Area, Rain Gutters
Lot Size1 acre

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-3525-00C-0130-1
Lot Number13
SubdivisionRagon Estates (Cpn)
Land UseResidential
Legal DescriptionRAGON ESTATES (CPN), BLK C, LOT 13
Census Tract031003
Assessed Land Value$125,000
Assessed Improvement Value$353,003
Assessment Year2025

About this property

Looking for room to breathe on a 1-acre lot and free from any HOA constraints? Nestled in the acclaimed Princeton school district, this charming one story, open concept abode offers unparalleled tranquility and comfort. A 2022 garage conversion added square footage and functionality including a fourth bedroom; private, corner office with windows overlooking the front yard; a practical mudroom and a large walk-in storage closet. The spacious living room exudes natural light with an abundance of windows and is warmed by a propane-fueled stone fire place. Benefit from the convenience of an open island kitchen, split bedrooms, secluded primary suite, interspersed with luxury vinyl plank and ceramic tile flooring. Bask in the idyllic outdoor living space, complete with open and covered patios and delightful blooming Bradford Pear trees. An oversized, 2-car detached garage provides protection for vehicles and extra storage for lawn equipment and toys.

Investor Tools

Property Icon
$478,003
Estimated Property Value
$181,244Estimated Mortgage Balance
$296,759Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$754/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,662
$478,003
2025
$125,000
$353,003
$478,003
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,662
$478,003

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$188,000
No
First
May 8, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,244
$296,759
62%
38%
$1,128/mo

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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1318 Carlo Dr | Property Details | No Agent List