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$355,000

NAL Estimated Property Value

144 Cherryvale Ln, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,386 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.88 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APNR-12920-00D-0310-W
Lot Number31
SubdivisionBridgewater Phase 7a (Gcn)
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 7A (GCN), BLK D, LOT 31; ( SEE R-12920-00D-0310-1 FOR OTHER ENTITIES ) SEE R-12920-00D-0310-1 FOR OTHER ENT
Census Tract031008
Assessed Land Value$100,000
Assessed Improvement Value$97,482
Assessment Year2024

About this property

A newly constructed residence is available in the Bridgewater community! This single-story home features an open-concept kitchen that seamlessly connects to the spacious living room and breakfast nook, which are adorned with windows overlooking the backyard, complete with a covered patio. Luxury vinyl plank flooring extends throughout the home, with the exception of the bedrooms. The modern kitchen is equipped with quartz countertops and stainless steel appliances. Abundant natural light fills the entire home. The two front bedrooms share a full bathroom for convenient access. Additionally, 3rd bedroom has attached bathroom and a game room or office. The primary bedroom suite is positioned away from the other bedrooms, ensuring privacy. The primary bathroom boasts a generously sized standing shower and an expansive walk-in closet. The Bridgewater community provides a wealth of amenities, including two swimming pools, a fitness center, a splash pad, a mini-golf course, walking trails, a clubhouse, volleyball courts, a fishing lake, and much more! Please note that this home has never been occupied, making it essentially brand new.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$0Estimated Mortgage Balance
$355,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,000
$197,482
2024
$100,000
$97,482
$197,482
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,000
$197,482

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$355,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
N/A
+$2,810/mo
9.5%

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.

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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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144 Cherryvale Ln | Property Details | No Agent List