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$266,433

NAL Estimated Property Value

151 Prairie View Drive, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,319 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.34 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built2010
Stories1
Garage Spaces2

Land Information

APNR-8592-00A-0390-1
Lot Number39
SubdivisionForest Grove Phase I (Cpn)
Land UseResidential
Legal DescriptionFOREST GROVE PHASE I (CPN), BLK A, LOT 39
Census Tract031003
Assessed Land Value$105,000
Assessed Improvement Value$161,433
Assessment Year2025

About this property

BUYER'S FINANCING FELL THRU! Now's the opportunity to grab this immaculate one story starter or downsize home! Look no further, this turn-key home is ready for you! The floor plan is open with lots of natural light and is bright and airy! Fresh neutral paint throughout. Open concept living room and dining room create ample space for family dinners or entertaining during the holiday season. Fabulous kitchen with beautiful cabinets, neutral tile floors and breakfast nook. The master suite is located in the rear of the home and the adjoining bath offers a shower and garden tub combo and a walk-in closet. The large, grassy backyard is an open canvas! There’s room for play equipment, pets, a garden, AND a pool!

Investor Tools

Property Icon
$266,433
Estimated Property Value
$171,662Estimated Mortgage Balance
$94,771Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,599 /month
Positive
Cash Flow Estimate:
$533 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,485
$266,433
2025
$105,000
$161,433
$266,433
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,485
$266,433

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$194,413
Yes
First
May 28, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,662
$94,771
35%
64%
$1,166/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,496/mo
+$654/mo
9.7%

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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151 Prairie View Drive | Property Details | No Agent List