Last 24 Hours
$428,641
NAL Estimated Property Value1512 Welch Dr, Princeton, TX, 75407
Off Market
4 Beds
4 Bath
2,575 Sq Ft
Single Family Residence
$178.25 / sqft
Built in 2020Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 4
Bathrooms Full 3.5AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood
Exterior
Lot Size7,797 sqft
Building Information
Year Built2020
Stories2
Garage Spaces2
Land Information
APNR-11816-00A-0250-1
Lot Number25
SubdivisionTimineri Estates (Cpn)
Land UseResidential
Legal DescriptionTIMINERI ESTATES (CPN), BLK A, LOT 25
Census Tract031007
Assessed Land Value$105,000
Assessed Improvement Value$323,641
Assessment Year2025
About this property
BACK ON THE MARKET BECAUSE THE BUYER COULD NOT GET IT DONE! All of the extras without the fuss! This barely lived in 4 bedroom home on an oversized lot backs to a Nature preserve. A private office is at the front of the home plus a formal dining room, huge kitchen overlooking living room, stone fireplace and luxurious handscraped hardwood floors. The master suite is at the back of the home overlooking the oversized backyard with extended patio where you can sip your morning coffee with all of the beauty of Nature that Princeton has to offer. Upstairs are 3 bedrooms, two bathrooms and a game room. One of the three upstairs bedrooms is not on floorplan in photos.
Investor Tools
$428,641
Estimated Property Value
$410,544Estimated Mortgage Balance
$18,097Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$794/month
$500/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,382
$428,641
2025
$105,000
$323,641
$428,641
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,382
$428,641
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$433,700
No
First
Jun 8, 2023
Jul 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$410,544
$18,097
4%
96%
$2,601/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$3,101/mo
$-291/mo
7.9%
12.4%