Last 24 Hours
$251,000
NAL Estimated Property Value1523 Longneck Rd, Princeton, TX, 75407
Off Market
Lease
3 Beds
1 Bath
1,360 Sq Ft
$1.32 / sqft
Built in 1972Highlights
Interior
Bedrooms 3
Bathrooms Full 1AppliancesGas Range
FlooringVinyl
Exterior
Lot Size1.14 acres
Building Information
Year Built1972
Stories1
Land Information
APNR-6166-006-0740-1
Lot Number74
SubdivisionDavid Cherry Survey
Land UseResidential
Legal DescriptionABS A0166 DAVID CHERRY SURVEY, SHEET 6, TRACT 74, 1.140 ACRES
Census Tract031005
Assessed Land Value$131,100
Assessed Improvement Value$53,179
Assessment Year2025
About this property
Looking for a home to rent sitting on some land? Plenty of space! Home is sitting on 1.14 acres of land, there's 3 bedroom that are split, 1 full bath, home has washer and dryer, cookstove available. There is an additional building in back that would be great as an man cave or she shed, you decide! Home is available for immediate move in, pets are a case by case and lease can be extended longer than 12 months if needed. Large covered porch to sit and relax or plenty of space in backyard.
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,963
$184,279
2025
$131,100
$53,179
$184,279
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,963
$184,279
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Open End Mortgage / Open End With Future Advance Clause
$172,500
No
First
Oct 15, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,525
$93,475
37%
63%
$1,035/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$1,035/mo
+$675/mo
8.2%
12.4%