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$325,465

NAL Estimated Property Value

1605 Pecan Orchard Dr, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.22 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Water Heater, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12732-00U-0110-1
Lot Number11
SubdivisionWinchester Crossing Phase 7 (Cpn)
Land UseResidential
Legal DescriptionWINCHESTER CROSSING PHASE 7 (CPN), BLK U, LOT 11
Census Tract031007
Assessed Land Value$80,000
Assessed Improvement Value$245,465
Assessment Year2025

About this property

Discover the perfect place to call home in this beautifully crafted 4-bedroom, 2-bath residence nestled in the heart of Princeton—where modern design meets everyday comfort. From the moment you step inside, you’ll feel an inviting sense of openness and calm. The bright, spacious living area flows seamlessly into a modern kitchen designed to bring people together, featuring gleaming granite countertops, all stainless steel appliances included, and a large island that naturally becomes the heart of the home. Enjoy the ease of luxury vinyl plank flooring throughout, offering a sleek look that’s as stylish as it is practical. The dedicated laundry room with washer and dryer included adds to your daily convenience, while the two-car garage provides ample space for vehicles and storage. The private primary suite offers a serene escape at day’s end, while three additional bedrooms provide flexibility for family, guests, or your ideal home office setup. Step outside to unwind in your fenced backyard with a covered patio—a perfect setting for morning coffee, evening conversations, or quiet moments under the Texas sky. Located within the top-rated Harper Elementary School zone, this home offers easy access to everything you love—Walmart Supercenter, Starbucks, Braum’s Ice Cream, Whataburger, and Princeton Shopping Center—all just minutes away. Plus, enjoy smooth commuting to McKinney and Plano with nearby highway access. In this welcoming community neighborhood, you’ll find parks, pools, playgrounds, and lush green spaces designed to enhance your lifestyle and connect you with your surroundings. This home beautifully blends comfort, connection, and convenience—creating the kind of space where memories are made and every day feels just right. NEWLY PAINTED!! Please reference Rental Criteria in the Transaction Desk.

Investor Tools

Property Icon
$325,465
Estimated Property Value
$278,209Estimated Mortgage Balance
$47,256Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,953 /month
Positive
Cash Flow Estimate:
$651 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,250
$325,465
2025
$80,000
$245,465
$325,465
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,250
$325,465

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$294,404
Yes
First
May 24, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,209
$47,256
14%
85%
$1,766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$1,766/mo
+$1,044/mo
10.4%

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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1605 Pecan Orchard Dr | Property Details | No Agent List