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$259,000

1624 Kim Loan Drive, Princeton, TX, 75407

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,619 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.98 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size7,200 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-11651-018-0250-1
Lot Number25
SubdivisionPark Trails - Phase 3 (Cpn)
Land UseResidential
Legal DescriptionPARK TRAILS - PHASE 3 (CPN), BLOCK 18, LOT 25
Census Tract031003
Assessed Land Value$110,000
Assessed Improvement Value$194,518
Assessment Year2025

About this property

ASSUMABLE INTEREST RATE OF 4.375%, A NEW ROOF, PLUS NO MUD OR PID TAXES SAVING YOU HUNDREDS PER MONTH AND THOUSANDS YEARLY. Welcome to one of the best opportunities in the community this move-in ready 3-bedroom, 2-bath home is strategically priced to stand out and deliver exceptional value in today’s competitive market. Ideally located just minutes from McKinney with quick access to US-75, you’ll enjoy everyday convenience to shopping, dining, and entertainment while still appreciating a peaceful neighborhood setting. Inside, the thoughtfully designed layout features a privately separated primary suite, creating a quiet retreat from the secondary bedrooms, along with an open-concept living space that feels both spacious and inviting. The living area flows seamlessly into a large backyard with a covered patio, offering the perfect setup for entertaining, relaxing, or enjoying outdoor living year-round. What truly sets this home apart is the long-term financial benefits, including a brand new roof already completed and no MUD or PID taxes—saving you hundreds per month and thousands over the life of your loan compared to many nearby homes and new construction options. With comfort, functionality, and built-in savings, this home delivers unmatched value and is an opportunity you don’t want to miss. $2,000 credit towards flooring.

Investor Tools

Property Icon
$304,518
Estimated Property Value
$0Estimated Mortgage Balance
$103,800Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,827 /month
Positive
Cash Flow Estimate:
$609 /month

Interested in this property?

Leah Martinez

Keller Williams NO. Collin Cty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,618
$304,518
2025
$110,000
$194,518
$304,518
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,618
$304,518

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$222,789
Yes
First
Sep 13, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,718
$103,800
34%
66%
$1,390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,750/mo
+$400/mo
8.5%

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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1624 Kim Loan Drive | Property Details | No Agent List