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$945,000

1625 County Road 561, Princeton, TX, 75407

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,666 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$567.23 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Private Yard, Storage
Lot Size10.00 acres

Building Information

Year Built1994
Stories1

Land Information

APNR-6936-005-0090-1
Lot Number9
SubdivisionD Van Winkle Survey
Land UseResidential
Legal DescriptionABS A0936 D VAN WINKLE SURVEY, SHEET 5, TRACT 9, 10.003 ACRES
Census Tract031101
Assessed Land Value$375,113
Assessed Improvement Value$233,687
Assessment Year2025

About this property

Escape to peaceful country living on just over 10 acres, where a long private driveway winds through the trees to a charming 3-bedroom, 2.5-bath home tucked away from the road. The circular driveway provides a welcoming entrance, while the heavily wooded back acreage creates a quiet, secluded setting where deer are often seen from the back porch. Inside, the 1,666-square-foot home is designed to take full advantage of the beautiful surroundings. A wall of windows spans the back of the home, filling the living areas with natural light and offering relaxing views of the wooded property. The open living and dining space features vaulted ceilings and a wood-burning fireplace, creating a warm and comfortable gathering place. The kitchen offers thoughtful storage with custom pull-out shelving in the lower cabinets. The spacious primary bedroom includes two walls of windows and a private door leading directly to the back porch. The primary bathroom features a walk-in closet, built-in shelving, a vanity, a large soaking tub, and a separate shower. Two additional bedrooms share a convenient Jack-and-Jill bathroom with a recently updated shower. Outside, the property includes a 30x60 shop with electricity and an attached covered carport area, providing plenty of room for vehicles, equipment, hobbies, or additional storage. Enjoy the privacy and tranquility of acreage living while remaining conveniently close to Lake Lavon, Highway 380, and in Farmersville ISD. This serene property offers room to spread out, abundant wildlife, beautiful wooded views, and the peaceful lifestyle you have been searching for.

Investor Tools

$0Estimated Mortgage Balance
$608,800Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,670 /month
Positive
Cash Flow Estimate:
$1,890 /month

Interested in this property?

Randal Shinn

Farmersville Real Estate Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$672
$608,800
2025
$375,113
$233,687
$608,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$672
$608,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$608,800
100%
0%
$0/mo

City: Princeton