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$299,900

1625 Kim Loan Dr, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,619 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.24 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7,145 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-11651-021-0020-1
Lot Number2
SubdivisionPark Trails - Phase 3 (Cpn)
Land UseResidential
Legal DescriptionPARK TRAILS - PHASE 3 (CPN), BLK 21, LOT 2
Census Tract031003
Assessed Land Value$110,000
Assessed Improvement Value$194,518
Assessment Year2025

About this property

Beautiful 3-Bedroom Home on Greenbelt Lot with Exceptional Amenities Nestled in a serene neighborhood, this 3-bedroom, 2-bathroom, 1,619 sq. ft. gem offers comfort, convenience, and charm. The home sits on an oversized lot backing up to a tranquil greenbelt, providing a private and peaceful backyard retreat. The extended patio is perfect for outdoor entertaining or relaxing while soaking in the scenic views.Meticulously maintained, this home boasts an inviting layout designed for modern living. The community offers amenities, including a park with a playground, a covered pavilion with picnic tables, walking trails, a basketball court, and ample open green space. Conveniently located just 12 miles from McKinney and Highway 75, this home ensures easy access to shopping, dining, and entertainment options. Situated in Princeton, one of Texas’s fastest-growing cities, this property is an outstanding investment in a vibrant and thriving community. Come see why this home is the perfect blend of location, lifestyle, and livability!

Investor Tools

Property Icon
$304,518
Estimated Property Value
$257,000Estimated Mortgage Balance
$53,593Estimated Equity
16% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,710
$304,518
2025
$110,000
$194,518
$304,518
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,710
$304,518

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Conventional
$257,000
No
First
Jan 22, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,925
$53,593
17%
82%
$1,541/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,901/mo
+$249/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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1625 Kim Loan Dr | Property Details | No Agent List