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$254,990

186 Balboa Lane, Princeton, TX, 75407

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,521 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.65 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave
FlooringCarpet, Ceramic Tile, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard
Lot Size3.93 acres

Building Information

Garage Spaces1

Land Information

APNR-12777-000-0080-1
Lot Number8
SubdivisionTown Park Twin Home Condominiums
Land UseResidential
Legal DescriptionTOWN PARK TWIN HOME CONDOMINIUMS, UNIT 8, 1.924 % CMN INT; * (PHASE 2, AMENDED) * (PHASE 2, AMENDED)
Census Tract031007
Assessed Land Value$40,000
Assessment Year2025

About this property

MLS# 21267601 - Built by Pacesetter Homes - Jun 2026 completion! ~ 186 Balboa Lane offers a 3-bedroom, 2.5-bath, two-story townhome lifestyle with the ease of lock-and-leave living, thanks to HOA-maintained front and side yards. The kitchen is thoughtfully designed with 36? cabinetry, quartz countertops, stainless steel appliances, and an oversized island complete with pendant lighting and a convenient pop-up outlet. A second-floor loft provides versatile space for work or relaxation, while the master suite features transom windows and is pre-wired for a wall-mounted TV. The master bath is finished with a dual-sink vanity, Carrara Snow engineered marble countertops, and brushed nickel light fixtures for a polished look. Additional upgrades include LED disk lighting in the family room and master bedroom.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$0Estimated Mortgage Balance
$252,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Randol Vick

Randol J. Vick, Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$159/month
$1,423/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$645
$40,000
2025
$40,000
N/A
$40,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$645
$40,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$252,000
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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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