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$292,472

1910 Fairbanks Drive, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,619 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.74 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Indoor Grill
FlooringCarpet, Ceramic Tile

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-11448-008-0100-1
Lot Number10
SubdivisionPark Trails Phase 2 (Cpn)
Land UseResidential
Legal DescriptionPARK TRAILS PHASE 2 (CPN), BLOCK 8, LOT 10
Census Tract031003
Assessed Land Value$100,000
Assessed Improvement Value$192,472
Assessment Year2025

About this property

Great 3 Bedroom 2 Bath Home Ready for New Buyers! Great Open Floorplan in Great Neighborhood with trees lining the back fence line! Nice Sized Kitchen features granite counters, dishwasher, electric stove and refrigerator stays! Nice sized Master Suite with carpet, ceiling fan, large bathroom with garden tub, separate shower and large walk in closet. Nice sized secondary bedrooms and bathroom. Large backyard with covered patio, wood fence and sprinkler system. Hurry, this won't last long. Seller needs 2-4 week leaseback!

Investor Tools

Property Icon
$292,472
Estimated Property Value
$0Estimated Mortgage Balance
$53,847Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,888
$292,472
2025
$100,000
$192,472
$292,472
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,888
$292,472

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$257,000
No
First
Jul 12, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,625
$53,847
18%
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
8.8%

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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