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$231,000

NAL Estimated Property Value

1914 County Road 900, Princeton, TX, 75407

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,415 Sq Ft
price_per_sqft$183.75 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Wood, Vinyl

Exterior

Exterior FeaturesStorage

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR-0820-003-0020-1
Lot Number2
SubdivisionShamrock Park No 4 (Gcn)
Land UseResidential
Legal DescriptionSHAMROCK PARK NO 4 (GCN), BLK C, LOT 2
Census Tract031006
Assessed Land Value$60,000
Assessed Improvement Value$158,652
Assessment Year2025

About this property

STUNNING LAKE VIEWS within walking distance to Lake Lavon! This private sanctuary offers the ultimate escape from the everyday. This charming home is situated on a .51 acre corner lot with 2 BR, 1 BA and is located just minutes from restaurants, shops and downtown McKinney. There have been many recent updates including new roof (Jan 24), foundation repair with warranty, interior paint, flooring, AC unit , water heater, bathroom updates, and more. The enclosed front porch overlooks the lake and brings the outdoors in with picturesque lake and tree views. The 30 x 40 detached workshop adds even more value with an office and storage space at the back with electric and heat. Additional key features are the oversized garage with storage or could be converted into added living space, additional parking under the carport, and fully fenced. This property has amazing potential for either your new home or individuals who wish to enjoy a weekend retreat. Kitchen refrigerator to convey. Home being sold AS IS.

Investor Tools

Property Icon
$231,000
Estimated Property Value
$233,673Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$156
$218,652
2025
$60,000
$158,652
$218,652
No

Tax History

Year
Tax Paid
Assessed Value
2024
$156
$218,652

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$237,500
No
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,673
N/A
0%
101%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,424/mo
+$726/mo
11.2%

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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1914 County Road 900 | Property Details | No Agent List