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$375,023

NAL Estimated Property Value

1999 Mercer Ln, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,944 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.71 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNR-11097-00D-0160-1
Lot Number16
SubdivisionDe Berry Estates Phase 1 (Cpn)
Land UseResidential
Legal DescriptionDE BERRY ESTATES PHASE 1 (CPN), BLK D, LOT 16
Census Tract031003
Assessed Land Value$110,000
Assessed Improvement Value$265,023
Assessment Year2025

About this property

Move-in ready 3-bedroom home in DeBerry Estates, a desirable Princeton community known for quality construction and affordable living. Enjoy a stone fireplace along with upgraded window shutters and durable, easy-care wood-look tile that flows throughout the home. The thoughtfully designed split-bedroom floor plan provides privacy for the primary suite, while a bonus area adjacent to the secondary bedrooms is ideal for a playroom, study space, or second living area. A private home office with French doors is conveniently located near the front entry. The spacious kitchen features abundant cabinetry and counter space, plus a generously sized pantry. Outside, enjoy a large, private backyard with plenty of room to relax, entertain, or play. A comfortable and versatile home designed for easy everyday living. SELLER TO CONTRIBUTE 1% OF SALES PRICE TOWARDS A RATE BUY DOWN WITH AN ACCEPTABLE OFFER. BUYER TO VERIFY ANY AND ALL INFORMAITO PROVIDED.

Investor Tools

Property Icon
$375,023
Estimated Property Value
$0Estimated Mortgage Balance
$375,023Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,785
$375,023
2025
$110,000
$265,023
$375,023
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,785
$375,023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$375,023
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$345/mo
+$2,465/mo
9.0%

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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1999 Mercer Ln | Property Details | No Agent List