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$299,000

2005 Hancock Circle, Princeton, TX, 75047

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths1,633 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.07 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12984-00B-0530-1
Lot Number53
SubdivisionMonticello Park Phase 3a (Cpn)
Land UseResidential
Legal DescriptionMONTICELLO PARK PHASE 3A (CPN), BLK B, LOT 53
Census Tract031005
Assessed Land Value$100,000
Assessed Improvement Value$194,389
Assessment Year2025

About this property

This home barely lived-in home is ready for a quick move-in. Nestled on a quiet cul-de-sac street, this home is in a prime location near the community park and pool. Inside, the home welcomes you with modern elegance, featuring granite countertops, pristine appliances, a thoughtfully designed floor plan, and generously sized bedrooms with ample closet space. The open-concept living and kitchen area is an entertainer's dream, ensuring seamless gatherings and lively conversations. For those who savor outdoor living, the backyard beckons with the promise of delightful BBQs and abundant space for play and creating memories. Enjoy the charm of nearby Downtown McKinney, the scenic views of Lake Lavon and some DFW's favorite sports teams or stay in for the night and relax under the stars of the Princeton sky. Less than 3 miles to grocery. Fridge can be included for $50 per month.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$503/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,537
$294,389
2025
$100,000
$194,389
$294,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,537
$294,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocio Mortgage Llc
Conventional
$216,990
No
First
Mar 15, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,514
$90,486
30%
70%
$1,301/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,301/mo
+$849/mo
8.6%

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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2005 Hancock Circle | Property Details | No Agent List