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$373,894

NAL Estimated Property Value

203 County Road 1010, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,432 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.96 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Hardwood, Vinyl

Exterior

Lot Size2.03 acres

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-2171-002-0070-1
Lot Number7
SubdivisionCentre Point Estates Phase One (Gcn)
Land UseResidential
Legal DescriptionCENTRE POINT ESTATES PHASE ONE (GCN), BLK 2, LOT 7
Census Tract031008
Assessed Land Value$115,000
Assessed Improvement Value$258,894
Assessment Year2025

About this property

Country living with city convenience. Tucked away in the one-of-a-kind Centre Point Estates, this west-facing one-story home sits on 1.015 acres with no HOA, offering the breathing room that’s hard to find - just outside the city limits. Inside, the home feels warm and inviting with fresh neutral paint and a main living area centered around a wood-burning fireplace and trayed ceiling. The layout offers privacy and separation between the living, dining, and bedroom areas while maintaining an easy, comfortable flow. The kitchen provides a solid foundation with room to personalize over time. The primary suite is filled with natural light and provides a comfortable retreat at the end of the day, complete with dual sinks, a private commode, his-and-her closets, an expanded shower, and a garden tub - functional today with room to make it your own in the future. Significant care has gone into the home, with over $45K in updates and repairs completed to provide peace of mind. Improvements include a full electrical panel upgrade and whole-home re-device (2025), fresh paint and drywall repairs, tree trimming, a new HVAC system (2023), and prior foundation repairs with 14 exterior piers and a transferable warranty. The roof is approximately 10 years old with recent repairs made in 2025. Outside is where this property truly shines. Mature trees frame the setting, while mornings can be enjoyed watching the sun rise over the extended open patio. With an oversized driveway, a 17x30 workshop with electricity, and a 25x11 carport, there’s space for RV parking, projects, hobbies, or simply room to spread out and breathe. Located just 2 miles from Clear Lake Park and Campground on Lavon Lake and served by Princeton ISD, this home is ideal for first-time buyers, downsizers, or anyone seeking land, storage, and a quieter lifestyle - without giving up access to nearby conveniences. A rare opportunity to own acreage, enjoy meaningful upgrades, and create something truly personal.

Investor Tools

Property Icon
$373,894
Estimated Property Value
$297,953Estimated Mortgage Balance
$75,941Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,243 /month
Positive
Cash Flow Estimate:
$748 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,535
$373,894
2025
$115,000
$258,894
$373,894
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,535
$373,894

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Unknown
$299,250
No
First
Feb 20, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,953
$75,941
20%
80%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,795/mo
+$355/mo
6.9%

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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203 County Road 1010 | Property Details | No Agent List