Last 24 Hours
$177,000
NAL Estimated Property Value227 Herman Ln, Princeton, TX, 75407
Off Market
3 Beds
2 Bath
1,017 Sq Ft
Single Family Residence
$1.57 / sqft
Built in 2023Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 2AppliancesTrash Compactor, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Exterior
Lot Size3,311 sqft
Building Information
Year Built2023
Stories1
Land Information
APNR-12820-00L-0050-1
Lot Number5
SubdivisionTillage Farms Phase 1 (Gcn)
Land UseResidential
Legal DescriptionTILLAGE FARMS PHASE 1 (GCN), BLK L, LOT 5
Census Tract031008
Assessed Land Value$70,000
Assessed Improvement Value$101,511
Assessment Year2025
About this property
Cozy home with 3 bedrooms and 2 full bathrooms nestled in a quiet community adorned with nearby amenities. Close to schools, making this a perfect rental for someone with children. Great-sized backyard for entertainment and brand-new Range, Microwave, Dishwasher, Refrigerator, washer, and dryer! Internet is also already included in the monthly rent.
Investor Tools
$177,000
Estimated Property Value
$0Estimated Mortgage Balance
$177,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,062 /month
Positive
Cash Flow Estimate:
$354 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,683
$171,511
2025
$70,000
$101,511
$171,511
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,683
$171,511
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$171,511
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
N/A
+$2,810/mo
19.1%
12.4%