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Days69Days on Market
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$2,100

$330,000

229 Town Park Ave, Princeton, TX, 75407

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,277 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.64 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APNR-12489-00C-0150-1
Lot Number15
SubdivisionTown Park (Cpn)
Land UseResidential
Legal DescriptionTOWN PARK (CPN), BLK C, LOT 15
Census Tract031007
Assessed Land Value$100,000
Assessed Improvement Value$209,195
Assessment Year2025

About this property

Welcome to this charming, move-in-ready 3-bedroom, 2-bathroom home in a peaceful neighborhood. With 1,332 square feet of well-designed living space, this home offers modern finishes and a bright, open floor plan. The spacious kitchen features sleek countertops, stainless steel appliances, and ample cabinetry, perfect for entertaining or everyday living. Located just minutes from top-rated schools, this home is ideal for families. Enjoy access to the community HOA walking trail and playground, perfect for outdoor activities. The property also boasts a low tax rate, with no MUD or PID taxes. Don't miss out on this fabulous Princeton home!

Investor Tools

Property Icon
$317,000
Estimated Property Value
$328,711Estimated Mortgage Balance
$4,781Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

Interested in this property?

Cecelia Davis

Keller Williams Rockwall

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,757
$309,195
2025
$100,000
$209,195
$309,195
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,757
$309,195

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Va
$328,711
Yes
First
Oct 24, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,746
$14,254
4%
99%
$1,971/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$3,471/mo
$-1,321/mo
8.1%

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.

Explore Texas Explore This Area
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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