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$500,000

NAL Estimated Property Value

2459 County Road 447, Princeton, TX, 75407

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesDog Run, Private Yard

About this property

Calling all developers and equestrian land buyers! Discover a 7.4-acre equestrian haven in Princeton, Texas, featuring a Morton Barn with 11 stalls, including a mare-foal stall with paddock. The barn offers living quarters, a convertible storage unit, and a practical wash rack. Unveil the potential of an arena that can be restored to its original sand arena (see pictures), complete with working lights. Two additional barns in the divided back pasture, perfect for storage or extra stables. Backs up to the Corp of Engineer land, ensuring privacy and a scenic backdrop. Approach your exclusive flag lot retreat with a shared driveway access easement, combining convenience with serenity. Additional driveway easement with potential to be developed along with 2 additional Northern tracts that could total Around 36 Acres. Whether you're an avid equestrian or seeking a picturesque escape or developer in Princeton, check this one out! Many new residential developments in area.

Investor Tools

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$500,000
Estimated Property Value
$0Estimated Mortgage Balance
$500,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

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

City: Princeton

2459 County Road 447 | Property Details | No Agent List