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Owner Contacts

$1,330,906

NAL Estimated Property Value

2589 County Road 447, Princeton, TX, 75407

Off Market

3 Beds

3 Bath

3,425 Sq Ft

$394.16 / sqft

Built in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Electric Water Heater, Microwave, Convection Oven, Double Oven, Warming Drawer, Other

FlooringBamboo, Tile, Vinyl

Exterior

Private Pool

Lot Size10.00 acres

Building Information

Year Built1978

Stories1

Roof Type105

Garage Spaces2

Land Information

APNR-6890-002-0830-1

Lot Number83

SubdivisionS D Terry Survey

Land UseResidential

Legal DescriptionABS A0890 S D TERRY SURVEY, SHEET 2, TRACT 83, 10.001 ACRES

Census Tract031007

Assessed Land Value$700,070

Assessed Improvement Value$630,836

Assessment Year2025

About this property

Beautiful home located on 10+ acres in Princeton; gated & fenced with mature trees abound & plenty of shade from the summer sun. Open floor plan features 3 bedrooms, 2.5 baths & offers a REMODELED gourmet kitchen with granite counter tops, double convection oven, warming drawer, Induction stove top & a large center island with plenty of seating for guests. Spacious dining room for a large table to entertain family & friends. Adjacent to large living room with 2-sided electric fireplace & built-in storage—connects to the family room which offers additional entertainment space for large gatherings. Game room opens to a 20' x 24' covered patio. Separate guest house for in-laws or guests with kitchen & Bath. Possibilities for entertainment venue, VRBO or equestrian center! Additional features include 8 more buildings, shop, garage & apartment, 4 stall horse barn & tack bldg. 13 x 26 building with heat & air. 9 acres are currently AG exempt. Furniture & appliances are negotiable.

Investor Tools

$1,330,906

Estimated Property Value

$0Estimated Mortgage Balance

$1,330,906Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,100 /month

Positive

Cash Flow Estimate:

$2,700 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,428/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,486

$1,330,906

2025

$700,070

$630,836

$1,330,906

Tax History

Year

Tax Paid

Assessed Value

2024

$10,486

$1,330,906

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,330,906

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,150/mo

N/A

+$2,150/mo

1.9%

Learn About the Market: Opportunity in Texas

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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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