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$632,000

NAL Estimated Property Value

2609 Princeton Drive, Flower Mound, TX, 75022

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,524 Sq Ft
price_per_sqft$119.18 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,394 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR146017
Lot Number3
SubdivisionLake Forest Ph 2 North
Land UseResidential
Legal DescriptionLAKE FOREST PH 2 NORTH BLK B LOT 3
Census Tract021750
Assessed Land Value$119,175
Assessed Improvement Value$433,194
Assessment Year2025

About this property

Gorgeous & expansive home in sought-after Lake Forest offers the perfect floorplan & excellent location within walking distance of both outstanding elementary & middle schools and the high school! Upgrades-features are....laminate hardwoods up & down*elegant formals*spacious kitchen with island, abundant cabinetry, stainless DW & microwave & open to large family room with soaring ceilings & FP*Texas-sized gameroom up*split & spacious master suite down-large jetted bath & WIC*HVAC updated in 18*3 bedrooms up*front-entry garage*nice-sized backyard*water heaters updated & more! This home is priced to sell & can accommodate a quick closing. #realtytown3

Investor Tools

Property Icon
$632,000
Estimated Property Value
$345,289Estimated Mortgage Balance
$286,711Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,792 /month
Positive
Cash Flow Estimate:
$1,264 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$867/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,250
$552,369
2025
$119,175
$433,194
$552,369
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,250
$552,369

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Edrup Inc
Conventional
$382,500
No
First
Apr 22, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,289
$286,711
45%
55%
$2,294/mo

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: Flower Mound

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2609 Princeton Drive | Property Details | No Agent List