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Days40Days on Market
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$285,000

$290,000

305 Carthage Drive, Princeton, TX, 75407

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths1,675 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.15 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12379-00X-0510-1
Lot Number51
SubdivisionBridgewater Phase 3b (Gcn)
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 3B (GCN), BLK X, LOT 51
Census Tract031008
Assessed Land Value$110,000
Assessed Improvement Value$184,270
Assessment Year2025

About this property

Welcome to this beautifully situated 4-bedroom, 2-bathroom home on a prime corner lot in the vibrant Bridgewater community. With thoughtful extras already in place and resort-style amenities just a short walk away, this home is truly move-in ready from day one. The sellers are making the transition effortless by including the refrigerator, washer, and dryer — so you can skip the appliance shopping and start living. Step outside and you'll find an extended back patio perfect for morning coffee, weekend cookouts, or simply unwinding under the open sky. The corner lot adds extra yard space, enhanced curb appeal, and a level of privacy and breathing room that interior lots rarely offer. What truly sets this home apart is its walkable location to the Bridgewater Community Center — a hub of activity and fun for the whole family. Spend your weekends lounging poolside, serving up a match on the sand volleyball courts, testing your skills on the mini golf course, or soaking in the laid-back atmosphere of the community beach area. Cast a line at the fishing spot, or head over to the dedicated dog park, complete with a designated swimming area for your four-legged family members.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$0Estimated Mortgage Balance
$29,732Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

Interested in this property?

Courtney Peugh

Keller Williams Realty Allen

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,199
$294,270
2025
$110,000
$184,270
$294,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,199
$294,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$287,849
No
First
Aug 22, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,268
$29,732
10%
90%
$1,726/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,076/mo
+$734/mo
11.4%

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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