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$299,000

NAL Estimated Property Value

405 Delmar Dr, Princeton, TX, 75407

SoldInfo
7/21/26
Beds5 Beds
Baths3 Bath
Baths2,711 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.29 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12946-00E-0140-1
Lot Number14
SubdivisionForest Park
Land UseResidential
Legal DescriptionFOREST PARK PHASE 1 (CPN), BLK E, LOT 14
Census Tract031003
Assessed Land Value$100,000
Assessed Improvement Value$292,006
Assessment Year2025

About this property

$5000 Seller Consession Come tour this beautiful, move-in-ready home featuring **5 bedrooms, 3 bathrooms, and over 2,700 sq. ft.** of thoughtfully designed living space! Built in 2024, this home offers an open-concept layout, a spacious kitchen with granite countertops, stainless steel appliances, a large island, and a first-floor primary suite. Upstairs, you'll find generously sized secondary bedrooms and a versatile game room, providing plenty of space for work, play, or relaxing. Enjoy a covered patio, private backyard, and all the benefits of living in the growing Forest Park community. Don't miss this opportunity to explore one of Princeton's newest homes. We look forward to seeing you this Sunday from **2:00 PM to 4:00 PM**!

Investor Tools

Property Icon
$392,006
Estimated Property Value
$432,598Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,352 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,106
$392,006
2025
$100,000
$292,006
$392,006
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,106
$392,006

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M/I Financial Llc
Unknown
$450,184
No
First
May 2, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,598
N/A
0%
110%
$2,700/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$3,550/mo
$-740/mo
8.6%

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.

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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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405 Delmar Dr | Property Details | No Agent List