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Days32Days on Market
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$259,000

$265,000

416 Carthage Dr, Princeton, TX, 75407

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths1,675 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.63 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12379-00Z-0270-1
Lot Number27
SubdivisionBridgewater Phase 3b (Gcn)
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 3B (GCN), BLK Z, LOT 27
Census Tract031008
Assessed Land Value$105,000
Assessed Improvement Value$184,270
Assessment Year2025

About this property

Take advantage of this rock bottom pricing! Make this your next home or rental property. This North facing home is the layout that investors and buyers are looking for. Step into modern comfort with this beautifully maintained 4-bedroom, 2-bath home. Thoughtfully designed with stylish upgrades throughout, this home features enhanced recessed lighting, new high-end appliances, and a spacious extended patio perfect for entertaining or relaxing outdoors. Inside, you’ll find a welcoming, open-concept layout with a neutral color palette and carefully chosen flooring and paint selections that make it truly move-in ready. The living areas offer plenty of natural light and versatile space for your lifestyle needs. Located in a vibrant community with pools, playgrounds, and walking trails, you’ll enjoy both tranquility and convenience—just a short drive to shopping, dining, and everyday essentials.

Investor Tools

$265,316Estimated Mortgage Balance
$25,399Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,736 /month
Positive
Cash Flow Estimate:
$579 /month

Interested in this property?

Elizabeth Hardwick

RE/MAX Four Corners

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$627/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,076
$289,270
2025
$105,000
$184,270
$289,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,076
$289,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$285,746
No
First
Jul 22, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,316
$23,954
8%
92%
$1,714/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,264/mo
+$546/mo
11.7%

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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416 Carthage Dr | Property Details | No Agent List