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$352,000

NAL Estimated Property Value

445 Grenada Lake Dr, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,029 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.01 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Washer, Other
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-12652-00A-0280-1
Lot Number28
SubdivisionLake Meadow Phase 1 (Gcn)
Land UseResidential
Legal DescriptionLAKE MEADOW PHASE 1 (GCN), BLK A, LOT 28
Census Tract031006
Assessed Land Value$100,000
Assessed Improvement Value$212,590
Assessment Year2025

About this property

Check out this beautifully built 4 Bed 3 Bath 2029+ sqft home located in the highly desired LAKE MEADOWS subdivision. House features vaulted ceilings, hard wood designed luxury vinyl plank flooring throughout first floor, 2 living areas. The kitchen includes granite countertops, refrigerator, gas stove oven, dishwasher, disposal, microwave and lots of cabinet space. The main living area utilizes large windows for natural lighting. The primary bedroom and bath features walk in closet, dual his and her sinks, and separate shower. Large secondary bedrooms. Full sized utility area includes washer and dryer. Upstairs is a huge game room or movie room or second living area. Private, fenced in backyard with patio makes it perfect for grilling and entertaining family and friends! Conveniently located to major roadways for quick & easy commutes to many local restaurants, shopping, schools, & grocery stores. Tenant Agents verify school info, measurements, etc. $350 per pet non-refund fee + $40 per pet rent. 30# dogs or less. Cats OK. Pet document must be pre-approved. Tenant pays utilities. ONLINE application at rpmonesource, click Search Rentals, scroll to property & pick Apply Now. Appl criteria: Credit score 600+=1-mth rent sec dep; 500-599=1-2-mth rent sec dep; 499 & below automatic denial. Income: 3x mth rent required. 2-yrs verifiable income thru paystubs, employment letter, or tax returns. 2-yrs verifiable rental or mortgage history. No foreclosures, felony convictions, bankruptcies, or evictions within past 7-yrs. Tenant pays 100 for portal activation fee after acceptance. No appl fees refunded. Mandatory RPM One Source tenant Resident Benefits Package for 60 per mth. Includes liability insurance, credit building reporting, up to $1M Identity Theft Protection, quarterly HVAC filter delivery, move-in utility concierge, resident reward program, pest control, & more.

Investor Tools

Property Icon
$352,000
Estimated Property Value
$306,470Estimated Mortgage Balance
$45,530Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,112 /month
Positive
Cash Flow Estimate:
$704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,871
$312,590
2025
$100,000
$212,590
$312,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,871
$312,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Fha
$325,997
Yes
First
Mar 28, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,470
$45,530
12%
87%
$1,955/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$1,955/mo
+$855/mo
9.6%

City: Princeton

445 Grenada Lake Dr | Property Details | No Agent List