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$308,207

502 Calm Springs Drive, Princeton, TX, 75407

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths1,653 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater

Exterior

Lot Size6,403 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12644-00G-0280-1
Lot Number28
SubdivisionWinchester Crossing Phase 6 (Cpn)
Land UseResidential
Legal DescriptionWINCHESTER CROSSING PHASE 6 (CPN), BLK G, LOT 28
Census Tract031007
Assessed Land Value$80,000
Assessed Improvement Value$228,207
Assessment Year2025

About this property

Beautiful and well-maintained 4 bedroom, 2 bath home for lease in Princeton, TX. This home features an open-concept layout that seamlessly connects the kitchen, dining, and living areas perfect for comfortable living and everyday functionality. The interior is exceptionally clean and tastefully decorated, creating a warm and inviting atmosphere throughout. Generously sized bedrooms provide flexibility for families, guests, or a home office setup. The kitchen offers ample cabinet and counter space, ideal for daily use and entertaining. The home has been well cared for and is move-in ready. Conveniently located in a growing area of Princeton with easy access to major roads, shopping, dining, and nearby schools. A great opportunity to lease a clean, stylish, and functional home in a desirable location.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$625/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,959
$308,207
2025
$80,000
$228,207
$308,207
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,959
$308,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$291,166
No
First
Dec 27, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,768
$35,439
11%
89%
$1,746/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$1,746/mo
+$1,064/mo
10.9%

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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502 Calm Springs Drive | Property Details | No Agent List