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$261,794

NAL Estimated Property Value

502 Cochran Dr, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,470 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.07 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesWater Purifier, Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12379-00Y-0220-1
Lot Number22
SubdivisionBridgewater Phase 3b (Gcn)
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 3B (GCN), BLK Y, LOT 22
Census Tract031008
Assessed Land Value$100,000
Assessed Improvement Value$161,794
Assessment Year2025

About this property

INCREDIBLE EXTRAS and Move-In Ready! 10.815kW of SOLAR-GENERATED ENERGY provides for low to no-cost electric bills! *PAID OFF - NO COST TO THE BUYER* Ask about Seller Paid Rate Buydown. Step into this Charming Cottage-Style Home on a Premium Corner Lot—large Open-Concept living with 3 spacious bedrooms, and 2 full baths. REVERSE OSMOSIS WATER SYSTEM - kitchen sink, BOSCH SMART DISHWASHER, and SENSI SMART THEROSTAT! Enjoy gatherings and entertaining out back on the new patio with GAZEBO! Conveniently located steps away from the dog park and pond across the street. Why go on vacation when you live in a resort-like community with amenities galore? Two pools, game room, fitness center, 3 playgrounds, basketball court, waterfront beach area, putt-putt golf, and a stone's throw away from Lake Lavon. Only 36 miles from Dallas. Exceptional value for all you are getting with this home.

Investor Tools

Property Icon
$261,794
Estimated Property Value
$233,091Estimated Mortgage Balance
$28,703Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,357
$261,794
2025
$100,000
$161,794
$261,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,357
$261,794

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$236,550
No
First
Jul 1, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,091
$28,703
10%
89%
$1,419/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,969/mo
+$181/mo
9.9%

City: Princeton

502 Cochran Dr | Property Details | No Agent List