Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$307,569

NAL Estimated Property Value

502 Desert Lane, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,598 Sq Ft
price_per_sqft$156.45 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt-In Gas Range, Convection Oven, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-11532-00I-0110-1
Lot Number11
SubdivisionArcadia Farms Phase 2b (Cpn)
Land UseResidential
Legal DescriptionARCADIA FARMS PHASE 2B (CPN), BLK I, LOT 11
Census Tract031007
Assessed Land Value$100,000
Assessed Improvement Value$207,569
Assessment Year2025

About this property

No MUD, No PID and better than new - loaded with upgrades! This immaculate 3 Bed, 2 Bath home has upgraded wood tile flooring throughout entry, hallway, kitchen and open concept living room. The eat-in kitchen is a chef's delight with breakfast bar, gas range, convection oven and quartz countertops. The private master bedroom has dual sinks, walk-in closet and oversized shower. Check out the valuable move-in ready upgrades . . . garage epoxy flooring, full gutters throughout, oversized covered patio, expansive french drain around the home, extra concrete slab for trash cans and upgraded landscaping. Easy walking access to Lowe Elementary as well as to the community amenities - pool, playground and sport fields!

Investor Tools

Property Icon
$307,569
Estimated Property Value
$206,290Estimated Mortgage Balance
$101,279Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,845 /month
Positive
Cash Flow Estimate:
$615 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,404
$307,569
2025
$100,000
$207,569
$307,569
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,404
$307,569

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$231,725
Yes
First
Sep 16, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,290
$101,279
32%
67%
$1,390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,790/mo
+$360/mo
8.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

502 Desert Lane | Property Details | No Agent List