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$308,444

NAL Estimated Property Value

503 Harrelson Drive, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,938 Sq Ft
price_per_sqft$133.9 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesBalcony, Rain Gutters, Storage

Building Information

Year Built1965
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-0964-002-0210-1
Lot Number21
SubdivisionNorthside Addition (Cpn)
Land UseResidential
Legal DescriptionNORTHSIDE ADDITION (CPN), BLK B, LOT 21
Census Tract031005
Assessed Land Value$60,000
Assessed Improvement Value$248,444
Assessment Year2025

About this property

Uniquely Charming Home in Princeton proper. This gorgeous house boasts 4 Bedrooms and 3 Full Baths and is located minutes from schools! Hard to find, two Workshops with Electricity, Storage and 220V in the oversize backyard! Recent updates and remodels include new lifetime Roof, Windows, Front Door, HVAC, Granite Counters, Carpet, SS Appliances and Shutters. Refrigerator included. New Garage Door, Sink Disposal and Gutters. A Lovely balcony in the Master Bedroom overlooks the peaceful backyard ! Don't miss out ! No HOA !

Investor Tools

Property Icon
$308,444
Estimated Property Value
$225,442Estimated Mortgage Balance
$83,002Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,851 /month
Positive
Cash Flow Estimate:
$617 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,283
$308,444
2025
$60,000
$248,444
$308,444
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,283
$308,444

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Access Community Cu
Conventional
$251,715
No
First
Dec 18, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,442
$83,002
26%
73%
$1,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$1,510/mo
+$1,300/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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503 Harrelson Drive | Property Details | No Agent List