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$284,613

NAL Estimated Property Value

505 Lacebark Dr, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,445 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.61 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Range, Microwave
FlooringCarpet, Tile

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-11532-00H-0030-1
Lot Number3
SubdivisionArcadia Farms Phase 2b (Cpn)
Land UseResidential
Legal DescriptionARCADIA FARMS PHASE 2B (CPN), BLK H, LOT 3
Census Tract031007
Assessed Land Value$95,000
Assessed Improvement Value$189,613
Assessment Year2025

About this property

Welcome to this Master-planned community of Arcadia Farms in Princeton, featuring a 3 bedroom, 2 bath, open concept Lennar Homes floor plan. Bring your handyman skills this home needs paint and carpet to make this home new again! The primary bedroom features an oversized shower, dual sinks, a walk-in closet, and a separate linen closet. The backyard offers a nice covered patio for those hot summer days. Community amenities include a pool, kids splash pad, playground, dog park, pavilion, soccer fields, and basketball courts. Close to shopping & Hwy 75!

Investor Tools

Property Icon
$284,613
Estimated Property Value
$304,248Estimated Mortgage Balance
$284,613Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$678/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,719
$284,613
2025
$95,000
$189,613
$284,613
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,719
$284,613

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Fha
$309,294
Yes
First
Aug 29, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,248
N/A
0%
107%
$1,922/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,372/mo
$-222/mo
9.1%

City: Princeton

505 Lacebark Dr | Property Details | No Agent List