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$324,881

NAL Estimated Property Value

506 Cool Canyon Trl, Princeton, TX, 75407

$336,425 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,794 Sq Ft
price_per_sqft$171.68 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Range, Microwave

Exterior

Lot Size6,316 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12644-00M-0180-1
Lot Number18
SubdivisionWinchester Crossing Phase 6 (Cpn)
Land UseResidential
Legal DescriptionWINCHESTER CROSSING PHASE 6 (CPN), BLK M, LOT 18
Census Tract031007
Assessed Land Value$80,000
Assessed Improvement Value$244,881
Assessment Year2025

About this property

Stunning 4-bedroom, 2-bath home located in one of Princeton’s newest and fastest-growing neighborhoods. Designed with modern living in mind, this home offers spacious interiors and access to top-tier community amenities, including 3 neighborhood pools, beautifully maintained parks, and nearby walking trails perfect for active lifestyles. Step inside to an open-concept layout that flows effortlessly from the living room to the dining area and into the stylish kitchen—complete with a center island featuring a built-in sink, ideal for meal prep and entertaining. The private primary suite includes a walk-in closet and walk in shower, while three additional bedrooms provide plenty of space for family, guests, or a home office. Enjoy the peace of suburban living with the convenience of nearby schools, shopping, and dining—just a short drive from the heart of the city. This is more than just a home **it’s your new beginning in Princeton!**

Investor Tools

Property Icon
$324,881
Estimated Property Value
$247,811Estimated Mortgage Balance
$77,070Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$336,424
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,263
$324,881
2025
$80,000
$244,881
$324,881
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,263
$324,881

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Assumption
$249,990
Yes
First
Nov 14, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,811
$77,070
23%
76%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$1,799/mo
+$1,011/mo
10.4%

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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506 Cool Canyon Trl | Property Details | No Agent List