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$307,888

506 Rawhide Way, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,658 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.04 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-11995-00M-0330-1
Lot Number33
SubdivisionWinchester Crossing Phase 2 (Cpn)
Land UseResidential
Legal DescriptionWINCHESTER CROSSING PHASE 2 (CPN), BLK M, LOT 33
Census Tract031007
Assessed Land Value$80,000
Assessed Improvement Value$227,888
Assessment Year2025

About this property

Gorgeous, hard to find 4 bedroom 1 story built in late 2020! Meticulously maintained & full of upgrades! Ideal open floorplan, wood-like floors in main areas & neutral tones throughout. Gourmet kitchen has granite counters, subway tile backsplash, walk-in pantry, stainless steel appliances including gas range & huge island, all overlooking dining area & spacious living room. Secluded primary suite offers great views of backyard, dual sinks, spacious shower & large walk-in closet. Perfectly placed secondary bedrooms with 2 having walk-in closets! Other features include gas tankless water heater, full Smart Home suite, expoxy garage floor, front stone accents, seamless gutters & upgraded irrigation system. Prepare for relaxation on the picturesque extended patio overlooking large backyard. Desirable Winchester Crossing offers 2 community pools, splash pad, playgrounds & park all within walking distance from the home.

Investor Tools

Property Icon
$307,888
Estimated Property Value
$329,800Estimated Mortgage Balance
$18Estimated Equity
-7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,543
$307,888
2025
$80,000
$227,888
$307,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,543
$307,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Petra Mortgage Llc
Conventional
$329,800
No
First
Oct 11, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,870
$18
0%
100%
$1,978/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,203/mo
+$607/mo
11.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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 Rawhide Way | Property Details | No Agent List