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$349,585

NAL Estimated Property Value

508 Spur Ridge, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,193 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.91 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesGarden

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-12487-00W-0150-1
Lot Number15
SubdivisionWinchester Crossing Phase 3 (Cpn)
Land UseResidential
Legal DescriptionWINCHESTER CROSSING PHASE 3 (CPN), BLK W, LOT 15
Census Tract031007
Assessed Land Value$80,000
Assessed Improvement Value$269,585
Assessment Year2025

About this property

You will love all the beautiful UPGRADES & designer touches here, and the back yard is the Bomb! Positioned on a large, corner lot, this home shows at its best with custom paint & wood style flooring down, carpet up. The kitchen features white cabinets, large granite island, stainless appliances, gas range & walk-in pantry. The floorplan is open & spacious with soaring ceiling & abundant light. A 2nd bedroom near full bath are down as well as primary bedroom & bath. You'll find 2 bedrooms with full bath plus large loft living area up. The back yard is truly outstanding! You can rest comfortably in the shaded outdoor living area while watching children at play. The patio was extended several feet into the back yard for the full length of the house. A custom pergola built with a bar top on one side & 4 matching chairs is UV covered to keep the rain & sun at bay. There's a small garden & mulched play area. It's better than new!

Investor Tools

Property Icon
$349,585
Estimated Property Value
$388,102Estimated Mortgage Balance
$349,585Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,459 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,227
$349,585
2025
$80,000
$269,585
$349,585
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,227
$349,585

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Va
$400,000
Yes
First
Sep 3, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,102
N/A
0%
111%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,699/mo
+$111/mo
9.6%

City: Princeton

508 Spur Ridge | Property Details | No Agent List