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$327,000

509 Poplar St, Princeton, TX, 75407

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,616 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.35 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size5,619 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12365-00R-0150-1
Lot Number15
SubdivisionArcadia Farms Phase 6 (Cpn)
Land UseResidential
Legal DescriptionARCADIA FARMS PHASE 6 (CPN), BLK R, LOT 15
Census Tract031007
Assessed Land Value$100,000
Assessed Improvement Value$209,249
Assessment Year2025

About this property

PRICE IMPROVEMENT! Step into this beautifully designed home located in the sought-after Arcadia Farms community of Princeton, Texas. A long entry hallway sets the tone with thoughtfully placed wall hooks, creating a convenient drop zone that offers the function of a mudroom, perfect for everyday organization. With 1,616 square feet of living space, this residence blends modern design, updated fixtures, and comfortable living. Enjoy access to impressive community amenities including a resort-style pool, parks, walking and biking trails. The spacious backyard is an entertainer’s dream, featuring a covered patio with a mounted TV—ideal for relaxing evenings or weekend gatherings. There’s also plenty of room for gardening, play, or designing your own outdoor retreat. No history of pets previously in the home.

Investor Tools

$320,880Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,962 /month
Positive
Cash Flow Estimate:
$654 /month

Interested in this property?

Miriam Melendez

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,000
$309,249
2025
$100,000
$209,249
$309,249
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,000
$309,249

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$344,350
No
First
Sep 2, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,880
N/A
0%
104%
$2,065/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,465/mo
$-315/mo
8.3%

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.

Explore Texas Explore This Area
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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