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$390,000

511 Auburn Forest Dr, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,193 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.84 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-12545-00F-0020-1
Lot Number2
SubdivisionWinchester Crossing Phase 5 (Cpn)
Land UseResidential
Legal DescriptionWINCHESTER CROSSING PHASE 5 (CPN), BLK F, LOT 2
Census Tract031007
Assessed Land Value$80,000
Assessed Improvement Value$267,313
Assessment Year2025

About this property

THE POPULAR COPAIBA FLOOR PLAN LOCATED IN WINCHESTER CROSSING WITHIN MINUTES OF SHOPPING AND DINNING. 12 MINUTES FROM MCKINNEY AND 75 TOLLWAY WITH EASY ACCESS TO HWY 5 THROUGH FM ROADWAYS. Princeton is the THIRD- FASTEST GROWING City in TEXAS and U.S. Like new, open floor plan with plenty of windows and natural light throughout. 4 bedrooms, 3 full baths, 2 story home. Two bedrooms are located on the first level which includes the primary bedroom and two bedrooms are located on the second level along with a second living area or a game room.This home offers an abundance of cabinetry, counter space and boasts a sizable granite island, stainless steel appliances and a walk in pantry.The primary bathroom is luxurious which includes a walk-in shower with bench, dual sinks, and a large walk in closet. The backyard has a nice size covered patio with plenty of outdoor space to enjoy the outdoors. Amenities included three pools, splash-pads and playgrounds.

Investor Tools

Property Icon
$347,313
Estimated Property Value
$313,100Estimated Mortgage Balance
$44,009Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$817/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,061
$347,313
2025
$80,000
$267,313
$347,313
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,061
$347,313

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$313,100
No
First
Aug 6, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,304
$44,009
12%
87%
$1,878/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,178/mo
+$632/mo
9.7%

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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511 Auburn Forest Dr | Property Details | No Agent List