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$487,807

NAL Estimated Property Value

517 Parrino Parkway, Princeton, TX, 75407

Off MarketInfo
LeaseInfo
Beds5 Beds
Baths3 Bath
Baths2,200 Sq Ft
price_per_sqft$1.05 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Cooktop

Building Information

Year Built2024
Stories1
Garage Spaces2

Land Information

APNR-13371-00B-0230-1
Lot Number23
SubdivisionSicily Addition
Land UseResidential Single Family
Legal DescriptionSICILY ADDITION PHASE ONE (CPN), BLK B, LOT 23
Census Tract031005
Assessed Land Value$136,500
Assessed Improvement Value$351,307
Assessment Year2025

About this property

This stunning newly built 5-bedroom, 3-bathroom home spans 2,200 square feet and offers the perfect blend of modern design and functionality. Constructed in 2025, this home features an open floor plan that seamlessly connects the living, dining, and kitchen areas—ideal for both entertaining and everyday living. The spacious kitchen boasts contemporary finishes, ample counter space, and a central island, making it the heart of the home. The primary suite provides a private retreat with a well-appointed ensuite bath and generous closet space. Four additional bedrooms offer flexibility for a growing family, home office, or guest accommodations. A 2-car garage provides convenience and extra storage, while the home’s up-and-coming location ensures a rental opportunity with easy access to schools, shopping, and community amenities. With modern features and thoughtful design, this home is move-in ready and perfect for those looking for style, space, and a promising neighborhood. With the promised lagoon coming soon from megatel homes.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$203/month
$1,390/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$487,807
2025
$136,500
$351,307
$487,807
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$487,807

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$314,250
No
First
Jan 27, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,822
$180,985
37%
63%
$1,885/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$3,275/mo
$-465/mo
6.9%

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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517 Parrino Parkway | Property Details | No Agent List