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$1,975

5222 Fallenstone Way, Princeton, TX, 75407

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,994 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.99 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Microwave
FlooringVinyl

Exterior

Lot Size7,494 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12257-00P-0440-1
Lot Number44
SubdivisionBridgewater Phase 2
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 2, BLK P, LOT 44
Census Tract031008
Assessed Land Value$100,000
Assessed Improvement Value$226,285
Assessment Year2025

About this property

Welcome to this bright and inviting 4-bedroom, 2-bathroom home in Princeton’s desirable Bridgewater community! Offering a spacious single-story layout, abundant natural light, a generous kitchen with plenty of workspace, and a large backyard ideal for entertaining, relaxing, or enjoying the outdoors, this home combines comfort, functionality, and everyday convenience. The thoughtfully designed floor plan provides plenty of space for everyday living, with natural light flowing throughout the home to create a warm and welcoming atmosphere. The kitchen offers great space for meal preparation and entertaining, and the microwave, oven, and dishwasher were replaced approximately two years ago. Step outside to the large backyard, offering plenty of room for outdoor activities, gatherings, pets, gardening, or creating your own private retreat. Located directly across from the community amenities center, this home offers easy access to Bridgewater’s neighborhood amenities while maintaining the comfort and convenience of a well-established community setting. With its functional layout, bright living spaces, spacious kitchen, and great backyard, this home is a wonderful opportunity to enjoy comfortable living in Princeton.

Investor Tools

$295,215Estimated Mortgage Balance
$31,070Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,958 /month
Positive
Cash Flow Estimate:
$653 /month

Interested in this property?

Christie Cannon

LPT Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$712/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,918
$326,285
2025
$100,000
$226,285
$326,285
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,918
$326,285

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Fha
$324,512
Yes
First
Nov 17, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,215
$31,070
9%
90%
$1,946/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,646/mo
+$164/mo
10.3%

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.

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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5222 Fallenstone Way | Property Details | No Agent List