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$262,000

NAL Estimated Property Value

5228 Longshadow Dr, Princeton, TX, 75407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,260 Sq Ft
price_per_sqft$196.43 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-12082-00G-0310-1
Lot Number31
SubdivisionBridgewater Phase 1b (Gcn)
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 1B (GCN), BLK G, LOT 31
Census Tract031008
Assessed Land Value$100,000
Assessed Improvement Value$146,331
Assessment Year2025

About this property

Absolutely adorable home in the highly sought after Bridgewater neighborhood in Princeton. Situated close to Lake Lavon, this home is perfect for a starter home or if you are looking to downsize. Luxury vinyl plank flooring throughout the main areas, carpet in bedroom. Beautifully updated shower in the primary suite with a spacious sink area and walk in closet. On one of the largest lots in the neighborhood, there is room to roam for kids and pets. The back covered patio offers shade in the warm months, with tons of room to cookout or entertain. This charming home is just waiting for it's new owners. Make your appointment today.

Investor Tools

Property Icon
$262,000
Estimated Property Value
$185,251Estimated Mortgage Balance
$76,749Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,003
$246,331
2025
$100,000
$146,331
$246,331
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,003
$246,331

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$188,000
No
First
Jul 25, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,251
$79,749
30%
71%
$1,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,753/mo
+$397/mo
9.8%

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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5228 Longshadow Dr | Property Details | No Agent List