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$287,390

5308 Lavender Dr, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,675 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.1 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12379-00S-0280-1
Lot Number28
SubdivisionBridgewater Phase 3b (Gcn)
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 3B (GCN), BLK S, LOT 28
Census Tract031008
Assessed Land Value$105,000
Assessed Improvement Value$182,390
Assessment Year2025

About this property

$10,000.00 Homebuyer Access Grant Available for this home! Welcome to 5308 Lavender Drive — where comfort, style, and community come together. This beautifully cared-for 4-bedroom, 2-bath home sits in the heart of one of Princeton’s most vibrant neighborhoods, packed with resort-style amenities and friendly faces. From the moment you arrive, the charming curb appeal draws you in — a manicured lawn, a welcoming covered porch, and a touch of Texas warmth that instantly feels like home. Step inside and discover an open, sunlit floor plan designed for modern living. The spacious living room flows naturally into the dining area and a sleek, functional kitchen, complete with ample cabinetry, generous counter space, and a breakfast bar perfect for coffee conversations or casual dining. Your private primary suite offers a peaceful retreat, featuring a large walk-in closet and a spa-inspired ensuite bath where you can unwind after a long day. Three additional bedrooms provide flexible space for guests, a home office, gym, or creative studio — whatever fits your lifestyle best. Outside, enjoy Texas evenings in your private backyard, ideal for barbecues, playtime, or simply relaxing under the stars. And when you’re ready for a little more action, the community has it all — a clubhouse, resort-style pool, fitness center, scenic jogging and bike trails, parks, playgrounds, and even a Putt Putt course for weekend fun.

Investor Tools

Property Icon
$287,390
Estimated Property Value
$265,599Estimated Mortgage Balance
$42,574Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,724 /month
Positive
Cash Flow Estimate:
$575 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,354
$287,390
2025
$105,000
$182,390
$287,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,354
$287,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$265,599
Yes
First
Mar 9, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,816
$42,574
14%
85%
$1,593/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,143/mo
+$667/mo
11.7%

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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5308 Lavender Dr | Property Details | No Agent List