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$247,000

$249,900

554 Deerfern Dr, Princeton, TX, 75407

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.03 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesLighting, Private Yard

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12257-00N-0080-1
Lot Number8
SubdivisionBridgewater Phase 2
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 2, BLK N, LOT 8
Census Tract031008
Assessed Land Value$100,000
Assessed Improvement Value$147,855
Assessment Year2025

About this property

ASSUMABLE FHA 2.75% interest rate! Back on Market at no fault to seller! Better than new and truly move-in ready! From the moment you walk in, you'll notice the pride of ownership and thoughtful upgrades throughout. The light and bright open-concept floorplan offers modern finishes, spacious living areas, and seamless flow perfect for entertaining. Step outside to your covered back patio complete with a custom bar set up, creating the ideal space for game nights, gatherings, or relaxing evenings at home. One of the standout features? Permanent exterior JellyFish lighting that adds both curb appeal and year-round customizable ambiance for holidays, game days, or everyday elegance. If you are looking for a turn-key home with upgrades already done for you, this one check all the boxes. Conveniently located near schools, shopping, and major commuting routes. This home is ready to start making memories with its new owner.

Investor Tools

$108,942Estimated Mortgage Balance
$139,236Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,487 /month
Positive
Cash Flow Estimate:
$496 /month

Interested in this property?

Chainey Ramirez

Bradford Elite Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$520/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,003
$247,855
2025
$100,000
$147,855
$247,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,003
$247,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Matthew E Olszewski
Seller Carryback / Seller Financing / Seller Take-Back
$109,900
No
First
Nov 26, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,942
$143,058
56%
44%
$659/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,359/mo
+$791/mo
10.4%

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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