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$341,476

NAL Estimated Property Value

5814 Shady Hill Cir, Princeton, TX, 75407

Off MarketInfo
Baths0 Bath
Baths1,920 Sq Ft
price_per_sqft$78.13 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesNone

Exterior

Lot Size1.00 acres

Building Information

Year Built2000
Stories1

Land Information

APNR-4834-000-0A40-1
Lot NumberA-40
SubdivisionLake View Farm Addition (Gcn)
Land UseResidential
Legal DescriptionLAKE VIEW FARM ADDITION (GCN), LOT A-40; SN1: PH0515487A, SN2: PH0515487B, HUD1: TXS0591071, HUD2: TXS0591072
Census Tract031008
Assessed Land Value$115,000
Assessed Improvement Value$226,476
Assessment Year2025

About this property

GREAT OPPORTUNITY to build your home or have a mobile home placed on a RARE ONE ACRE lot located on the peninsula of LAKE LAVON. Enjoy the outdoor activities of great fishing, beaches, parks, picnic sites and numerous boat ramps that Lake Lavon offers. This property is near the lake and the Mary Mayfield Elementary School in Princeton ISO. The lot has a burnt out double wide mobile home which has no value, solar panels on the back of the lot are paid off and have no damage from fire, three out buildings with no damage from fire. The lot does need to be scraped by the buyer. Cars in photo have been removed. Please do not enter the home due to the fire damage. Seller does not have survey, buyer will need to purchase a new survey.

Investor Tools

Property Icon
$341,476
Estimated Property Value
$107,574Estimated Mortgage Balance
$233,902Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,049 /month
Positive
Cash Flow Estimate:
$683 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,295
$341,476
2025
$115,000
$226,476
$341,476
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,295
$341,476

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goodleap Llc
Conventional
$118,705
No
First
Jun 19, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,574
$233,902
68%
32%
$712/mo

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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5814 Shady Hill Cir | Property Details | No Agent List