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$293,031

5908 Crystal Water Way, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.34 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Electric Cooktop, Microwave, Refrigerator

Building Information

Year Built2024
Stories1
Garage Spaces2

Land Information

APNR-12958-00C-0180-1
Lot Number18
SubdivisionBridgewater
Land UseResidential Single Family
Legal DescriptionBRIDGEWATER PHASE 6 (GCN), BLK C, LOT 18
Census Tract031008
Assessed Land Value$105,000
Assessed Improvement Value$188,031
Assessment Year2025

About this property

Immediately available! This home is now available for lease, situated in the beautiful Lennar at Bridgewater neighborhood! This home has an open floor plan with plenty of natural light, great for entertaining with beautiful luxury vinyl plank flooring throughout all common areas. Trendy eat-in kitchen boasts granite countertops, a pantry and all new appliances (cooking range, microwave, dishwasher and 3 door refrigerator) included in the lease. The owner suite enjoys privacy situated at the end of the home with its own bathroom and a good size closet. The unit also has a laundry with new washer and dryer installed. This home sits on a premium lot which faces a water body and is opposite to the clustered street mailbox. Tenant will enjoy full privacy in the front and as well as in the back yard. Enjoy the great outdoors with multiple parks, trails, and a resort-style community pool. New Elementary school is less 0.2 miles.

Investor Tools

Property Icon
$293,031
Estimated Property Value
$210,000Estimated Mortgage Balance
$89,925Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$773
$293,031
2025
$105,000
$188,031
$293,031
No

Tax History

Year
Tax Paid
Assessed Value
2024
$773
$293,031

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$210,000
No
First
Jul 30, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,106
$89,925
30%
69%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$1,260/mo
+$1,550/mo
11.5%

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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5908 Crystal Water Way | Property Details | No Agent List