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$255,000

613 Jefferson Avenue, Princeton, TX, 75407

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,288 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.98 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringVinyl

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0970-006-001A-1
Lot Number1A
SubdivisionScott Wilson Addition (Cpn)
Land UseResidential
Legal DescriptionSCOTT WILSON ADDITION (CPN), BLK F, LOT 1A
Census Tract031005
Assessed Land Value$57,000
Assessed Improvement Value$57,744
Assessment Year2025

About this property

Situated on nearly half an acre, this completely remodeled and move-in ready property offers a rare combination of updated living space, a large usable lot, and room to grow. With plenty of space to add a workshop, additional detached garage, extended parking, outdoor entertaining area, or future improvements this oversized lot is one of this homes standout features and offers flexibility that is hard to find at this price point along with no HOA. Love the look and feel of a brand-new home? This property has been completely transformed down to the studs offering modern finishes, updated systems and the peace of mind that comes with nearly everything being new. Inside you’ll find a bright open-concept layout with updated flooring, fresh paint, modern fixtures and abundant natural light throughout. Spacious kitchen features stylish cabinetry, Quartz countertops, stainless steel appliances and generous prep and storage space making it ideal for everyday living and entertaining alike. Living and dining spaces flow seamlessly together creating a warm and inviting atmosphere. Both bathrooms have been fully updated with contemporary finishes, while the spacious primary suite offers comfort and privacy. Major improvements including foundation work with transferable warranty, updated HVAC system, roof, electrical, drywall, flooring and more provide peace of mind for future homeowners. Outside the fully fenced backyard offers endless possibilities for pets, play, gardening, entertaining or future additions. Covered front and back porches create additional outdoor living space while the private underground storm shelter adds a rare and practical feature not often found at this price point. Whether you’re a first-time buyer, downsizing, or looking for an affordable fully updated home with land and flexibility, this property delivers exceptional value and move-in-ready convenience.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$0Estimated Mortgage Balance
$252,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Beckye Evans

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,669
$114,744
2025
$57,000
$57,744
$114,744
Yes (2018)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,669
$114,744

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$252,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
10.2%

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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613 Jefferson Avenue | Property Details | No Agent List