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$342,000

619 Delaware Ave, Princeton, TX, 75407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,182 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.05 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-12300-00H-0230-1
Lot Number23
SubdivisionMonticello Park - Phase 1(Cpn)
Land UseResidential
Legal DescriptionMONTICELLO PARK - PHASE 1(CPN), BLK H, LOT 23
Census Tract031005
Assessed Land Value$100,000
Assessed Improvement Value$239,774
Assessment Year2025

About this property

This spacious 2 story home has 4 beds, 2.5 baths, 2 car garage and was built in 2022. It’s in move-in ready!! Landlord is providing a large modern refrigerator and a matching washer dryer set. Pets are welcome. The down stairs is open concept living with the combination living, dining, and kitchen. The kitchen has all stainless steel appliances, granite counters and a walk-in pantry. Also downstairs is a large living area and half bath. Upstairs is the master bedroom with private ensuite bath, 3 secondary bedrooms, a second full bath and the laundry room with full size washer and dryer. The color scheme is a very light neutral grey which will accommodate most decor. Landlord will consider negative credit history on case by case basis

Investor Tools

Property Icon
$342,000
Estimated Property Value
$382,273Estimated Mortgage Balance
$0Estimated Equity
-12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,154
$339,774
2025
$100,000
$239,774
$339,774
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,154
$339,774

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocio Mortgage Llc
Conventional
$382,273
No
First
Sep 26, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$356,218
N/A
0%
104%
$2,292/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,292/mo
$-142/mo
7.5%

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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619 Delaware Ave | Property Details | No Agent List