$1,600
702 Slocum Way, Princeton, TX, 75407
Pending
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Building Information
Year Built2020
Stories1
Garage Spaces2
Land Information
APNR-12082-00H-0100-1
Lot Number10
SubdivisionBridgewater Phase 1b (Gcn)
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 1B (GCN), BLK H, LOT 10
Census Tract031008
Assessed Land Value$100,000
Assessed Improvement Value$122,783
Assessment Year2025
About this property
Welcome to 702 Slocum Way in Princeton, TX — a charming and well-maintained single-story home offering comfortable, modern living in a growing community. Built in 2020, this 2-bedroom, 1-bath residence features approximately 1,012 square feet of thoughtfully designed living space with an open-concept layout, a bright living area, and a functional kitchen with ample cabinet space and an island perfect for everyday meals or entertaining. The home includes durable flooring, a spacious primary bedroom, a walk-in closet, and a convenient attached two-car garage.
Investor Tools
$149,693Estimated Mortgage Balance
$73,699Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,337 /month
Positive
Cash Flow Estimate:
$446 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,064
$222,783
2025
$100,000
$122,783
$222,783
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,064
$222,783
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eagle Home Mortgage Llc
Conventional
$168,149
No
First
Oct 29, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,693
$73,090
32%
67%
$1,009/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$1,009/mo
+$701/mo
9.2%
