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$220,000

720 Lighthouse St, Princeton, TX, 75407

$231,852 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,099 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.18 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Water Softener
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Kennel, Outdoor Shower, Storage
Lot Size6,011 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APNR-13075-00M-0060-W
Lot Number6
SubdivisionRanger Crossing
Land UseSingle Family Residential Assumed
Legal DescriptionRANGER CROSSING PHASE 2 (GCN), BLK M, LOT 6; SEE R-13075-00M-0060-1 FOR OTHER ENTITIES SEE R-13075-00M-0060-1 FOR OTHER ENT
Census Tract031008
Assessed Land Value$80,000
Assessed Improvement Value$83,517
Assessment Year2024

About this property

Welcome home to one of North Texas' fastest growing cities! Located in Princeton, this home offers the perfect balance of affordability, convenience, and modern living. The open concept floor plan is ideal for everyday living and entertaining, whether you're hosting game nights, family gatherings, or friends for the weekend. The extended patio creates the perfect outdoor space for relaxing evenings, BBQs, and making memories. One of our favorite features is the large backyard, with plenty of room for pets, kids, gardening, or simply enjoying the outdoors. The 2 car garage and backyard storage shed provide extra space for hobbies, projects, and storage. Residents enjoy community amenities including a pool, playground, and walking trails. Princeton continues to grow with new retail, dining, and community developments while maintaining its small-town feel. Conveniently located just 20 minutes from H-E-B and Downtown McKinney, 25 minutes from Allen Premium Outlets, and 30 minutes from Buc-ee's, you'll enjoy easy access to shopping, dining, and entertainment while still enjoying the value and space Princeton offers. If you're looking for a first home, down sizing, or growing your investment portfolio this open concept home, great outdoor living space, and a thriving community, is a must-see! ASK ABOUT THE WATER FILTRATION, SOFTENER, AND REVERSE OSMOSIS! WALKING DISTANCE TO LAKE LAVON!

Investor Tools

Property Icon
$215,000
Estimated Property Value
$0Estimated Mortgage Balance
$215,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$231,852
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

Interested in this property?

Natalie Broom

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$163,517
2024
$80,000
$83,517
$163,517
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$163,517

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$215,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$550/mo
+$1,160/mo
9.5%

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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720 Lighthouse St | Property Details | No Agent List