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$202,000

785 Slocum Way, Princeton, TX, 75407

$262,600 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,265 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.49 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Laminate, Vinyl

Building Information

Year Built2020
Garage Spaces1

Land Information

APNR-12082-00G-002U-1
Lot Number2
SubdivisionBridgewater Phase 1b (Gcn)
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 1B (GCN), BLK G, LOT 2; UDI2021, UNDIVIDED INTEREST 50.0000000000% UDI2021
Census Tract031008
Assessed Land Value$50,000
Assessed Improvement Value$72,562
Assessment Year2024

About this property

Honey, Stop the Car! This adorable and affordable home located in Bridgewater Community is meticulously maintained. Includes Washer, Dryer and Refrigerator! Notice the open-concept floor plan, featuring easy-care vinyl plank flooring and ample space, perfect for relaxing and entertaining family and friends. The chef’s kitchen is a delight, featuring a double wide fridge, abundant cabinet space and stunning white quartz countertops perfect for culinary enthusiasts. Enjoy the privacy and tranquility of huge prime lot with no neighbors in back yard. On site is 2-year-old Elementary School. You will love resort community & amenities feat: swimming pool, lazy river, water games for kids, rock climbing, clubhouse, fitness center, dog park, miniature golf, basketball, volleyball, playground, picnic tables, grills, catch and release pond and more. Calling all kids who love movies & ice cream. HOA-planned seasonal events! Conveniently located near Lavon Lake, shopping & dining.

Investor Tools

Property Icon
$202,000
Estimated Property Value
$0Estimated Mortgage Balance
$202,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$262,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,695
$122,562
2024
$50,000
$72,562
$122,562
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,695
$122,562

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,000
100%
0%
$0/mo

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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785 Slocum Way | Property Details | No Agent List