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$327,000

822 Madrono Drive, Princeton, TX, 75407

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,062 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.58 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Tankless Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size5,619 sqft

Building Information

Garage Spaces2

Land Information

APNR-13435-00R-0040-1
Lot Number4
SubdivisionCypress Creek
Land UseVacant Residential Lots Out Of City Under 5 A
Legal DescriptionCYPRESS CREEK PHASE 3 (GCN), BLK R, LOT 4; * (SEE R-13435-00R-0040-W FOR MUD ONLY ACCOUNT) * (SEE R-13435-00R-0040-W FOR MUD
Census Tract031007
Assessed Land Value$59,535
Assessment Year2025

About this property

- Assumable mortgage with a competitive rate - 4 bedrooms + a versatile flex space - Newly completed March 2025 (Lennar Cypress West – Elton Floorplan) - Stainless steel appliances included — refrigerator, dishwasher, and stove - Lawn-care tools included for immediate move-in convenience - Open-concept design with fireplace and abundant natural light - Covered patio for year-round outdoor enjoyment - Private owner’s suite with dual sinks, walk-in closet, and separate shower - Energy-efficient construction with enhanced insulation, smart thermostat, and eco-friendly windows - Sought-after Cypress Creek subdivision This stunning single-story home blends modern style with thoughtful functionality, offering beauty and convenience in every detail. The chef-inspired kitchen opens to a spacious family room perfect for gatherings, while expansive windows fill the home with natural light. The privately situated owner’s suite provides a serene retreat, and three additional bedrooms are located near the front of the home along with a flexible bonus space ideal for an office, playroom, or gym. A covered patio extends the living area outdoors, and energy-efficient features ensure long-term savings. Move-in ready and complete with essential appliances and tools, this Cypress Creek gem is enhanced by a rare assumable mortgage opportunity—delivering exceptional value you won’t find in most new construction.

Investor Tools

$302,459Estimated Mortgage Balance
$105,541Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,448 /month
Positive
Cash Flow Estimate:
$816 /month

Interested in this property?

Kasha Swanigan

Orchard Brokerage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$59,535
2025
$59,535
N/A
$59,535
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$59,535

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Fha
$307,880
Yes
First
May 13, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,459
$105,541
25%
74%
$1,846/mo

City: Princeton

822 Madrono Drive | Property Details | No Agent List