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$169,000

$179,000

Lot 2 CR 561, Princeton, TX, 75407

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About this property

Looking for your new home site? This might just be it! Bring your builder and come take a look! Imagine being able to walk to Sister Grove Park to hike or fish or take your boat out on Lake Lavon. With easy access to both, the property has 130 feet of road frontage and is 335 feet deep. Water is at the road on the SW corner of the property and electric is at the road as well. Requires a septic system. No mobile homes.

Investor Tools

$0Estimated Mortgage Balance
$169,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

Interested in this property?

Pam Matlock

Matlock Real Estate Group

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Financing Details

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

City: Princeton