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$395,000

5127 Penrose Dr, Princeton, TX, 75407

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,347 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.3 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwnings
Lot Size10,368 sqft

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12919-00C-0140-1
Lot Number14
SubdivisionBridgewater
Land UseResidential Single Family
Legal DescriptionBRIDGEWATER PHASE 7B (GCN), BLK C, LOT 14
Census Tract031008
Assessed Land Value$92,000
Assessed Improvement Value$253,564
Assessment Year2026

About this property

THIS IS AN ASSUMABLE LOAN OPPORTUNITY WITH INTEREST RATE AT 5.375%! Welcome to 5127 Penrose Dr in Princeton, TX, a 2023-built, true one-and-a-half story home with 2,347 sq ft and ALL 4 bedrooms on the first floor, plus two full baths and a convenient half bath for guests. Set on an oversized .236 acre corner lot, this home offers extra outdoor space and great curb appeal. Inside, you'll find tile that looks like white oak hardwood flooring, giving you the warm, modern look without the upkeep. Upgraded plush carpet in all bedrooms adds comfort where you want it most. The kitchen is made for gathering, featuring a HUGE oversized island, an electric stovetop and oven, and plenty of storage space for everything from everyday dishes to specialty cookware. Located in the master-planned community of Bridgewater, with a lifestyle director and plenty of activities to entertain the entire family, this home delivers both value and a vibrant neighborhood. With a low assumable rate in today's market, this one won't last. Schedule your showing today!

Investor Tools

$350,112Estimated Mortgage Balance
$345,564Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

Interested in this property?

Christie Cannon

LPT Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,214
$345,564
2026
$92,000
$253,564
$345,564
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,214
$345,564

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Fha
$369,860
Yes
First
Nov 3, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,112
N/A
0%
101%
$2,218/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,918/mo
$-108/mo
9.8%

City: Princeton