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$220,000

5609 Timber Point Dr, Princeton, TX, 75407

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,262 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.33 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
FlooringCarpet, Luxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Lot Size5,907 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12554-0OO-0360-1
Lot Number36
SubdivisionBridgewater Phase 4b (Gcn)
Land UseResidential
Legal DescriptionBRIDGEWATER PHASE 4B (GCN), BLK OO, LOT 36
Census Tract031008
Assessed Land Value$80,000
Assessed Improvement Value$131,270
Assessment Year2026

About this property

Nestled in the welcoming Bridgewater community just minutes from Lake Lavon, this beautiful single-story home features three comfortably sized bedrooms and two full bathrooms. The light-filled, open floor plan flows effortlessly, anchored by a stylish kitchen with gleaming white quartz countertops, an extended peninsula for gathering, and rich wood cabinetry. Easy-care luxury vinyl plank flooring runs through the main living areas, complemented by soft, cozy carpet in the bedrooms. Step outside into the spacious, fully fenced grassy backyard—a private canvas ready for your personal touch, complete with an attached two-car garage. Living here means enjoying a vibrant neighborhood lifestyle with access to resort-style amenities, including a pool with a lazy river and splash pad, a state-of-the-art fitness center, a clubhouse, a dog park, playgrounds, and miles of scenic walking trails. Situated just moments from top-rated schools, local shopping, dining, and major commuter routes, this property seamlessly combines peaceful everyday living with unmatched convenience.

Investor Tools

$163,788Estimated Mortgage Balance
$72,212Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,367
$211,270
2026
$80,000
$131,270
$211,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,367
$211,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Conventional
$176,400
No
First
Nov 4, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,788
$72,212
30%
69%
$1,058/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,758/mo
+$392/mo
10.9%

City: Princeton

5609 Timber Point Dr | Property Details | No Agent List