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$250,000

701 Summit Pass Ln, Princeton, TX, 75407

$253,274 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.72 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size6,391 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12732-00J-0350-1
Lot Number35
SubdivisionWinchester Crossing Phase 7 (Cpn)
Land UseResidential
Legal DescriptionWINCHESTER CROSSING PHASE 7 (CPN), BLK J, LOT 35
Census Tract031007
Assessed Land Value$80,000
Assessed Improvement Value$221,990
Assessment Year2026

About this property

Sold As-Is. Built in 2023, this beautiful home features an inviting open floor plan, a split bedroom layout for added privacy, and an open backyard with no rear neighbors. Located in a fast-growing area near everyday conveniences, this home offers the perfect blend of comfort, privacy, and value.

Investor Tools

$314,668Estimated Mortgage Balance
$301,990Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$253,274
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

Interested in this property?

Jenny Dang

HomeSmart Stars

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,682
$301,990
2026
$80,000
$221,990
$301,990
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,682
$301,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$335,303
Yes
First
Jun 23, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,668
N/A
0%
104%
$2,011/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,311/mo
+$499/mo
11.2%

City: Princeton

701 Summit Pass Ln | Property Details | No Agent List