5405 Lavender Drive

Princeton, Texas 75407

  • 4 Bed(s)
  • 2 Bath(s)
  • 1,675 Sqft
  • 0.119
    Acre(Lot)
$309,999

Description

*investor opportunity with current lease through 7-2025 or primary ownership & tenants will move early*bridgewater master-planned community*craftsman-style home occupied by tenants signed with a lease through 07.2025*quartz countertops*recessed lighting throughout*bridgewater community has amenities galore!*clubhouse*fitness center*lazy river*pools*volleyball court*pond for cash & release fishing*paddleboard lake*property currently being managed by pmc*seller has never seen or been to property*investors: gross income $24,000 : tax expense $7,000 : insurance expense : $1,400 : capitalization rate 5.7%*please allow 4-hour showing notice for tenants to vacate home*survey is included*

  • Property Type

    Residential

  • County

    Collin

  • Style

    Single Detached

  • AD ID

    48382989

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4
    • Window Features: Window Coverings

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 2
    • Half Baths: 0

    Interior Features

    • Eat-in Kitchen,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)

    Appliances

    • Dishwasher,Disposal,Electric Range,Microwave

    Utilities

    • Community Mailbox,Concrete,Curbs,Electricity Connected,Individual Water Meter,MUD Sewer,MUD Water,Sewer Available,Sidewalk,Underground Utilities

    Cooling Features

    • Central Air,Electric,ENERGY STAR Qualified Equipment

    Heating Source

    • Central,Electric,ENERGY STAR Qualified Equipment

    Fireplace

    • Number of Fireplaces: 0
    • Fireplace Features: None

  • Building Information

    • Built Year: 2022
    • Construction: Board & Batten Siding,Rock/Stone
    • Roof Type: Composition,Shingle

    Exterior Features

    • Covered Patio/Porch,Private Yard

    Foundation

    • Slab

    Security Features

    • Security System Leased,Smoke Detector(s)

    Laundry Features

    • Electric Dryer Hookup,Utility Room,Full Size W/D Area,Washer Hookup

    Patio And Porch

    • Front Porch,Patio

    Fencing

    • Back Yard,Fenced,Wood

    Construction Materials

    • Board & Batten Siding,Rock/Stone

  • Lot Information

    • Lot Size (Acr): 0.1190
    • Lot Size Units: Acres
    • Lot Size Square Feet: 5183.6400
    • Lot Size Source: Assessor
    • Lot Features: Interior Lot,Landscaped,Sprinkler System,Subdivision

    Property Information

    • SQ ft (Living Area): 1,675
    • Property Type: Residential
    • Property Sub Type: Single Family Residence
    • Architectural Style: Craftsman
    • Subdivision: Bridgewater Ph 3b
    • City: Princeton
    • State: Texas
    • Directions: 380 to S 2nd Street (S) to Bridgewater Parkway (W) to Waterway Drive (S) to Catherage Drive (W) to Moray Drive (W) to Lavender Drive (N)
    • Property Status: Active

  • Listing Price Information

    • Original List Price: $309,999
    • List Price Tot SqFt: $185

    Listing Information

    • Possession: Closing/Funding,Lease Outstanding,Subject to Lease

  • Tax Information

    • Parcel Number: R1237900R00901
    • Tax Block: R
    • Tax Legal Description: BRIDGEWATER PHASE 3B (GCN), BLK R, LOT 9
    • Tax Lot: 9
    • Unexempt Taxes: $7,104

  • Parking Information

    • Has Garage
    • Garage Space: 2
    • Parking Features: Concrete,Direct Access,Driveway,Garage,Garage Faces Front,Inside Entrance,Side By Side

    Homeowners Association Information

    • Included Fees: Full Use of Facilities,Management Fees
    • HOA Type: Mandatory
    • HOA: 500
    • HOA Frequency: Annually

  • School Information

    • Elementary School: Harper
    • Middle School: Southard
    • High School: Princeton
    • Intermediate School: Huddleston
    • School District: Princeton ISD

    Utility Information

    • Utilities: Community Mailbox,Concrete,Curbs,Electricity Connected,Individual Water Meter,MUD Sewer,MUD Water,Sewer Available,Sidewalk,Underground Utilities
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

BuyOwner last updated this listing 01/30/2025 @ 09:57

  • MLS: 448566138
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 4 bedrooms which is for sale, it has 1,675 sqft, 0 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Princeton , in zip code 75407, this Collin County Home , it is in the Bridgewater Ph 3b Subdivision, are nearby neighborhoods.