5405 Lavender Drive
Princeton, TX, 75407
$324,000
4 Beds
2 Baths
1,675 SqFt
0.12 Acres
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*INVESTOR OPPORTUNITY*Bridgewater Master-planned Community*Craftsman-style home occupied by tenants signed with a 12-month lease through 03.2025*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*Showings restricted until after executed contract*No photos of inside of home*Gross Income $24,000 : Tax Expense $7,000 : Insurance Expense : $1,400 : Capitalization Rate 5.7% : 228 Jasmine Drive is also for sale & can be sold as a package or individually*Tenants have a lease agreement through 07-31-2025 at $2,035 per month*

Property Details

Price:
$324,000
MLS #:
20693609
Status:
Active
Beds:
4
Baths:
2
Address:
5405 Lavender Drive
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Bridgewater Ph 3b
City:
Princeton
Listed Date:
Aug 5, 2024
State:
TX
Finished Sq Ft:
1,675
ZIP:
75407
Lot Size:
5,183 sqft / 0.12 acres (approx)
Year Built:
2021
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Schools

School District:
Princeton ISD
Elementary School:
Harper
Middle School:
Southard
High School:
Princeton

Interior

Bathrooms Full
2
Cooling
Central Air, Electric, E N E R G Y S T A R Qualified Equipment
Fireplace Features
None
Flooring
Carpet, Tile
Heating
Central, Electric, E N E R G Y S T A R Qualified Equipment
Interior Features
Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Walk- In Closet(s)
Number Of Living Areas
1

Exterior

Construction Materials
Board & Batten Siding, Brick
Fencing
Back Yard, Fenced, Wood
Garage Length
18
Garage Spaces
2
Garage Width
20
Lot Size Area
0.1190
Lot Size Dimensions
S E E S U R V E Y

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