5405 Lavender Drive new Save Request In-Person Tour Request Virtual Tour
Princeton,TX 75407
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,675 sqft
Price per Sqft $185
Subdivision Bridgewater Ph 3B
MLS Listing ID 20821647
Style Craftsman
Bedrooms 4
Full Baths 2
HOA Fees $41/ann
HOA Y/N Mandatory
Year Built 2022
Annual Tax Amount $7,104
Lot Size 5,183 Sqft
Acres 0.119
Lot Dimensions SEE SURVEY
Property 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*
Location
State TX
County Collin
Community Club House,Community Pool,Curbs,Fitness Center,Jogging Path/Bike Path,Park,Playground,Sidewalks
Direction 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)
Rooms
Dining Room 1
Interior
Interior Features Eat-in Kitchen,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
Heating Central,Electric,ENERGY STAR Qualified Equipment
Cooling Central Air,Electric,ENERGY STAR Qualified Equipment
Flooring Carpet,Luxury Vinyl Plank,Tile
Fireplaces Type None
Equipment Irrigation Equipment
Appliance Dishwasher,Disposal,Electric Range,Microwave
Heat Source Central,Electric,ENERGY STAR Qualified Equipment
Laundry Electric Dryer Hookup,Utility Room,Full Size W/D Area,Washer Hookup
Exterior
Exterior Feature Covered Patio/Porch,Private Yard
Garage Spaces 2.0
Fence Back Yard,Fenced,Wood
Community Features Club House,Community Pool,Curbs,Fitness Center,Jogging Path/Bike Path,Park,Playground,Sidewalks
Utilities Available Community Mailbox,Concrete,Curbs,Electricity Connected,Individual Water Meter,MUD Sewer,MUD Water,Sewer Available,Sidewalk,Underground Utilities
Roof Type Composition,Shingle
Total Parking Spaces 2
Garage Yes
Building
Lot Description Interior Lot,Landscaped,Sprinkler System,Subdivision
Story One
Foundation Slab
Level or Stories One
Structure Type Board & Batten Siding,Rock/Stone
Schools
Elementary Schools Harper
Middle Schools Southard
High Schools Princeton
School District Princeton Isd
Others
Restrictions Deed
Ownership SEE OFFER GUIDELINES
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Special Listing Condition Deed Restrictions,Survey Available