5405 Lavender Drive Princeton Texas 75407

Active

5405 Lavender Drive Princeton Texas 75407

$309,999 - 0± Acres Princeton, Texas 75407
  • Collin County
  • 4 Beds
  • 2.00 Baths

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*

Key Features

  • Price $309,999
  • Property Type Residential
  • Acres
  • Utilities Community Mailbox,Concrete,Curbs,Electricity Connected,Individual Water Meter,MUD Sewer,MUD Water,Sewer Available,Sidewalk,Underground Utilities
  • Beds/Baths 4/2.00
  • City Princeton
  • Status Active

Improvements

  • Exterior Features: Covered Patio/Porch,Private Yard
  • Fence: Back Yard,Fenced,Wood
  • Foundation: Slab
  • Heating: Central,Electric,ENERGY STAR Qualified Equipment
  • Permit internet: 1
  • Roof: Composition,Shingle
  • Structural style: Single Detached
  • Architectural style: Craftsman

Other

  • City: Princeton
  • County: Collin
  • State: Texas
  • Zipcode: 75407
  • Year Built: 2022
  • Floors: Carpet,Luxury Vinyl Plank,Tile
  • Rooms: 8
  • Subdivision: Bridgewater Ph 3b

Property Map

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)

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