NOT LISTED FOR SALE

1115 Mahogany Ln Princeton, TX 75407

Estimated Value: $335,113 - $343,000

4 Beds
2 Baths
1,996 Sq Ft
$169/Sq Ft Est. Value

Highlights

  • New Construction
  • Eat-In Kitchen
  • High Speed Internet
  • 2-Car Garage with one garage door
  • 1-Story Property

About This Home

As of May 2023

Beautiful BRAND-NEW one-story home MUST SEE NEW CONSTRUCTION! Under builders warranty! Open floor plan with plenty natural light. Wood laminate floors, beautiful cabinets. Primary bedroom offers a walk in shower, dual sinks and a large walk-in closet. Large open kitchen offers an island with quartz countertops, stainless steel appliances with a gas stove and a walk in pantry. This single-story home has a versatile design that makes great use of the space available.There is an open living area with a formal dining across the hall that can be used as a formal dining room or home office. Plus, there are four bedrooms in total, including a comfortable owner’s suite.
This home is in Arcadia Farms which is a masterplan community of new homes. Homeowners have access to a full range of amenities like a swimming pool, park and several sports facilities. This home is 0.1 miles to 380 Hwy and 7 miles to highway 75 and proximity to grocery,dining and schools.

Last Agent to Rent the Property

Ajay Kalavala

REKonnection, LLC License #0775606 Listed on: 03/04/2023

REKonnection, LLC

Last Renter's Agent

Lorena Miller

United Real Estate Frisco License #0741405

United Real Estate Frisco

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,089

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 5,837 Sq Ft Lot

Parking

  • 2-Car Garage with one garage door

Home Design

  • Brick Exterior Construction
  • Concrete Siding

Interior Spaces

  • 1,996 Sq Ft Home
  • 1-Story Property
  • Decorative Lighting
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lowe Elementary School
  • Southard Middle School
  • Princeton High School

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Sbb Management HOA, Phone Number (972) 960-2800
  • Arcadia Farms Phase 7 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,350
  • Tenant pays for all utilities
  • 12 Month Lease Term
  • $60 Application Fee
  • Legal Lot and Block 30 / Q
  • Assessor Parcel Number R-12476-00P-0080-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,089

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Breed Restrictions, Number Limit, Size Limit
  • Deposit Amount: 2350
  • Pet Deposit: 500
  • Lease Conditions: Application Fee, Credit Report, Prior Residence Info., References Required, Written Application (+)
  • Lease Term: 12 Months
  • Lease Type: Yearly, 1 Year Plus
  • Tenant Pays: All Utilities
  • App Fee Payable To: See Agent
  • Application Fee: 60

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: Animals
  • Security: Carbon Monoxide Detector(s)
  • Year Built Details: New Construction - Complete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Non Refundable Pet Fee Y N: Yes
  • Will Subdivide: No
  • App Fee Plus18 Yrs Y N: Yes
  • Attribution Contact: 309-530-0723
  • Special Features: NewHome
  • Stories: 1
  • Year Built: 2023

Interior Features

  • Square Footage: 1996.00
  • Interior Amenities: Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available
  • Appliances: Built-in Gas Range, Dishwasher, Disposal, Gas Cooktop, Microwave
  • Basement YN: No
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 1
  • Room Count: 6
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Construction Materials: Brick, Concrete
  • Waterfront: No

Garage/Parking

  • Cooling System: Gas
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Number Of Vehicles: 3
  • Parking Features: 2-Car Single Doors
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: SBB Management
  • HOA Management Company: 972-960-2800
  • Number Of Days Guests Allowed: 21

Schools

  • School District: Princeton ISD
  • Elementary School: Lowe
  • Middle School: Southard
  • High School: Princeton
  • School District: Princeton ISD
  • Elementary School: Lowe

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1340
  • Parcel Number: R-12476-00P-0080-1
  • Lot Size Acres: 0.1340
  • Lot Size Sq Ft: 5837.0400

Green Features

  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 2023
  • StoriesTotal: 1

Tax Info

  • TaxBlock: Q
  • Tax Lot: 30

MLS Schools

  • Middle School Name: Southard
  • Elementary School Name: Lowe
  • High School Name: Princeton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Lennar Homes Of Texas Sales And Marketin
Bought by
Vsrv Holdings Llc
Current Estimated Value
$340,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Outstanding Balance
$141,875
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$198,254
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vsrv Holdings Llc -- Lennar Title
Lennar Homes Of Texas Sales And Marketing Ltd -- Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vsrv Holdings Llc $228,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Rented $2,250 0.0% --
04/30/2023 04/30/23 Price Changed $2,250 -4.3% $1 / Sq Ft
03/04/2023 03/04/23 For Rent $2,350 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $8,089 $233,211 $77,000 $156,211
2022 $1,362 $61,600 $61,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20271296

North Texas Real Estate Information Systems (NTREIS)

APN: R-12476-00P-0080-1