NOT LISTED FOR SALE

5216 Timber Point Dr Princeton, TX 75407

Estimated Value: $415,000 - $462,000

4 Beds
3.5 Baths
3,103 Sq Ft
$142/Sq Ft Est. Value

Highlights

  • Fitness Center
  • Community Lake
  • Private Yard
  • Open Floorplan
  • Traditional Architecture
  • Community Pool

About This Home

As of August 2024

Executive home in the highly-amenitized community of Bridgewater. The first floor features a study, half bath, and guest bedroom with an ensuite bathroom. The open kitchen and living room are highlighted by volume ceilings, a corner fireplace, and backyard views of one of the community lakes. The second floor features two large bedrooms, full bath, gameroom, and media room. This home has been outfitted with custom chandeliers and light fixtures throughout. Other amenities in Bridgewater include: two pools with grilling stations, fitness center, pocket parks and playgrounds, and a dog park. Mayfield Elementary is onsite for Bridgewater’s younger residents. Refrigerator, washer, and dryer are included!

Last Agent to Rent the Property

Derryl Kinnell

Rogers Healy and Associates Brokerage Phone: 214-945-9095 License #0699566 Listed on: 06/01/2024

Rogers Healy and Associates

Last Renter's Agent

Derryl Kinnell

Rogers Healy and Associates Brokerage Phone: 214-945-9095 License #0699566 Listed on: 06/01/2024

Rogers Healy and Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,655

Year Built

  • Built in 2022

Lot Details

  • 5,968 Sq Ft Lot
  • Private Yard
  • Back Yard

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Additional Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,103 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Chandelier
  • Electric Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Mayfield Elementary School
  • Princeton High School

Utilities

  • Vented Exhaust Fan
  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

  • Residential Lease
  • Property Available on 7/12/24
  • Tenant pays for all utilities, insurance
  • 12 Month Lease Term
  • Legal Lot and Block 4 / BB
  • Assessor Parcel Number R126030BB00401

Community Details

Overview

  • Association fees include all facilities, management, ground maintenance
  • Pmp Managment Association
  • Bridgewater Ph 4A Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,655

Year Built

Built in 2022

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Yes
  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities, Insurance
  • Available Date: 2024-07-12
  • PetDeposit: 500.0

Listing Details

  • OWNERNAME: See Tax
  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 214-945-9095
  • Co List Office Mls Id: ROGE01
  • Structure Type: House
  • PetsAllowedYN: Yes
  • MaximumNumberOfPets: 2
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2022

Interior Features

  • Square Footage: 3103.0
  • Fireplace Features: Electric, Living Room
  • Interior Amenities: Chandelier, Double Vanity, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wired for Sound
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Community Features: Clubhouse, Fitness Center, Lake, Other, Playground, Park, Pool, Sidewalks, Trails/Paths, Community Mailbox
  • Fencing: Back Yard, Privacy
  • Roof: Asphalt, Shingle
  • Exterior Features: Private Yard
  • Pool Features: None, Community
  • Waterfront: No
  • Patio And Porch Features: Front Porch, Covered

Garage/Parking

  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Additional Parking, Direct Access, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, On Site
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • LaundryFeatures: Laundry in Utility Room
  • Utilities: Municipal Utilities, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Association Management, Maintenance Grounds
  • Association Name: PMP Managment

Schools

  • Elementary School: Mayfield
  • High School: Princeton
  • Junior High Dist: Princeton ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.137
  • Parcel Number: R126030BB00401
  • Lot Size Acres: 0.137
  • Lot Size Sq Ft: 5967.72

Building Info

  • Year Built: 2022
  • StoriesTotal: 2

Tax Info

  • TaxBlock: BB
  • Tax Lot: 4

MLS Schools

  • MiddleOrJuniorSchool: Mattei

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Lennar Hm/Tx Sales & Marketing L
Bought by
Kumar Chennarnsetty Phaneendra and Kumar Priyanka Mohamatam
Current Estimated Value
$439,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,067
Outstanding Balance
$443,176
Interest Rate
6.31%
Mortgage Type
FHA
Estimated Equity
-$3,746
Source: Public Records

Range of Values:

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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
Kumar Chennarnsetty Phaneendra -- Lennar Title
Lennar Homes Of Texas Sales And Marketing Ltd -- Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Chennarnsetty Phaneendra $457,067
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2024 08/03/24 Rented $3,300 0.0% --
08/01/2024 08/01/24 Under Contract -- -- --
06/26/2024 06/26/24 Price Changed $3,300 -5.7% $1 / Sq Ft
06/07/2024 06/07/24 For Rent $3,500 -- --
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
2024 $8,655 $402,531 $100,000 $302,531
2023 $8,655 $314,434 $77,000 $237,434
2022 $780 $46,500 $46,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20633655

North Texas Real Estate Information Systems (NTREIS)

APN: R-12603-0BB-0040-1