845 County Road 490 Princeton, TX 75407
Estimated payment $4,002/month
Total Views
5,841
3
Beds
2
Baths
2,677
Sq Ft
$233
Price per Sq Ft
Highlights
- Horses Allowed On Property
- 2.57 Acre Lot
- Craftsman Architecture
- Basketball Court
- Open Floorplan
- Cathedral Ceiling
About This Home
Priced $75K under market value. 2.566 acres located less than a mile from Lake Lavon and one mile from Hwy 380 on the east side of the City of Princeton. Huge investment upside in the coming 5-7 years: The Princeton loop will connect with Hwy 380 2 miles from this property and the City of Princeton is reserving this area for a lake-related development. Investors have purchased large swaths of land bordering this parcel for this purpose. The investors are currently working with the city of Princeton to extend utilities. NO HOA. Property is restriction free. Come raise horses or run your business. Home has new flooring (carpet and tile) and is move-in ready. There is a 200-sqft storage building.
Listing Agent
Congress Realty, Inc. Brokerage Phone: 888-881-4118 License #0561973 Listed on: 04/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,473
Year Built
- Built in 1997
Lot Details
- 2.57 Acre Lot
- Lot Dimensions are 126x889
- Unincorporated Location
- Level Lot
- Cleared Lot
- Few Trees
- Large Grassy Backyard
Parking
- 2-Car Garage with two garage doors
Home Design
- Craftsman Architecture
- 2-Story Property
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Siding
Interior Spaces
- 2,677 Sq Ft Home
- Open Floorplan
- Built-In Features
- Cathedral Ceiling
- Ceiling Fan
- Brick Fireplace
- Loft
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in Utility Room
- Full Size Washer or Dryer
- Washer and Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Basketball Court
- Wrap Around Porch
- Patio
- Outdoor Storage
Schools
- Godwin Elementary School
- Clark Middle School
- Princeton High School
Farming
- Agricultural
- Pasture
Utilities
- Central Air
- Heat Pump System
- Co-Op Water
- Septic Tank
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Outside City Limits
- Horses Allowed On Property
Listing and Financial Details
- Assessor Parcel Number R664000000501
- $7,473 per year unexempt tax
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,473 | $502,991 | $205,280 | $297,711 |
| 2023 | $7,473 | $488,348 | $205,280 | $283,068 |
| 2022 | $6,639 | $395,969 | $153,960 | $242,009 |
| 2021 | $5,864 | $343,000 | $123,168 | $219,832 |
| 2020 | $5,494 | $301,113 | $51,320 | $249,793 |
| 2019 | $5,726 | $304,245 | $51,320 | $252,925 |
| 2018 | $5,722 | $280,495 | $51,320 | $251,126 |
| 2017 | $4,825 | $278,885 | $41,056 | $237,829 |
| 2016 | $4,427 | $231,814 | $41,056 | $190,758 |
| 2015 | $3,490 | $218,879 | $41,056 | $177,823 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | For Sale | $625,000 | -- | $233 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Vendors Lien | -- | Capital Title | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | Ctic | |
| Vendors Lien | -- | -- | |
| Vendors Lien | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $565,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $166,000 | New Conventional | |
| Previous Owner | $145,350 | Purchase Money Mortgage | |
| Previous Owner | $145,600 | Purchase Money Mortgage | |
| Previous Owner | $147,834 | FHA | |
| Previous Owner | $147,650 | FHA | |
| Previous Owner | $126,175 | VA |
Source: Public Records
Similar Homes in Princeton, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20894193
APN: R-6640-000-0050-1
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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