5405 Lavender Drive, Princeton TX 75407

$295,999

5405 Lavender Drive, Princeton, TX 75407

bedrooms

bathrooms

square feet

1,675

Acreage

0.119

Open Houses

year built

2022

Full Baths

Half Baths

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* PRICED TO SELL! HUGE PRICE REDUCTION! * 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
Subdivision	Bridgewater Ph 3b
County	Collin
Elementary School	Harper
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 20821647

Listing agent: Karin Nielsen-Kilburn #0704185

Listing broker: Keller Williams Southlake- Dallas Dfw (Dro Management Ii, Llc) (817) 329-8850

Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, February 14 2025 at 5:02 p.m. EST

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