Princeton, TX 75407 5405 Lavender Drive
$284,750
27 more
Presented By: Karin Nielsen-Kilburn with Keller Williams Realty; 817-291-4860
Beds • 4
Baths • 2
SQFT • 1,675
Garage • 2
Home Details
* 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*
Presented By: Karin Nielsen-Kilburn with Keller Williams Realty; 817-291-4860
Interior Features for 5405 Lavender Drive
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, LuxuryVinylPlank, Tile
Heating Y/NYes
Interior AmenitiesEatInKitchen, KitchenIsland, OpenFloorplan, Pantry, WalkInClosets
Laundry FeaturesWasherHookup, ElectricDryerHookup, LaundryInUtilityRoom
Total Fireplaces
Window FeaturesWindowCoverings
Other Rooms
Room Count8
General for 5405 Lavender Drive
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, Disposal, Microwave
Architectural StyleCraftsman, Detached
Assoc Fee Paid PerAnnually
Association Fee IncludesAllFacilities, AssociationManagement
Association NameBridgewater Residential
Attached Garage Yes
AttributionContact817-291-4860
Carport Spaces0.0
Carport Y/NNo
CityPrinceton
Community FeaturesClubhouse, FitnessCenter, Playground, Park, Pool, TrailsPaths, CommunityMailbox, Curbs, Sidewalks
Construction MaterialsBoardAndBattenSiding, Rock, Stone
CoolingCentralAir, Electric, EnergyStarQualifiedEquipment
CountyCollin
Directions380 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)
DisclosuresDeedRestriction
Electric On Property Y/NNo
Elementary SchoolHarper
Elementary School DistrictPrinceton ISD
ExclusionsAll tenant belongings, refrigerator, washer & dryer
Full Baths2
Garage Spaces2.0
Garage Y/NYes
HOAYes
HOA Fee$500.0
HeatingCentral, Electric, EnergyStarQualifiedEquipment
High SchoolPrinceton
High School DistrictPrinceton ISD
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionBRIDGEWATER PHASE 3B (GCN), BLK R, LOT 9
LevelsOne
Lot Size Square Feet5183.64
Lot Size UnitsAcres
Middle/Junior High SchoolSouthard
Middle/Junior School DistrictPrinceton ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-24T18:47:23.307-00:00
New ConstructionNo
Occupancy TypeTenant
Patio/Porch FeaturesFrontPorch, Patio, Covered
Pool FeaturesNone, Community
PossessionCloseOfEscrow, SubjectToTenantRights
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
RoofComposition, Shingle
Security FeaturesSecuritySystemLeased, SmokeDetectors
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories1
Structure TypeHouse
Subdivision NameBridgewater Ph 3b
Tax Annual Amount7104.0
Tax Lot9
UtilitiesElectricityConnected, MunicipalUtilities, SewerAvailable, SeparateMeters, UndergroundUtilities, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built2022
Year Built DetailsPreowned
Exterior for 5405 Lavender Drive
Covered Spaces2.0
Crops Included Y/NNo
Exterior AmenitiesPrivateYard
FencingBackYard, Fenced, Wood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot DimensionsSEE SURVEY
Lot FeaturesInteriorLot, Landscaped, Subdivision, SprinklerSystem
Lot Size Acres0.119
Lot Size Area0.119
Lot Size SourceAssessor
Open Parking Y/NNo
Other EquipmentIrrigationEquipment
Parking FeaturesConcrete, DirectAccess, Driveway, GarageFacesFront, Garage, InsideEntrance, SideBySide
SpaNo
Additional Details
Price History
Schools
Elementary School
Harper Elementary School
High School
Princeton High School
Middle School
Southard Middle School
Mec Cheney
Realtor