$300,000
●
House -
Off Market
101 Driftwood Circle
Princeton, TX 75407
3 Beds
2 Baths
1,548 Ft²
$1,522
Est. Monthly
About This Property
Welcome to this move-in ready gem located in central Princeton with
quick access to major highways, shopping, and dining. Nestled on a
serene .23-acre lot, this home backs to a picturesque pond and
wooded area, offering peace and privacy in your own backyard oasis.
Step inside to find a real new build feel with luxury vinyl plank
flooring, new carpet, and fresh paint throughout. The stylish
kitchen boasts granite countertops, new SS appliances, new
cabinetry, sleek hardware, and contemporary light fixtures, perfect
for both entertaining and everyday living. Enjoy the outdoors
year-round on the covered back patio, overlooking the freshly
sodded yard and tranquil natural views. Additional updates include
new black-framed windows that add modern curb appeal and improved
energy efficiency. Don't miss this rare combination of location,
updates, and backyard privacy-schedule your tour today!
Unit Size
1,548 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 months ago (NTREIS #21018083)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by The Agency Collective LLC | $309,900 | |
| Listed by The Agency Collective LLC | |||
| May 11, 2025 | No longer available | - | |
| No longer available | |||
| Apr 1, 2025 | Listed by The Agency Collective LLC | $209,900 | |
| Listed by The Agency Collective LLC | |||
| | |||
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Handyman or Investor Special: Introducing this 3-bedroom, 2-bathroom house in a desirable area of Princeton, conveniently located just off Hwy 380, close to everything. This property sits on a generous corner lot and features a backyard with a covered patio and an in-ground swimming pool with a slide. There is a 2-car garage with plenty of parking in the back of the house. The property also backs up to a large community park with sports fields, picnic areas, golf course, dog park, trails & more! The home is distressed and requires a bit of everything to restore it to its full market value, but the potential is there! The HVAC system was replaced around 5 years ago, as per the former owner. No further details are available. Being sold as-is, where-is. Seller will do no repairs. Buyer to verify all square footage, schools and all other information, here in.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Princeton
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Listed by: Lindsay Haroon, The Agency Collective LLC
Last Updated: 12 months ago
Data Source: NTREIS MLS, MLS# 21018083
Details provided by NTREIS and may not match the public record
Last Updated: 12 months ago
Data Source: NTREIS MLS, MLS# 21018083
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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