$424,900
●
House -
For Sale
8741 County Road 863
Princeton, TX 75407
3 Beds
3 Baths
1,888 Ft²
$2,709
Est. Monthly
About This Property
Get the best of country living and city life in this Craftsman home
on 1 and a half acres. Princeton school district. Great proximity
to Lavon Lake! The house feels private when you arrive because of
the old growth trees. Imagine relaxing on the wrap around porch of
this Classic Craftsman home. Open plan downstairs, living room has
decorative lighting and a fireplace. Dine in Kitchen. Utility room
with space for full size washer and dryer. Guest bathroom
downstairs. Primary bedroom downstairs with attached en suite
bathroom and walk in closet. Upstairs 2 bedrooms and 1 full
bathroom.
Large garage with room for hobby or workshop activities.
Large garage with room for hobby or workshop activities.
Unit Size
1,888 Ft²
Days on Market
-
Land Size
1.53 acres
Price per sqft
$225
Property Type
House
Property Taxes
$622
HOA Dues
-
Year Built
1984
Listed By
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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: 15 days ago (NTREIS #21421599)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2026 | No longer available | - | |
| No longer available | |||
| Oct 27, 2026 | Listed by eXp Realty LLC | $424,900 | |
| Listed by eXp Realty LLC | |||
| Aug 23, 2026 | Listed by eXp Realty LLC | $424,900 | |
| Listed by eXp Realty LLC | |||
   | |||
|
Get the best of country living and city life in this Craftsman home on 1 and a half acres. Princeton school district. Great proximity to Lavon Lake! The house feels private when you arrive because of the old growth trees. Imagine relaxing on the wrap around porch of this Classic Craftsman home. Open plan downstairs, living room has decorative lighting and a fireplace. Dine in Kitchen. Utility room with space for full size washer and dryer. Guest bathroom downstairs. Primary bedroom downstairs with attached en suite bathroom and walk in closet. Upstairs 2 bedrooms and 1 full bathroom.
Large garage with room for hobby or workshop activities.
| |||
| Feb 6, 2025 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Built-in Features, Decorative Lighting
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave
Flooring Type: Carpet, Ceramic Tile, Hardwood
Laundry Features: Full Size W/D Area
Has Fireplace
Fireplace Features: Brick
Fireplaces: 1
Exterior Details
Square Footage: 1888
Architectural Style: Craftsman
Year Built: 1984
Levels: Two
Other Structures: Shed(s)
Construction Materials: Siding
Patio and Porch Features: Covered, Front Porch, Wrap Around
Lot Features: Interior Lot, Many Trees, Lrg. Backyard Grass
Lot Size Area: 1.533
Lot Size Units: Acres
Lot Size Acres: 1.533
Lot Size Square Feet: 66777.48
Tax Lot: 2
Financial Details
Tax Annual Amount: $7,461
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Collin
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Listed by: Mike Bryant, eXp Realty LLC
Last Updated: 15 days ago
Data Source: NTREIS MLS, MLS# 21421599
Details provided by NTREIS and may not match the public record
Last Updated: 15 days ago
Data Source: NTREIS MLS, MLS# 21421599
Details provided by NTREIS and may not match the public record
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