5405 Lavender Drive Princeton, TX 75407
*INVESTOR OPPORTUNITY*Bridgewater Master-planned Community*Craftsman-style home occupied by tenants signed with a 12-month lease through 03.2025*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*Showings restricted until after executed contract*No photos of inside of home*Gross Income $24, 000 : Tax Expense $7, 000 : Insurance Expense : $1, 400 : Capitalization Rate 5.7% : 228 Jasmine Drive is also for sale & can be sold as a package or individually*Tenants have a lease agreement through 07-31-2025 at $2, 035 per month*
- Property TypeSingle Family Home
- NeighborhoodBridgewater Ph 3b
- CountyCollin
- Taxes$0
- HOA/Condo/Coop Fees$41
- Days on Site43 Days
- MLS StatusActive
- MLS ID Number20693609
- Home Size Source N/A
- Year Built2021
- Lot Size0.119 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Style Craftsman
- Construction Board & Batten SidingBrick
- Parking ConcreteDirect AccessDrivewayGarageGarage Faces FrontInside EntranceSide By Side
- Number of Stories 1
- Acreage 0.119
- Security Smoke Detector(s)
- Property Sub Type Single Family Residence
- Garage Spaces 2
- Attached Garage Yes
- Utilities Electricity ConnectedSewer AvailableUnderground Utilities
- Foundation Slab
- Listing Conditions Standard
Interior Features
- Cooling Central AirElectricE N E R G Y S T A R Qualified Equipment
- Heating CentralElectricE N E R G Y S T A R Qualified Equipment
- Appliances DishwasherDisposalElectric RangeMicrowave
- Flooring CarpetTile
- Interior Eat-in KitchenKitchen IslandOpen FloorplanPantryWalk-In Closet(s)
- Fireplaces 0
- Fireplace Features None
- Laundry Features Electric Dryer HookupUtility RoomFull Size W/ D AreaStacked W/ D Area
- Window Features Window Coverings
- Fireplace No
Exterior Features
- Roof CompositionShingle
- Fencing Back YardFencedWood
- Waterfront Property No
- Lot Interior LotLandscapedSubdivision
- Patio And Porch Front PorchPatio
Community Features
- Association Dues 500
- Senior Community No
- Security Features Smoke Detector(s)