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700 N 5th St, Princeton, TX, 75407

$300,000

Home List Price

$3,563*

Closing Credit

1 Bedroom
1 Partial Bath
800 SqFt
$375/SqFt
House

Location

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700 N 5th St, Princeton$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Gravel, Boat, RV Access/Parking
Year Built1950
HeatingSpace Heater(s)
MLS #20735220
Lot Size0.12 Acres
StatusActive

About 700 N 5th St

CORNER LOT with enormous of potential! Bring your creativity, imagination and ideas for remodeling, additions, or multi-functional use. Property was previously used as a beauty shop for many years, so it is currently set up as such with plumbing, an office space, restroom, and large open space to work with. Come and make it your own by adding walls to create bedrooms and additional living spaces. Up to buyer discretion to use as residential living or utilize city variances to obtain special use permit if buyer is interested in utilizing space as a business. Property has ample parking available in front and on the side. Metal roof and new window installed. Refrigerator and space heater will stay.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 1950
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: RE/MAX Four Corners
  • Office Phone: (972) 396-9100
  • Listing Agent: Toni Evans Morrow, Jill Luder

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Open Floorplan

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: Additional Parking, Gravel, Boat, RV Access/Parking

Virtual/3D Tour

  • Virtual Tour: 700 N 5th St
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Space Heater(s)

Other

Directions Information:

  • Directions: From 380, turn North of Fourth street and take a right on Mckinney, property will be on your left at the corner of McKinney and Fifth Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $375/SqFt

Tax Information:

  • Annual Amount: $414
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Princeton, TX.

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Princeton, TX

City

Med. List Price

$347.5K

Med. Price/SqFt

$184

Avg. Days On Market

81

# of Sold Homes

69

700 N 5th St vs Princeton

35 DAYS ON ROCKET

-46 Days

$300,000

-$47.5K Less

$375/SqFt

+$191 More

KEY TAKEAWAY

This property is $47.5K less than the Median List Price and $191/SqFt more than other homes in Princeton, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20735220

Listing Office:

  • Office Name: RE/MAX Four Corners
  • Office Phone: (972) 396-9100
  • Listing Agent: Toni Evans Morrow, Jill Luder

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/5/2024, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$414$16,952
2020$413$17,428
2019$357$16,002
2018$357$13,890
2017$291$11,265

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-11671
5
/10

  • Godwin Elementary School

  • 1019 N 6th St

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-11672
6
/10

  • Lacy Elementary School

  • 224 E College St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-11673
7
/10

  • Harper Elementary School

  • 8080 County Road 398

  • 2.42 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,566. Residents of Princeton, TX typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 N 5th St

What is the listing price of this property?

The listing price of 700 N 5th St property is $300,000.

What type of property is this?

The property 700 N 5th St is a house located in Princeton, Texas, 75407.

Is this property for sale now?

Active Listing: 700 N 5th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $414 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 700 N 5th St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 700 N 5th St is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 N 5th St is 1950.

Rocket Homes›Texas›Collin County›Princeton›75407›700 N 5th St

This home is located at 700 N 5th St in Princeton, TX and zip code 75407. This 800 square foot home, which was built in 1950, sits on a 0.12 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $300,000.

The median list price of listings available in October 2024 was $347,530, while the average time on the real estate market was 81 days.

From Rocket Homes Real Estate and based on county public records data.

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