5223 Marcy Lane Princeton, TX $ 300,000
5223 Marcy Lane
$ 300,000
Price Reduced
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5223 Marcy Lane

Princeton, TX, 75407
$ 300,000
Bedrooms Baths--

Monthly Estimate*

$ 1,431

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5223 Marcy Lane, Princeton, TX 75407 - Image 1
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Multi-Family Home for sale in Princeton, TX

for $300,000. This home was built in 1970 on a lot size of 1.180 Acres.

9.69% CAP in Collin! Strong cash flowing 8 unit property located 0.5 miles from Lavon Lake on over 1+ acres. Class C property with reasonable of market priced rents that is a CASH COW. around $4000 per month rental income. Multi-unit mix: duplex, SW manufactured home, 4 efficiency buildings (300 sq. ft. structures), and functioning RV. Princeton ISD with stable tenant base. Zoned residential for additional buildings, improvements or pads for RVs or mobiles to further improve land. (Buyer to verify with Collin County). Low risk, high return asset that a savvy investor can overlook the visual obstructions. It sells AS-IS.

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Multi-Family Active

Price

$ 300,000

Property Type

Multi-Family

Taxes

$ 2,873

Style

Multi Units

Lot Size

1.180 Acres

Year Built

1970

Town/City

Princeton

County/Region

Collin

MLS | Web ID

14161410

Features
Interior
Appliances Dishwasher Electric Cooktop Electric Oven
Heating System Space Heater(s) Window Unit(s)
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Exterior
Construction Steel Frame Wood
Foundation Pier Slab
Parking 1-20 Parking Spaces Faces Front
Roof Composition Metal
Siding Siding
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Miscellaneous
Utilities Other
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* Excluded Features
List By
Wei Xu

Listing Agent

Dfw Home

Broker

Affordability Calculator

$1,670
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,431
Monthly Property Taxes
$239
Monthly Home Insurance
--
Edit Insurance and Taxes
Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5223 Marcy Community
Princeton ISD School District
Godwin Elementary School
Huddleston Middle School
Princeton High School
Pricing History
DatePricePrice ChangeDescription
9/9/2019$300,000 -3.23% Price Down
8/25/2019$310,000 -3.13% Price Down
8/12/2019$320,000 Listed Price

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5223 Marcy Lane , Princeton, TX, 75407 is a Multi-Family Home for sale at $300,000 with a lot size of 1.180 Acres. 5223 Marcy Lane was built in 1970. The property's zip code is 75407 which is in Princeton, TX