For sale

Price cut: $21K (7/29)

$99,000

11243 County Road 897, Princeton, TX 75407

2beds

672sqft

$743/mo

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Single Family Residence

Built in 1955

10,454 Square Feet Lot

$-- Zestimate^®

$147/sqft

$-- HOA

What's special

Cozy lake homeQuiet princeton street

LOWER PRICE!!! Investment Opportunity & Weekend Retreat Near Lake Lavon in Princeton, TX Don't miss your chance to own a piece of the Lake Lavon lifestyle in one of North Texas's fastest-growing communities! This charming 2 bedroom, 1 bath cottage sits on a fully fenced .244-acre lot on a quiet Princeton street, offering incredible potential at an investor friendly price point. At 672 sq ft, this cozy lake home is the perfect canvas for your vision, whether you're planning a weekend getaway, a fix-and-flip project, or a buy-and-hold rental. The possibilities are wide open. Princeton's explosive growth means now is the time to get in value and opportunity like this won't last long. Sold as is. No survey provided.

139 days

767

46

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Ceiling Fan(s)
Level: First
Dimensions: 12 x 12

Living room

Level: First
Dimensions: 20 x 12

Heating

Central

Cooling

Central Air

Appliances

Included: Electric Cooktop, Electric Oven

Features

Eat-in Kitchen, Pantry
Has basement: No
Has fireplace: No

Interior area

Total interior livable area: 672 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: On Site, On Street

Features

Levels: One
Stories: 1
Pool features: None
Fencing: Chain Link
Has view: Yes
View description: Water
Has water view: Yes
Waterfront features: Creek

Lot

Size: 10,454 Square Feet
Features: Back Yard, Lawn, Wooded

Details

Parcel number: R078100043301

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional,Detached
Property subtype: Single Family Residence

Condition

Year built: 1955

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Available, Electricity Connected, Septic Available, Water Available

Community & HOA

Community

Subdivision: Lavon Shores #2

HOA

Has HOA: No

Location

Region: Princeton

Financial & listing details

Price per square foot: $147/sqft
Tax assessed value: $156,403
Annual tax amount: $749
Date on market: 4/9/2026
Cumulative days on market: 140 days
Listing terms: Cash,Conventional,FHA,VA Loan
Exclusions: All non Realty items

Estimated market value

Not available

Estimated sales range

Not available

$1,332/mo

Price history

Date	Event	Price
7/29/2026	Price change	$99,000-17.5%$147/sqft
Source: NTREIS #21231277 Report a problem
7/17/2026	Price change	$120,000-13%$179/sqft
Source: NTREIS #21231277 Report a problem
4/27/2026	Price change	$138,000-6.8%$205/sqft
Source: NTREIS #21231277 Report a problem
4/9/2026	Listed for sale	$148,000+196.6%$220/sqft
Source: NTREIS #21231277 Report a problem
8/24/2009	Listing removed	$49,900$74/sqft
Source: Lemons Team Realty Inc #11132728 Report a problem
1/19/2009	Listed for sale	$49,900$74/sqft
Source: iHOUSEWeb Solutions, Inc #11132728 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$160	$52,125 +10%
2024	--	$47,386 +10%
2023	$72 -8.9%	$43,078 +10%
2022	$79 -65.8%	$39,162 +10%
2021	$231 +30.1%	$35,602 +10%
2020	$178 +34.7%	$32,365 +10%
2019	$132 +54.7%	$29,423 +10%
2018	$85 +59.1%	$26,748 +5.3%
2017	$54	$25,398 +14.9%
2016	$54 -85.9%	$22,105 +9.2%
2015	$379	$20,235 +3.3%
2014	$379	$19,582 +31.6%
2013	--	$14,882 +1.1%
2012	--	$14,718 -1.4%
2011	--	$14,923
2010	--	$14,923 -1.1%
2009	--	$15,086
2008	--	$15,086 -4.9%
2007	--	$15,862 -7.9%
2006	--	$17,216 -0.7%
2005	--	$17,343 +0.3%
2004	--	$17,293 +0.4%
2003	--	$17,222 -0.7%
2002	--	$17,352 -15%
2001	--	$20,409 +1.3%
2000	--	$20,149