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.
For sale
Price cut: $10K (4/27)
$138,000
11243 County Road 897, Princeton, TX 75407
2beds
672sqft
Single Family Residence
Built in 1955
10,454 Square Feet Lot
$-- Zestimate®
$205/sqft
$-- HOA
What's special
Cozy lake homeQuiet princeton street
- 94 days |
- 401 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Margaret Oden 0635703 817-481-5711,
The Robinson Team 817-481-5711
Source: NTREIS,MLS#: 21231277
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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
Property
Parking
- Parking features: On Site, On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Chain Link
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- 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: $205/sqft
- Tax assessed value: $156,403
- Annual tax amount: $749
- Date on market: 4/9/2026
- Cumulative days on market: 93 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: All non Realty items
- Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,403/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | -- | $20,149 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75407
Nearby schools
GreatSchools rating
- 5/10MAYFIELD ELGrades: PK-5Distance: 2.3 mi
- 6/10Mattei MiddleGrades: 6-8Distance: 2.1 mi
- 5/10Princeton High SchoolGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- Elementary: Harper
- Middle: Clark
- District: Princeton ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Texas
- Collin County
- Princeton
- 75407
- 11243 County Road 897