Turnkey Investment Opportunity – Renter in Place - Do Not Approach Property!
Welcome to this beautifully upgraded home, thoughtfully designed with quality finishes, modern features, and exceptional attention to detail throughout. The kitchen is the heart of the home, featuring custom cabinetry with hidden hinges and crown molding, durable hard-surface countertops, a deep double-bowl stainless-steel sink with Delta chrome fixtures, and a complete suite of stainless-steel appliances, including a range, dishwasher, over-the-range microwave, and refrigerator. A spacious kitchen island provides additional workspace and a natural gathering area.
The interior offers a warm, contemporary feel with carpeted bedrooms and durable Armstrong American Charm vinyl flooring throughout the remaining living areas. Fresh Sherwin-Williams ProMar 400 paint has been applied inside and out, while the impressive 11-foot vaulted ceiling in the living room creates an open and inviting atmosphere. The primary bedroom features a decorative recessed ceiling, a private ensuite with a large shower, and a generous walk-in closet. Additional interior upgrades include Harbor Breeze ceiling fans, Halo Disc lighting, new Kwikset easy-rekey door hardware, and cordless blinds. A separate laundry room with washer and dryer hookups adds everyday convenience.
Quality continues throughout the home's major systems and structure. The property includes a 10-year transferable slab warranty, a new architectural 30-year shingle roof with Mystique two-tone shingles, and new Jeld-Wen vinyl windows designed for durability and energy performance. The home is equipped with a new Ruud 2.5-ton HVAC system with a 10-year warranty, an AO Smith Signature 40-gallon water heater, freeze-proof PEX water supply lines, and a Siemens all-weather electrical panel.
Outside, the home features a one-car garage, a fully fenced backyard, and fresh landscaping with Bermuda grass and premium black mulch. Located within walking distance of schools, the property also offers a generously sized backyard and a combination of modern upgrades, low-maintenance features, and practical amenities that make it an attractive opportunity for homeowners and real-estate investors alike.
For sale by owner
$192,275
302 Tall Cedar Way, Princeton, TX 75407
2beds
2baths
1,112sqft
SingleFamily
Built in 2025
3,484 Square Feet Lot
$-- Zestimate®
$173/sqft
$42/mo HOA
What's special
Fully fenced backyardGenerously sized backyard
What the owner loves about this home
Turnkey Investment Opportunity – Renter in Place - Do Not Approach Property!
We are MidSouth Home Buyers, a professional property management company serving the Memphis, Dallas, and Little Rock markets. This property is being offered as a turnkey investment with a tenant already in place, currently paying $1,675 per month.
The asking price reflects the understanding that MidSouth Home Buyers will continue managing the property after closing, providing the new owner with a truly hands-off investment experience. Our experienced management team will continue handling rent collection, maintenance coordination, tenant communication, and day-to-day property management so you can begin generating passive rental income from day one.
You can call me at 901-563-4485 or email me at jacobhorn@midsouthbestrentals.com
- 31 days
- 176
- 4
Listed by:
Property Owner (901) 563-4485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2.5
Heating
- Other
Cooling
- Central
Features
- Flooring: Carpet
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,112 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Brick
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: R1365400A00101
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Foundation: Slab
Condition
- New construction: No
- Year built: 2025
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $42 monthly
Location
- Region: Princeton
Financial & listing details
- Price per square foot: $173/sqft
- Tax assessed value: $195,972
- Date on market: 9/30/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,577/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Listed for sale | $192,275$173/sqft |
Source: Owner Report a problem | ||
| 1/28/2026 | Listing removed | $1,675$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/3/2025 | Listed for rent | $1,675$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $195,972 +1467.8% |
| 2025 | $180 | $12,500 |
Find assessor info on the county website
Monthly payment
Est. payment






