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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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823 E College Ave , Princeton, TX 75407
$259,999
Est. Payment: $1,338.59/mo
4 Bed
2.5 Bath
1605 Sqft
Status: active | Days on site: 133
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

BRAND NEW ROOF! Exceptional INVESTOR OPPORTUNITY to own a well-maintained duplex in the rapidly growing city of Princeton. This listing is for the tenant-occupied side, currently leased on a month-to-month basis, offering immediate rental income. The adjacent unit at 821 E. College Ave. is also available for purchase and is currently vacant, creating a rare opportunity to purchase both sides of the duplex. Built in 2014, this hard-to-find brick duplex offers approximately $260,000 per side and features a desirable floor plan with 4 bedrooms and 2.5 bathrooms. The spacious primary suite is conveniently located downstairs, along with a half bath for guests, while three spacious additional bedrooms, full bathroom, and the laundry room are upstairs. The open-concept layout includes granite countertops, tile flooring throughout the kitchen, dining, and living areas, a one-car garage, covered patio, large fenced backyard with a storage shed, gutters, and storm doors. Recent updates include: Brand New Roof on both sides. At 823 E. College Ave: New air handler furnace in December 2025; and new heat pump condenser in December 2021. At 821 E. College Ave.: New HVAC heat pump condenser in March 2024, new refrigerator and stove in Fall 2025, new dishwasher in May 2026, and Pergo wood flooring in the primary bedroom. Conveniently located less than 10 miles from US-380 and US-75. Enjoy a neighborhood playground just a few houses away, but NO HOA to pay for; and in walking distance to Godwin Elementary School. 823 E. College Ave. is tenant occupied on a month-to-month lease. No showings of 823 are permitted, please do not disturb the tenant. Showings are available at the vacant adjoining property, 821 E. College Ave., to view the floor plan and finishes.

Highlights

Listed by Katy Peres , Fathom Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.08

Year Built

2014

County

Collin

Neighborhood

Parkview Heights

School District

Princeton ISD

Listing ID

21236477

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2.5
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Carpet,Ceramic Tile
Other:
  • Additional:Cable TV Available, Decorative Lighting, High Speed Internet Available, Open Floorplan, Walk-In Closet(s), Master on Main

Exterior Features

Lot:Interior Lot,Lrg. Backyard Grass,Sprinkler System,Subdivision,Less Than .5 Acre (not Zero)
Roof:Composition
Others:
  • Additional:Covered Patio/Porch, Rain Gutters, Storage, Preowned
Parking Features:Garage,Garage Door Opener,Garage Faces Front
Principal Interest
$1,339
Taxes
$372

Home Price

$259,999

Loan Details

30 yrs
6.674%

Down Payment

20%
$52,000
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Monthly Price:
$1,338.59

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,338.59 $372.08 $0.00 $1,710.67
Yearly $16,063.05 $4,465.00 $0.00 $20,528.05
Total $481,891.60 $133,950.00 $0.00 $615,841.60

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Princeton, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

© 2026 North Texas Real Estate Information Systems