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0000 Princeton Dr
Princeton, TX 75407
Asking Price
$350K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.74 acres <ul><li>Princeton ranks within the top 5 fastest growing cities in the nation as of 2024.</li><li>The average household income in Princeton is $105,589 - worldpopulationreview.com</li><li>Approximately 6,080sf building can be placed with 27 parking spots</li><li>Enormous residential growth</li><li>Need for medical, professional and child related activities</li><li>Population has grown by 166% since 2020 with current population of 46,000+ according to worldpopulationreview.com</li></ul>
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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692
