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Financing available

$395,000

5127 Penrose Drive, Princeton, TX 75407

4
beds
2.5
baths
2,347
sqft

Est. with seller financing: $3,851/mo

  • Single-family
  • Built in 2023
  • 10,280 sq ft lot
  • $168/sqft
  • $58/mo HOA
  • Collin County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

THIS IS AN ASSUMABLE LOAN OPPORTUNITY WITH INTEREST RATE AT 5.375%! Welcome to 5127 Penrose Dr in Princeton, TX, a 2023-built, true one-and-a-half story home with 2,347 sq ft and ALL 4 bedrooms on the first floor, plus two full baths and a convenient half bath for guests. Set on an oversized .236 acre corner lot, this home offers extra outdoor space and great curb appeal. Inside, you'll find tile that looks like white oak hardwood flooring, giving you the warm, modern look without the upkeep. Upgraded plush carpet in all bedrooms adds comfort where you want it most. The kitchen is made for gathering, featuring a HUGE oversized island, an electric stovetop and oven, and plenty of storage space for everything from everyday dishes to specialty cookware. Located in the master-planned community of Bridgewater, with a lifestyle director and plenty of activities to entertain the entire family, this home delivers both value and a vibrant neighborhood. With a low assumable rate in today's market, this one won't last. Schedule your showing today!

Listing courtesy of Christie Cannon, LPT Realty LLC · MLS #21401515 · 972-215-7747

Facts & features

Interior

Features

  • Built In Features
  • Decorative Designer Lighting Fixtures
  • Eat In Kitchen
  • Granite Counters
  • High Speed Internet
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Cable Tv
  • Walk In Closets

Heating & cooling

  • Heating: Central
  • Cooling: Central Air, Ceiling Fans

Flooring

  • Carpet
  • Laminate
  • Tile

Appliances

  • Dishwasher
  • Electric Cooktop
  • Electric Oven
  • Electric Range
  • Disposal
  • Microwave

Laundry

  • Electric Dryer Hookup
  • In Hall

Exterior & lot

Features

  • Awnings

Construction

  • Style: Traditional, Detached
  • Stories: 2
  • Roof: Composition
  • Foundation: Slab
  • Materials: Brick

Parking

  • Garage spaces: 2
  • Concrete
  • Door Single
  • Driveway
  • Garage
  • Garage Door Opener
  • Kitchen Level
  • On Street

Pool

  • Community

Lot

  • Corner Lot
  • Subdivision
  • Few Trees
  • Sprinkler System

Community

Neighborhood

  • Subdivision: Bridgewater Ph 7b

HOA

  • Insight Assoc. Mgmt

Schools

  • District: Princeton ISD
  • Elementary: Mayfield
  • Middle: Mattei
  • High: Lovelady,Princeton

Financial & listing details

Listing

  • Price per sq ft: $168
  • County: Collin
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$3,851/mo

Principal & interest
$2,860/mo
Property taxes
$749/mo
Homeowners insurance (est.)
$184/mo
HOA dues
$58/mo
Loan amount
$355,500
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

Location

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A traditional mortgage isn't the only way. Self-employed, lower credit, ITIN, or turned down before? You may have another option.

Offered by HFP, powered by Doorly, only on this site, not by the seller or listing agent. Subject to underwriting and approval.

Get Pre-Qualified

How our financing program works

  1. 1

    Get qualified

    Answer a few quick questions and see the down payment you'd need. It takes about a minute and doesn't pull your credit.

  2. 2

    Make it your home

    Once you're approved, our lending partner buys the home from the seller at closing. The seller is paid in full and never carries a loan.

  3. 3

    Own it

    It resells the home to you at the same closing, with financing, so the title is in your name.

This is different from traditional seller financing, where the seller lends you the money. See the full requirements

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