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817 Sandhill Crane Ln, Princeton, TX, 75407

3beds
3baths
1,189sqft
$235,000
$198price/sqft
$1,853/moest. monthly cost
$74,120/yrincome needed

About This Home

Built in 2025, this new construction home at 817 Sandhill Crane Ln in Princeton offers a rare opportunity to acquire a nearly brand-new, turnkey investment property in a rapidly growing market. Designed with modern finishes and long-term durability in mind, the home provides low-maintenance ownership and strong rental appeal. The property is currently occupied with a tenant in place for the next 12 months, delivering immediate and stable cash flow from day one. This is a true plug-and-play investment with no vacancy period or leasing effort required. Offered as part of a strategic portfolio restructuring, this asset presents an excellent opportunity for investors seeking a stabilized income-producing property in a high-growth area. Located in one of the fastest-expanding corridors in North Texas, this property combines new construction reliability, consistent income, and strong long-term appreciation potential—making it a standout addition to any investment portfolio.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
Harper Elementary SchoolGrades PK-54.9 mi
4/10
Princeton High SchoolGrades 9-126.9 mi

Construction

Condition

  • Year built: 2025

Materials

  • Roof: Asphalt,Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Oven,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup

Bedroom

  • Features: Ceiling Fan(s)
  • Level: Second
  • Dimensions: 10 x 9

Bedroom

  • Features: Ceiling Fan(s)
  • Level: Second
  • Dimensions: 10 x 9

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Eat-in Kitchen,High Speed Internet,Kitchen Island,Open Floorplan,Cable TV,Walk-In Closet(s)
  • Flooring: Vinyl,Wood

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total interior livable area: 1,189 sqft

Kitchen

  • Level: First
  • Dimensions: 14 x 10

Living Room

  • Level: First
  • Dimensions: 14 x 11

Master Bathroom

  • Level: Second
  • Dimensions: 14 x 6

Master Bedroom

  • Level: Second
  • Dimensions: 11 x 14

Property

Details

  • Parcel number: R1320000E03001
  • Exclusions: All personal effects

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Fencing: Back Yard,Fenced

Lot

  • Lot size: 3,136 sqft
  • Lot size dimensions: 35 x 115

Parking

  • Total spaces: 1
  • Parking features: Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Tornado
Hail
Cold Wave
Heat Wave

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,188$14,256
Home Insurance *$155$1,860
Property Taxes $272$3,264
Electricity $238$2,859
Total$1,853$22,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,531/yr
40% on housing$55,590/yr
45% on housing$49,413/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 75407$127
Collin County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 75407$155
Collin County$185

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Listed for sale$235,000
2026-02-25Listing removed$1,875
2026-02-03Listed for rent$1,875
2025-08-25Sold--
2025-06-09Pending sale$196,069
2025-05-24Price change$196,069
2025-05-19Listed for sale$206,999

For Sale by Agent

AgentAmanda Monaco
BrokerageCompass RE Texas, LLC

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