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$138,000
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Property Description
LOWER PRICE!!! Investment Opportunity & Weekend Retreat Near Lake Lavon in Princeton, TX Don't miss your chance to own a piece of the Lake Lavon lifestyle in one of North Texas's fastest-growing communities! This charming 2 bedroom, 1 bath cottage sits on a fully fenced .244-acre lot on a quiet Princeton street, offering incredible potential at an investor friendly price point. At 672 sq ft, this cozy lake home is the perfect canvas for your vision, whether you're planning a weekend getaway, a fix-and-flip project, or a buy-and-hold rental. The possibilities are wide open. Princeton's explosive growth means now is the time to get in value and opportunity like this won't last long. Sold as is. No survey provided.
Full Property Details
Full Property Details for 11243 Co Rd 897
General
- Price: $138,000
- Taxes: $749
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21231277
- Updated: 4/27/2026
- Added to Site: 48 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Pantry
- Appliances: Electric Cooktop, Electric Oven
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Parking Features: On Site, On Street
Location
- County: Collin
- Subdivision: Lavon Shores #2
- Driving Directions: Directions from I-75 North: From I-75 North, take Exit 41 toward US-380 West McKinney. Turn left (west) on US-380 and continue through McKinney. Turn right on CR 897 and continue to 11243 CR 897 on the right.
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Harper
- Middle School: Clark
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Stories/Levels: 1
- Living Area: 672 Sq. Ft.
- Year Built: 1955
Lot Features
- Property View: Water
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454.4
- Lot Features: Back Yard, Lawn, Wooded
- Fencing (Description): Chain Link
Water Features
- Water View: Yes
- Water Front Desc.: Creek
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $749
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LAVON SHORES #2 (GCN), LOT 433 434
- Exclusions: All non Realty items
- Property ID: R078100043301
- Lot Number: 433
Listed by The Robinson Team, Margaret Oden
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Schools
Schools serving 11243 Co Rd 897
School District:Princeton Independent School District
| Name | Grades | Distance |
|---|---|---|
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11243 Co Rd 897
Date
Details
Price
Change
Source
4/27/2026
Price Reduced
$138,000
-6.76%
MLS
4/09/2026
Listed
$148,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11243 Co Rd 897
Year
Property Taxes
Change
Tax Assessment
Change
2025
$83
15%
$52,125
-62%
2023
$72
-9%
$137,672
19%
2022
$79
—
$115,557
3%
2022
$79
-66%
$111,846
64%
2021
$231
30%
$68,399
—
2020
$178
-67%
$68,550
133%
2019
$537
7%
$29,423
10%
2018
$503
9%
$26,748
10%
2017
$460
9%
$24,316
10%
2016
$422
8%
$22,105
9%
2015
$390
3%
$20,235
3%
2014
$379
39%
$19,582
32%
2013
$273
—
$14,882
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11243 Co Rd 897
11243 County Road 897, Princeton, TX 75407 (MLS# 21231277) is a Single Family property with 2 bedrooms and 1 full bathroom. 11243 County Road 897 is currently listed for $138,000 and was received on April 09, 2026. Want to learn more about 11243 County Road 897? Do you have questions about finding other Single Family real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

