$284,000 - $431,000
RENTED JUL 2, 2025

416 Forest Park Pkwy Princeton, TX 75407

5 Beds
3 Baths
2,584 Sq Ft
$145 Price per Sq Ft

Highlights

  • Open Floorplan
  • Granite Countertops
  • Tankless Water Heater
  • Southard Middle School Rated A-
  • 2 Car Attached Garage
  • 5-minute walk to J.M. Caldwell Sr. Community Park / WWII P.O.W. Camp

About This Home

As of July 2025

Welcome to this brand-new 5-bedroom, 3-bathroom home by MI Homes, located in the tranquil Forest Park community of Princeton, TX, a growing city known for its small-town charm, excellent schools, and quick access to McKinney, major highways, and everyday essentials. Offering 2,584 sq ft of modern living space, this two-story home features a bright open floor plan, a sleek kitchen with SS appliances and ample storage, and two bedrooms on the main floor, ideal for guests or multigenerational living. The spacious owner’s suite includes a private en-suite bath, and a generous closet, while upstairs offers a game room and 3 bedrooms for additional family space. Enjoy the convenience of a washer, dryer, refrigerator, a covered patio, and a 2-car garage—all just minutes from schools, parks, and shopping. Move-in ready and waiting for you—schedule your tour today!

Last Agent to Rent the Property

Sakina Ismaelbay

1152 Realty Brokerage Phone: 972-449-4777 License #0642096 Listed on: 06/24/2025

Last Renter's Agent

Joseph Pederson

Keller Williams Realty Allen License #0807374

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025

Lot Details

  • 8,364 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Open Floorplan

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Lacy Elementary School

Utilities

  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include management
  • Neighborhood Management Association
  • Forest Park Ph 2 Subdivision

Listing and Financial Details

  • Residential Lease
  • Property Available on 6/24/25
  • Tenant pays for all utilities
  • Legal Lot and Block 11 / F
  • Assessor Parcel Number R1318300F01101

Home Details

Home Type

Single Family

Year Built

Built in 2025

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Tenant Pays: All Utilities
  • Available Date: 2025-06-24
  • PetDeposit: 500.0

Listing Details

  • OWNERNAME: See Agent
  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: Two
  • Attribution Contact: 972-449-4777
  • Co List Office Mls Id: 115201C
  • Structure Type: House
  • PetsAllowedYN: Yes
  • Special Features: 4098

Interior Features

  • Square Footage: 2584.0
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Smart Home, Cable TV
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Pool Features: None

Garage/Parking

  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Door-Multi, Garage Faces Front, Garage, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available, Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Association Management
  • Association Name: Neighborhood Management

Schools

  • Elementary School: Lacy
  • Junior High Dist: Princeton ISD

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size Units: Square Feet
  • Lot Size Area: 8364.0
  • Parcel Number: R1318300F01101
  • Lot Size Acres: 0.192
  • Lot Size Sq Ft: 8364.0

Building Info

  • Year Built: 2025

Tax Info

  • TaxBlock: F
  • Tax Lot: 11

MLS Schools

  • MiddleOrJuniorSchool: Clark

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2025
Sold by
M/I Homes Of Dfw Llc
Bought by
Mohanty Bibhu Prasad and Mohanty Priyankari
Current Estimated Value
$374,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Outstanding Balance
$351,905
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$22,762
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mohanty Bibhu Prasad -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohanty Bibhu Prasad $352,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Rented -- -- --
07/02/2025 07/02/25 Under Contract -- -- --
06/24/2025 06/24/25 For Rent $2,750 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $66,150 $66,150 --
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2025

    Sakina Ismaelbay

    1152 Realty

    Section Image

  • J

    Tenant's Agent in 2025

    Joseph Pederson

    Keller Williams Realty Allen

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20974036

North Texas Real Estate Information Systems (NTREIS)

APN: R-13183-00F-0110-1

Texas Collin County Princeton 75407

416 Forest Park Pkwy, Princeton, TX

This home is located at 416 Forest Park Pkwy, Princeton, TX 75407 since 24 June 2025 and is currently priced at $374,667. This property was built in 2025. 416 Forest Park Pkwy is a home located in Collin County with nearby schools including Lacy Elementary School, Southard Middle School, and Princeton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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