$366,799
SOLD FEB 19, 2025
Last list price

518 Mill Trace Way Princeton, TX 75407

4 Beds
3 Baths
2,210 Sq Ft
6,011 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

7 Days on Market

Highlights

  • New Construction
  • Community Lake
  • Ranch Style House
  • Open Floorplan
  • Clubhouse
  • Private Yard

About This Home

As of February 2025

LENNAR at Bridgewater - Hendrix Floorplan - This single-level home features a modern, low-maintenance layout, with an open-concept floorplan and inviting covered patio perfect for entertaining. Three secondary bedrooms are located off the foyer, with a convenient flex space near the main living area ready to be used as a studio or home office. The luxe owner’s suite is tucked into a private corner at the back of the home.THIS IS COMPLETE FEBRUARY 2025!Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.

Last Agent to Sell the Property

Jared Turner

Turner Mangum LLC Brokerage Phone: 866-314-4477 License #0626887 Listed on: 11/25/2024

Last Buyer's Agent

Kent Frederick

Dave Perry Miller Real Estate License #0692943

Dave Perry Miller Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 50x115
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Private Yard

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2-Car Garage with one garage door
  • Front Facing Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,210 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Decorative Lighting
  • ENERGY STAR Qualified Windows
  • 12 Inch+ Attic Insulation

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Low Flow Toliet

Laundry

  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Rain or Freeze Sensor
  • ENERGY STAR Qualified Equipment for Heating
  • Energy-Efficient Thermostat
  • Mechanical Fresh Air

Outdoor Features

  • Covered Patio or Porch

Schools

  • Mayfield Elementary School
  • Mattei Middle School
  • Princeton High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer
  • High-Efficiency Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R-13144-00F-0190-1

Community Details

Overview

  • Association fees include full use of facilities, ground maintenance, management fees
  • Pmp Management HOA, Phone Number (972) 433-0646
  • Bridgewater Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Additional Features

  • Clubhouse
  • Fenced around community

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Year Built Details: New Construction - Incomplete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 866-314-4477
  • Special Features: NewHome
  • Year Built: 2024

Interior Features

  • Square Footage: 2210.00
  • Interior Amenities: Built-in Features, Cable TV Available, Decorative Lighting, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Luxury Vinyl Plank, Other
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Club House, Community Pool, Community Sprinkler, Jogging Path/Bike Path, Lake, Park, Perimeter Fencing, Playground
  • Fencing: Wood
  • Roof: Asphalt
  • Construction Materials: Brick, Fiber Cement, Rock/Stone
  • Exterior Features: Covered Patio/Porch, Private Yard
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment, Heat Pump
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage, Garage Faces Front, Garage Single Door
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, ENERGY STAR Qualified Equipment, Heat Pump
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: Concrete, Curbs, MUD Sewer, MUD Water, Sidewalk

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Grounds, Management Fees
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: PMP Management
  • HOA Management Company: (972) 433-0646

Schools

  • School District: Princeton ISD
  • Elementary School: Mayfield
  • Middle School: Mattei
  • High School: Princeton
  • School District: Princeton ISD
  • Elementary School: Mayfield

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Landscaped, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.1380
  • Lot Size: 50X115
  • Parcel Number: R-13144-00F-0190-1
  • Lot Size Acres: 0.1380
  • Lot Size Sq Ft: 6011.2800

Green Features

  • GreenWaterConservation: Low-Flow Fixtures
  • Efficiency: 12 inch+ Attic Insulation, Appliances, Doors, Insulation, Low Flow Commode, Mechanical Fresh Air, Rain / Freeze Sensors, Thermostat, Waterheater, Windows
  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 2024
  • SeniorCommunityYN: No

MLS Schools

  • Middle School Name: Mattei
  • Elementary School Name: Mayfield
  • High School Name: Princeton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Feb 19, 2025
Sold by
Lennar Homes Of Texas Land And Construct and Lennar Homes Of Texas Sales And Marketin
Bought by
Peterson Lauren Christine and Bertrand Lance Christopher
Seller's Agent
Jared Turner
Turner Mangum LLC
Buyer's Agent
Kent Frederick
Dave Perry Miller Real Estate
List Price
$366,799
Views
4
Current Estimated Value
$469,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.25%
Original Mortgage
$360,155
Outstanding Balance
$359,252
Interest Rate
6.93%
Mortgage Type
FHA
Estimated Equity
$7,065

Purchase Details

Listed on
Nov 25, 2024
Closed on
Jan 9, 2025
Sold by
Ag Ehc Ii Len Multi State 2 Llc
Bought by
Lennar Homes Of Texas Land And Construction L
Seller's Agent
Jared Turner
Turner Mangum LLC
Buyer's Agent
Kent Frederick
Dave Perry Miller Real Estate
List Price
$366,799
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,155
Outstanding Balance
$359,252
Interest Rate
6.93%
Mortgage Type
FHA
Estimated Equity
$7,065
Source: Public Records

Similar Homes in Princeton, TX

  • 545 Mill Trace Way, Princeton, TX 75407

    $311,950

    • 3 Beds
    • 2 Baths
    • 1,801 Sq Ft
    • 545 Mill Trace Way
    • Princeton, TX

    Step into this 3 bedroom, 2 full bathroom, single-story stunner in a newly developed subdivision, just minutes from Lake Lavon. The open floor plan connects the kitchen, breakfast room, and living room, leading to a covered patio for year-round outdoor relaxation. The owner's suite boasts tall ceilings, a luxurious bathroom with a walk-in shower, and a spacious walk-in closet with two sinks. Two

    James Palin Coldwell Banker Realty

    Section Image
  • 6218 Holly Spring Rd, Princeton, TX 75407

    $320,000

    • 4 Beds
    • 2.5 Baths
    • 1,600 Sq Ft
    • 6218 Holly Spring Rd
    • Princeton, TX

    Perfect for investors. Leased at $2125 per month. This 2024 November built home comes equipped with a refrigerator, washer, dryer, and 2-inch PVC blinds. The open floor plan features a spacious family room with a powder bath, dining area and kitchen downstairs. Upstairs, you will find 4 bedrooms, 2 full bathrooms and also the utility room that is fully equipped with a washer and dryer . The

    Sebastian Abraham All City Real Estate, Ltd. Co.

    Section Image
  • 1609 Grand Villa St, Princeton, TX 75407

    $290,000

    • 3 Beds
    • 2 Baths
    • 1,623 Sq Ft
    • 1609 Grand Villa St
    • Princeton, TX

    Why wait for new construction? This like-new 2022 DR Horton Devine floorplan home is move-in ready! Located in the Winchester Crossing community, this home offers 3 spacious bedrooms, 2 full baths and an open-concept layout perfect for modern living. The gourmet kitchen features granite countertops, stainless steel appliances, gas cooktop, a large island, and ample cabinet space. The primary

    LaMaya Baker Orchard Brokerage, LLC

    Section Image
  • 516 Spur Ridge, Princeton, TX 75407

    $299,900

    • 4 Beds
    • 2 Baths
    • 2,059 Sq Ft
    • 516 Spur Ridge
    • Princeton, TX

    Welcome to 516 Spur Ridge in the heart of Princeton's desirable Winchester Crossing community! This beautifully maintained 4-bedroom, 2-bath home offers the perfect blend of comfort, space, and modern design. Lightly lived in and still feeling brand new, it features an open-concept layout with a spacious living room and gorgeous laminate flooring that flows seamlessly throughout the main areas.

    Lucy Knox FloraVista Realty, LLC

    Section Image
  • 1112 Quaint Meadow Dr, Princeton, TX 75407

    $330,000

    • 4 Beds
    • 2 Baths
    • 1,653 Sq Ft
    • 1112 Quaint Meadow Dr
    • Princeton, TX

    This beautiful and well-maintained open-concept home is located in the highly desirable Winchester Crossing community of Princeton. Offering an assumable loan at an attractive 4.65%, it presents a rare opportunity for buyers seeking both comfort and financial advantage. Situated on a prime corner lot, the property features four spacious bedrooms and two full bathrooms, with a layout designed for

    Lori Lovelace United Real Estate Frisco

    Section Image
  • 906 Bluewood St, Princeton, TX 75407

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,873 Sq Ft
    • 906 Bluewood St
    • Princeton, TX

    Welcome to your next home in the heart of Arcadia Farms! This beautifully maintained home features a charming brick-and-stone exterior, a welcoming front porch, Ring doorbell, and a smart garage door system. Inside, enjoy soaring 11-foot ceilings, elegant gray tile flooring, fresh interior paint, and an open-concept layout ideal for everyday living and entertaining.The kitchen boasts

    Tonya Peek Coldwell Banker Realty Frisco

    Section Image
  • 800 Goldenrod Ln, Princeton, TX 75407

    $335,000

    • 4 Beds
    • 2 Baths
    • 2,036 Sq Ft
    • 800 Goldenrod Ln
    • Princeton, TX

    ASSUMABLE MORTGAGE AT 3.625% RATE! LOW ELECTRICITY BILLS with solar panels and tinted windows. (Bills average $50 a month) Welcome to this beautiful, nearly-new residence in the highly desirable area of Princeton, TX! Featuring 4 spacious, split bedrooms and 2 full bathrooms, this well-designed home perfectly combines style and practicality. The open floor plan welcomes you, showcasing a bright

    Bonita Love Joe Atkins Realty

    Section Image
  • 2100 Hummingbird St, Princeton, TX 75407

    $374,888

    • 3 Beds
    • 2 Baths
    • 1,988 Sq Ft
    • 2100 Hummingbird St
    • Princeton, TX

    Discover this charming and meticulously maintained single-story home in the sought-after Princeton community. Featuring 3 bedrooms and 2 bathrooms, this residence boasts an inviting open-concept layout with elegant LVT flooring in the main living areas. The gourmet kitchen is equipped with granite countertops, stainless steel appliances, a generous island, and plenty of cabinet space—perfect for

    Swati Shah Keller Williams Frisco Stars

    Section Image
See All Homes in Princeton

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,155 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold -- -- --
12/03/2024 12/03/24 Pending -- -- --
11/25/2024 11/25/24 For Sale $366,799 -- $166 / Sq Ft
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 -- $63,000 $63,000 --
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jared Turner

    Turner Mangum LLC

    (866) 314-4477

    6,211 Total Sales

    Jared Turner
    Section Image
  • Kent Frederick

    Buyer's Agent in 2025

    Kent Frederick

    Dave Perry-Miller

    (972) 249-5236

    89 Total Sales

    Kent Frederick
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20785745

North Texas Real Estate Information Systems (NTREIS)

APN: R-13144-00F-0190-1

Texas Collin County Princeton 75407

518 Mill Trace Way, Princeton, TX

This home is located at 518 Mill Trace Way, Princeton, TX 75407 and is currently estimated at $366,799, approximately $165 per square foot. This property was built in 2024. 518 Mill Trace Way is a home located in Collin County with nearby schools including Princeton High School and Lucas Christian Academy.

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

Nearby Homes