NOT LISTED FOR SALE

525 Grenada Lake Dr Princeton, TX 75407

Estimated Value: $293,000 - $335,000

4 Beds
2.5 Baths
1,619 Sq Ft
$195/Sq Ft Est. Value

Highlights

  • New Construction
  • Contemporary Architecture
  • Walk-In Closet
  • Open Floorplan
  • 2-Car Garage with one garage door
  • Kitchen Island

About This Home

As of April 2024

New 2023 Build HOME for LEASE - You will be the SECOND one to use it. LAKE MEADOW, a beautiful community in Princeton. Two story Lincoln, Elevation X - 4BR, 3BA. Features stainless appliances, quartz countertops, white cabinetry, 2 inch faux wood blinds, double vanity in owner's bath, and more - Open concept home design perfect for growing families, or entertaining guests. HOA is paid by owner. Washer, Dryer and Refrigerator Included.
TAR Application for all 18+ with IDs and proof of income, Application fee $50 per application 18+ years payable via Zelle. Income 4X monthly rent, credit. NOTE: WASHER, DRYER, REFRIGERATOR INCLUDED.

Last Agent to Rent the Property

Hitesh Shah

VP Realty Services Brokerage Phone: 214-597-0294 License #0655474 Listed on: 01/05/2024

Last Renter's Agent

Hitesh Shah

VP Realty Services Brokerage Phone: 214-597-0294 License #0655474 Listed on: 01/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,361

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 5,053 Sq Ft Lot
  • Wood Fence
  • Back Yard

Parking

  • 2-Car Garage with one garage door
  • 2 Carport Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,619 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

  • Godwin Elementary School
  • Clark Middle School
  • Princeton High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,090
  • Tenant pays for all utilities, electricity, sewer, trash collection, water
  • 12 Month Lease Term
  • $50 Application Fee
  • Legal Lot and Block 39/A / Block A
  • Assessor Parcel Number R1265200A03901

Community Details

Overview

  • Lake Meadow HOA, Phone Number (972) 359-1548
  • Mandatory Home Owners Association

Amenities

  • Community Mailbox

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,361

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Breed Restrictions, Number Limit, Size Limit
  • Deposit Amount: 2090
  • Pet Deposit: 400
  • Lease Conditions: Application Fee, Prior Residence Info., References Required, Written Application (+)
  • Lease Term: 12 Months
  • Lease Type: 1 Year Plus
  • Number Of Pets Allowed: 2
  • Tenant Pays: All Utilities, Electricity, Sewer, Trash Collection, Water
  • App Fee Payable To: Agent Zelle 734-968-0024
  • Application Fee: 50
  • Furnished YN: No

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Restrictions: Agricultural, Animals, No Smoking, No Sublease, No Waterbeds, Pet Restrictions
  • Security: Smoke Detector(s)
  • Year Built Details: New Construction - Complete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Non Refundable Pet Fee Y N: Yes
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • App Fee Plus18 Yrs Y N: Yes
  • Horse Permitted Y N: No
  • Lake Pump Y N: No
  • Attribution Contact: 214-597-0294
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2023

Interior Features

  • Square Footage: 1619.00
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Cooktop, Microwave, Convection Oven
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 6
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Easements: None
  • Pool: No
  • Foundation: Concrete Perimeter
  • Fencing: Back Yard, Fenced, Wood
  • Roof: Composition
  • Construction Materials: Brick, Concrete, Wood
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 2
  • Total Covered Spaces: 2
  • Number Of Vehicles: 3
  • Parking Features: Garage Single Door, Garage Door Opener, Garage Faces Front
  • Attached Garage YN: Yes
  • Garage Height: 8
  • GarageYN: Yes

Utilities

  • Heating: Electric
  • Utilities: City Sewer, City Water, Community Mailbox

Condo/Co-op/Association

  • Association Type: Mandatory
  • Hoa Management Company: Lake Meadow HOA
  • HOA Management Company: 972-359-1548
  • Number Of Days Guests Allowed: 10

Schools

  • School District: Princeton ISD
  • Elementary School: Godwin
  • Middle School: Clark
  • High School: Princeton
  • School District: Princeton ISD
  • Elementary School: Godwin

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1160
  • Parcel Number: R1265200A03901
  • Lot Size Acres: 0.1160
  • Lot Size Sq Ft: 5052.9600
  • Assessor Parcel Number 2: 2857781

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2023
  • StoriesTotal: 2
  • SeniorCommunityYN: No

Tax Info

  • Special Taxing Entities: No
  • TaxBlock: Block A
  • Tax Lot: 39/A

MLS Schools

  • Middle School Name: Clark
  • Elementary School Name: Godwin
  • High School Name: Princeton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2023
Closed on
Apr 20, 2023
Sold by
Pulte Homes Of Texas Lp
Bought by
Ghori Hitesh
Seller's Agent
Hitesh Shah
VP Realty Services
Buyer's Agent
Hitesh Shah
VP Realty Services
Views
41
Current Estimated Value
$316,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,355
Outstanding Balance
$226,902
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$89,595
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
Ghori Hitesh -- Simplifile
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghori Hitesh $233,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Rented $2,090 0.0% --
03/06/2024 03/06/24 Price Changed $2,090 -4.6% $1 / Sq Ft
01/05/2024 01/05/24 For Rent $2,190 +0.9% --
05/14/2023 05/14/23 Rented $2,170 +5.9% --
05/10/2023 05/10/23 Under Contract -- -- --
04/23/2023 04/23/23 For Rent $2,050 -- --
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 $4,361 $293,547 $100,000 $193,547
2023 $4,361 $138,495 $60,000 $78,495
Source: Public Records

Agents Affiliated with this Home

  • H

    Landlord's Agent in 2024

    Hitesh Shah

    VP Realty Services

    (734) 968-0024

    3 in this area

    22 Total Sales

    Hitesh Shah
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20505526

North Texas Real Estate Information Systems (NTREIS)

APN: R-12652-00A-0390-1

Texas Collin County Princeton 75407

525 Grenada Lake Dr, Princeton, TX

This home is located at 525 Grenada Lake Dr, Princeton, TX 75407 since 05 January 2024 and is currently priced at $316,497. This property was built in 2023. 525 Grenada Lake Dr is a home located in Collin County with nearby schools including Godwin Elementary 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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