402 Mahogany Grove Lane Princeton, TX $ 230,000
402 Mahogany Grove Lane
$ 230,000
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402 Mahogany Grove Lane

Princeton, TX, 75407
$ 230,000
Bedrooms3 Baths2.0 Sq 1,260

Monthly Estimate*

$ 1,589

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Single Family Home for sale in Princeton, TX

for $230,000 with 3 bedrooms and 2 full baths. This 1,260 square foot home was built in 2023 on a lot size of 0.118.

Imagine yourself in this darling craftsman style home in the charming Bridgewater community in Princeton. This 3 bedroom, 2 full bath, and 2 car garage home features an open living space with natural light, an eat-in kitchen with back yard views, and the cutest covered front porch with swing. We love this lot location, as well, facing an open street where you can sit and swing, and wave to your new neighbors. This cozy spot feels like days-gone-by, but it can be yours! Perfect opportunity for first time home buyers, and also an investment option for a rental property. Sellers are offering their FHA Assumable Loan at a generous 4.99% rate, keeping your payments low and potential high! The bustling neighborhood is finished building, so this is a great opportunity to get in and get full use of the amazing amenities here by the lake. Miles of walking trails, parks, ponds, community pool with lazy river, fitness center, calisthenic work-out pit stops staged along the trails, and so much more. Do not sleep on this, it is charming, and waiting for the perfect new owners. Take advantage of the loan assumption by applying for the existing loan and rate, which also saves thousands in closing costs! This just might be the best deal and the right time. Schedule your new home tour today!

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Single Family Active

Price

$ 230,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 5,195

Style

Craftsman

Lot Size

0.118

Year Built

2023

Town/City

Princeton

County/Region

Collin

MLS | Web ID

21424205

Features
Interior
Interior Features Double Vanity Eat-in Kitchen Granite Counters Open Floorplan
Flooring Carpet Luxury Vinyl Plank
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 3
Total Baths 2
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General
Heating Central ENERGY STAR Qualified Equipment
Cooling ENERGY STAR Qualified Equipment
Utilities Concrete Curbs MUD Water
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Microwave
Assoc Fees 700
Number of Garage Spaces 2
Restrictions Deed
School District Princeton ISD
HOA Fee Includes Full Use of Facilities
Pool Y/N 0
Exclusions Washer dryer and refrigerator are all negotiable.
Year Built 2023
Architectural Style Craftsman
Community Features Club House Community Pool Curbs Fishing Fitness Center Jogging Path/Bike Path Lake Park
Levels One
Property Subtype Single Family Residence
Subdivision Name Bridgewater Ph 6
Transaction Type For Sale/Lease
Occupant Type Owner
County Collin
Property Type Residential
Year Built Details Preowned
HOA Type Mandatory
Special Notes Survey Available
Full Baths 2
Status Active
Directions Please use GPS from your current location for the most accurate driving directions.
City Princeton
Elementary School Name Mayfield
High School Lovelady
Elementary School Mayfield
Standard Status Active
Listing Terms Assumable Cash Conventional FHA FHA Assumable USDA Loan VA Loan
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Exterior
Waterfront 0
Lot Features Interior Lot
Vegetation Grassed
Fencing Wood
Soil Type Black
Garage Length 20
Garage Width 20
Parking Features Garage Garage Door Opener Garage Faces Front
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 402
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* Excluded Features
List By
Melissa Lavalley

Listing Agent

Fraser Realty

Broker

Affordability Calculator

$2,021
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,589
Monthly Property Taxes
$433
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3942437 Elementary School
3676441 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2026$230,000 Listed Price

Map


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402 Mahogany Grove Lane, Princeton, TX, 75407 is a Single Family Home for sale at $230,000 with 1,260 sqft and a lot size of 0.118. 402 Mahogany Grove Lane has 3 bedrooms, 2.0 baths, and was built in 2023. The property's zip code is 75407 which is in Princeton, TX