Princeton Homes under $500,000

Welcome to Princeton, Texas – a charming city nestled in the heart of Collin County, where small-town warmth meets modern convenience. Just a short drive from the bustling metropolis of Dallas, Princeton offers a perfect blend of tranquility and accessibility, making it an ideal place for families, young professionals, and retirees alike.

With a rich history and a strong sense of community, Princeton is known for its friendly atmosphere and vibrant local culture. The city boasts a variety of parks, recreational facilities, and community events that foster a close-knit environment. Residents enjoy easy access to outdoor activities, from picnicking in beautiful parks to exploring scenic walking trails, all while being surrounded by the stunning Texas landscape.

For homebuyers seeking affordability without compromising on quality, Princeton is a hidden gem. The real estate market in this area features a diverse selection of homes priced under $500,000. Whether you’re looking for a cozy starter home, a spacious family residence, or a charming property with room to grow, Princeton has something to suit every lifestyle and budget.

Imagine coming home to a beautifully designed space, complete with modern amenities and a welcoming neighborhood. With excellent schools, shopping centers, and dining options nearby, Princeton is not just a place to live; it’s a place to thrive.

Discover the charm of Princeton, Texas today, and see why so many are choosing to call this delightful city home! Your dream home awaits in this vibrant community!

Newest Princeton Homes under $500,000

$359,000

4 Beds ⋅ 3 Baths ⋅ 21409965 MLS

** 2.99% Rates (5.80% APR)* Plus, Receive $10,000 Toward Closing Costs & $700 Per Month For a Minimum of 2 Years After Closing When You Make Your Payments Through MegPrime Pay. Starting October 1st, Limited Time Only. Terms and Conditions Apply ** Brand New Construction by Megatel Homes! Lagoon life is coming to Princeton ISD! Introducing Sicily, a tranquil community found in the heart of Princeton, Texas. Our master-planned community is designed to elevate your quality of life with beautifully landscaped spaces dedicated to fitness, wellness, and relaxation. Whether you’re enjoying a drink at the swim up bar, breaking a sweat in the state-of-the-art fitness center, or engaging in some friendly competition at our sixteen-lane bowling alley, coming home here is a daily retreat. Why settle for the hustle and bustle when you can embrace the tranquility? Join us in a place where community bonds are strong, schools excel, and family life thrives! Move-in ready and never occupied! Megatel Homes Aurora plan is a two-story, 2,457 square foot home featuring four bedrooms, two and a half bathrooms, a cozy entry foyer, a utility room, a game room, a covered patio, and a two-car garage. Situated on a corner 40 ft lot, this home is available with elevation B, showcasing a distinct and stylish exterior design.

612 Aroco Bnd, Princeton

$369,000

4 Beds ⋅ 3 Baths ⋅ 21409959 MLS

** 2.99% Rates (5.80% APR)* Plus, Receive $10,000 Toward Closing Costs & $700 Per Month For a Minimum of 2 Years After Closing When You Make Your Payments Through MegPrime Pay. Starting October 1st, Limited Time Only. Terms and Conditions Apply ** Brand New Construction by Megatel Homes! Lagoon life is coming to Princeton ISD! Introducing Sicily, a tranquil community found in the heart of Princeton, Texas. Our master-planned community is designed to elevate your quality of life with beautifully landscaped spaces dedicated to fitness, wellness, and relaxation. Whether you’re enjoying a drink at the swim up bar, breaking a sweat in the state-of-the-art fitness center, or engaging in some friendly competition at our sixteen-lane bowling alley, coming home here is a daily retreat. Why settle for the hustle and bustle when you can embrace the tranquility? Join us in a place where community bonds are strong, schools excel, and family life thrives! Move-in ready and never occupied! Megatel Homes Aurora plan is a two-story, 2,438 square foot home featuring four bedrooms, two and a half bathrooms, a cozy entry foyer, a utility room, a game room, a covered patio, and a two-car garage. Situated on a corner 40 ft lot, this home is available with elevation B, showcasing a distinct and stylish exterior design.

3015 Isla Ter, Princeton

$369,000

4 Beds ⋅ 4 Baths ⋅ 21409788 MLS

** 2.99% Rates (5.80% APR)* Plus, Receive $10,000 Toward Closing Costs & $700 Per Month For a Minimum of 2 Years After Closing When You Make Your Payments Through MegPrime Pay. Starting October 1st, Limited Time Only. Terms and Conditions Apply ** Brand New Construction by Megatel Homes! Lagoon life is coming to Princeton ISD! Introducing Sicily, a tranquil community found in the heart of Princeton, Texas. Our master-planned community is designed to elevate your quality of life with beautifully landscaped spaces dedicated to fitness, wellness, and relaxation. Whether you’re enjoying a drink at the swim up bar, breaking a sweat in the state-of-the-art fitness center, or engaging in some friendly competition at our sixteen-lane bowling alley, coming home here is a daily retreat. Why settle for the hustle and bustle when you can embrace the tranquility? Join us in a place where community bonds are strong, schools excel, and family life thrives! Under Construction! Megatel Homes Annabelle IV plan is a two-story, 2,405 square foot home featuring 4 bedrooms, 3.5 bathrooms, a cozy entry foyer, a Mud & Utility room, a gourmet kitchen, a linear fire place, a game room, a covered patio, and a two-car garage. The main-level primary suite features a spacious walk-in closet and an upgraded private ensuite bath. Situated on a corner 50 ft lot, this home is available with elevation A, showcasing a distinct and stylish exterior design.

1100 Pomodoro Pl, Princeton

$335,000

4 Beds ⋅ 3 Baths ⋅ 21409629 MLS

** 2.99% Rates (5.80% APR)* Plus, Receive $10,000 Toward Closing Costs & $700 Per Month For a Minimum of 2 Years After Closing When You Make Your Payments Through MegPrime Pay. Starting October 1st, Limited Time Only. Terms and Conditions Apply ** Brand New Construction by Megatel Homes! Lagoon life is coming to Princeton ISD! Introducing Sicily, a tranquil community found in the heart of Princeton, Texas. Our master-planned community is designed to elevate your quality of life with beautifully landscaped spaces dedicated to fitness, wellness, and relaxation. Whether you’re enjoying a drink at the swim up bar, breaking a sweat in the state-of-the-art fitness center, or engaging in some friendly competition at our sixteen-lane bowling alley, coming home here is a daily retreat. Why settle for the hustle and bustle when you can embrace the tranquility? Join us in a place where community bonds are strong, schools excel, and family life thrives! Move-in ready and never occupied! Move-in ready and never occupied! Megatel Homes Scarlett plan is a two-story, 1,906 square foot home featuring 4 bedrooms, 3 bathrooms, a cozy entry foyer, a split floor plan, a utility room, and a two-car garage. Situated on a 40 ft lot, this home is available with elevation B, showcasing a distinct and stylish exterior design. Join us in a community where the landscape is vast, the school district is thriving, and the possibilities are limitless.

915 Sicily Blvd, Princeton

$330,672

3 Beds ⋅ 2 Baths ⋅ 21409307 MLS

BRAND NEW energy - efficient home Dec 2026! A private study in the Oleander makes a perfect home office or play room. White cabinets with veined white quartz countertops, muted beige EVP flooring with light taupe carpet. Spend the weekends debating what activity to do in this amenity-filled community, make a splash in the resort-style pool, pick up a game of basketball, or let the kids loose on the playground. With quick access to US 380, residents will enjoy the benefits of a short commute to downtown McKinney, Frisco, or Richardson to enjoy nearby shopping and entertainment. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

1206 Morrell Dr, Princeton

$352,478

4 Beds ⋅ 3 Baths ⋅ 21409305 MLS

BRAND NEW energy - efficient home Dec 2026! The spacious living area flows seamlessly outdoors to the covered back patio. White cabinets with veined white quartz countertops, tan tone EVP flooring with gray beige tweed carpet. Spend the weekends debating what activity to do in this amenity-filled community, make a splash in the resort-style pool, pick up a game of basketball, or let the kids loose on the playground. With quick access to US 380, residents will enjoy the benefits of a short commute to downtown McKinney, Frisco, or Richardson to enjoy nearby shopping and entertainment. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

1208 Morrell Dr, Princeton

$432,062

5 Beds ⋅ 3 Baths ⋅ 21409304 MLS

BRAND NEW energy - efficient home Dec 2026! Skip the theater and enjoy movie night at home from the comfort of the Kessler's second-story game room. White cabinets with veined white quartz countertops, tan tone EVP flooring and light grey brown textured carpet. Spend the weekends debating what activity to do in this amenity-filled community, make a splash in the resort-style pool, pick up a game of basketball, or let the kids loose on the playground. With quick access to US 380, residents will enjoy the benefits of a short commute to downtown McKinney, Frisco, or Richardson to enjoy nearby shopping and entertainment. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

412 Watertown Dr, Princeton

$395,000

4 Beds ⋅ 3 Baths ⋅ 21401515 MLS

THIS IS AN ASSUMABLE LOAN OPPORTUNITY WITH INTEREST RATE AT 5.375%! Welcome to 5127 Penrose Dr in Princeton, TX, a 2023-built, true one-and-a-half story home with 2,347 sq ft and ALL 4 bedrooms on the first floor, plus two full baths and a convenient half bath for guests. Set on an oversized .236 acre corner lot, this home offers extra outdoor space and great curb appeal. Inside, you'll find tile that looks like white oak hardwood flooring, giving you the warm, modern look without the upkeep. Upgraded plush carpet in all bedrooms adds comfort where you want it most. The kitchen is made for gathering, featuring a HUGE oversized island, an electric stovetop and oven, and plenty of storage space for everything from everyday dishes to specialty cookware. Located in the master-planned community of Bridgewater, with a lifestyle director and plenty of activities to entertain the entire family, this home delivers both value and a vibrant neighborhood. With a low assumable rate in today's market, this one won't last. Schedule your showing today!

5127 Penrose Dr, Princeton

$207,999

4 Beds ⋅ 2 Baths ⋅ 21404731 MLS

Welcome to 250 Herman Lane, a charming single-story home in Princeton’s Tillage Farms community. This 4-bedroom, 2-bath home offers approximately 1,300 square feet with an open-concept layout connecting the family room, dining area, and kitchen. The kitchen features granite countertops, a pantry, range, microwave, dishwasher, and disposal. The private primary suite is tucked away at the rear of the home and includes a walk-in closet and ensuite bath, while three additional bedrooms provide flexibility for family, guests, or a home office. Enjoy a fenced backyard and convenient access to community amenities, including a resort-style pool, playground, and green spaces. Located near Lake Lavon with easy access to shopping and dining, this home combines comfort, convenience, and easy everyday living. ENTIRE home is freshly painted. Kitchen island, washer, dryer and fridge will convey with the home.

250 Herman Ln, Princeton

$240,000

3 Beds ⋅ 2 Baths ⋅ 21409242 MLS

?? UNBEATABLE FINANCING: 2.75% FHA Assumable Interest Rate! Lock in massive monthly savings on this impeccably maintained 2021 modern home! Featuring a sunlit open-concept layout designed for effortless living and entertaining, this turn-key property is settled in Princeton’s premier, sold-out Bridgewater community. Enjoy resort-style amenities—pools, scenic walking trails, fishing ponds, and parks—just minutes from US-380, Lake Lavon, and McKinney. Skip the builder waitlist and secure incredible rate savings before it’s gone!

554 Deerfern Dr, Princeton

$449,990

4 Beds ⋅ 4 Baths ⋅ 21409083 MLS

Welcome to 2122 Victoria Lane, where space, style and thoughtful features come together beautifully! From the moment you step inside, soaring ceilings and an impressive entry set the tone for this spacious two-story home. The kitchen is made for gathering, featuring Bianco Antico granite countertops, rich cabinetry, a huge center island, generous pantry space under the stairs, and a charming breakfast area with window seating. Just beyond, the family room is anchored by a lovely brick corner fireplace. The spacious primary suite offers a sitting area, dual vanities and two walk-in closets. Upstairs is where this home really keeps giving, with an expansive game room, separate media room, and spacious secondary bedrooms, including a private en-suite bedroom with its own walk-in closet, perfect for guests or extended family. Outside, enjoy a large fenced backyard, full sprinkler system and plenty of room to create your ideal outdoor space. And here’s a bonus buyers will love: the solar panel system is fully owned and conveys with the home, with no solar loan to assume! Additional features include granite in all baths, two AC units, TechShield roof decking, and a 2-car garage. So much space, so many features, and so much to love. Financing options make this home even more attractive! Qualified buyers may be eligible for up to $5,000 in lender credits when financing through the preferred lender. Rent-to-own options are also available for qualified buyers. Contact listing agent for program details, qualifications and restrictions. Come see 2122 Victoria Lane for yourself!

2122 Victoria Ln, Princeton

$335,000

4 Beds ⋅ 3 Baths ⋅ 21408523 MLS

Welcome to this stunning, one-owner home in the desirable Lake Meadow community of Princeton! Built in 2022, this meticulously maintained 2-story Monroe floor plan features 4 bedrooms, 3 bathrooms, and an open living space. The heart of the home showcases an open-concept kitchen equipped with a large island, sleek quartz countertops, and stainless steel appliances. Perfect for effortless entertaining, the spacious layout flows into a welcoming family room. Retreat to the private primary suite featuring a luxurious double vanity and plenty of storage. Pristine condition and move-in ready within top-rated Princeton ISD.

819 Ozark Path, Princeton

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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