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For sale
    • $700,000

    101 Island Way, Princeton, TX 75407

    4beds
    2,735sqft
    : 
    $4,985/mo
    Get pre-qualified
    Single Family Residence
    Built in 2001
    1 Acres Lot
    $673,800 Zestimate®
    $256/sqft
    $115/mo HOA

    What's special

    Serene waterfront settingCentral vacuum systemRich wood flooringLarge granite islandGranite countertopsThoughtfully designed split-bedroom layoutBreathtaking panoramic lake views
    Experience luxury lakefront living with the convenience of the city in this stunning custom home located in the highly sought-after Princeton Lakes community. Situated on a rare 1-acre waterfront lot, this elegant 4-bedroom, 3-bath residence offers breathtaking panoramic lake views right from your own backyard—creating a peaceful retreat just minutes from shopping, dining, and entertainment. Qualified buyers may receive up to $5,600 in lender credit towards closing costs! The home features two spacious living areas, rich wood flooring, crown molding, and beautiful custom architectural details throughout. The thoughtfully designed split-bedroom layout provides privacy, while the versatile second living area can easily serve as a home office, study, formal living room, or library. At the heart of the home is an inviting open-concept kitchen with a large granite island, granite countertops, and a striking tumbled stone backsplash—perfect for entertaining or everyday living. The luxurious primary suite offers a relaxing sitting area and a spa-like bathroom complete with a garden jetted tub, creating the perfect place to unwind while enjoying tranquil lake views. Additional features include a 3-car garage with built-in cabinets, workbench, and storage, two water heaters, a central vacuum system, and a spacious utility room with a wet sink, cabinetry, and dedicated freezer space. The attic offers excellent potential for a future upstairs conversion, providing even more flexibility. Step outside to enjoy the serene waterfront setting, complete with a wrought iron pet area and full sprinkler system. Residents of Princeton Lakes enjoy exclusive access to four private lakes and are just minutes from Lake Lavon, offering endless opportunities for recreation while still enjoying the convenience of city living. This exceptional property combines peaceful lakefront serenity with modern luxury and everyday convenience—a rare opportunity you won’t want to miss.
    75 days
    |
    641
    |
    31
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Vargas 0627821 214-924-9936,

    Keller Williams Central 469-467-7755

    Source: NTREIS,MLS#: 21204056

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Dimensions: 17 x 20
      Bedroom
      • Features: Split Bedrooms
      • Level: First
      • Dimensions: 12 x 11
      Bedroom
      • Features: Split Bedrooms
      • Level: First
      • Dimensions: 12 x 14
      Bedroom
      • Features: Split Bedrooms
      • Level: First
      • Dimensions: 15 x 12
      Primary bathroom
      • Features: Double Vanity
      • Level: First
      • Dimensions: 12 x 12
      Dining room
      • Level: First
      • Dimensions: 12 x 13
      Family room
      • Features: Fireplace
      • Level: First
      • Dimensions: 16 x 18
      Kitchen
      • Features: Kitchen Island, Pantry, Stone Counters
      • Level: First
      • Dimensions: 16 x 13
      Living room
      • Level: First
      • Dimensions: 13 x 13
      Utility room
      • Level: First
      • Dimensions: 13 x 6
      Heating
      • Central, Electric, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s), Electric, Zoned
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer
      Features
      • Built-in Features, Central Vacuum, Decorative/Designer Lighting Fixtures, Double Vanity, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Paneling/Wainscoting, Smart Home, Cable TV, Wired for Data, Natural Woodwork, Walk-In Closet(s), Wired for Sound
      • Flooring: Carpet, Ceramic Tile, Hardwood
      • Windows: Bay Window(s), Window Coverings
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Family Room, Masonry
      Interior area
      • Total interior livable area: 2,735 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Additional Parking, Concrete, Door-Multi, Direct Access, Driveway, Garage, Garage Door Opener, Inside Entrance, Kitchen Level, Oversized, Garage Faces Side, Storage, Workshop in Garage
      • Attached garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Enclosed, Patio, Covered
      • Exterior features: Lighting, Rain Gutters
      • Pool features: None
      • Fencing: Partial,Wrought Iron
      • On waterfront: Yes
      Lot
      • Size: 1 Acres
      Details
      • Parcel number: R440200A00101
      • Other equipment: Intercom

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Detached
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 2001

      Utilities & green energy

      • Sewer: Private Sewer, Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Electricity Connected, Sewer Available, Septic Available, Separate Meters, Water Available, Cable Available

      Community & HOA

      Community
      • Features: Boat Facilities, Dock, Fishing, Lake
      • Subdivision: Princeton Lakes
      HOA
      • Has HOA: Yes
      • Services included: Association Management, Security
      • HOA fee: $1,380 annually
      • HOA name: Princeton Lakes Property Owners Association
      • HOA phone: 469-214-5544
      Location
      • Region: Princeton

      Financial & listing details

      • Price per square foot: $256/sqft
      • Tax assessed value: $601,733
      • Annual tax amount: $10,006
      • Date on market: 6/6/2026
      • Cumulative days on market: 78 days

        Estimated market value

        $673,800

        $640,000 - $707,000

        $2,676/mo

        Price history

        DateEventPrice
        6/6/2026Listed for sale$700,000+4.5%$256/sqft
        Source: NTREIS #21204056 Report a problem
        4/6/2023Listing removed--
        Source: NTREIS #20012854 Report a problem
        12/1/2022Listing removed$669,900$245/sqft
        Source: NTREIS #20012854 Report a problem
        7/21/2022Listed for sale$669,900$245/sqft
        Source: NTREIS #20012854 Report a problem
        6/3/2022Contingent$669,900$245/sqft
        Source: NTREIS #20012854 Report a problem
        3/18/2022Listed for sale$669,900+89.8%$245/sqft
        Source: NTREIS #20012854 Report a problem
        8/3/2017Listing removed$352,900$129/sqft
        Source: Sharp Realty #13472816 Report a problem
        6/5/2017Pending sale$352,900$129/sqft
        Source: Sharp Realty #13472816 Report a problem
        5/25/2017Listed for sale$352,900$129/sqft
        Source: Sharp Realty #13472816 Report a problem
        11/23/2016Listing removed$352,900$129/sqft
        Source: Sharp Realty #13472816 Report a problem
        10/19/2016Listing removed$2,600+4%$1/sqft
        Source: Sharp Realty #13472847 Report a problem
        10/4/2016Listed for sale$352,900+0.9%$129/sqft
        Source: Sharp Realty #13472816 Report a problem
        7/18/2016Listing removed$349,900$128/sqft
        Source: Sharp Realty #13164613 Report a problem
        10/11/2015Listing removed$2,500$1/sqft
        Source: SHARP REALTY #13203178 Report a problem
        10/11/2015Pending sale$349,900$128/sqft
        Source: SHARP REALTY #13164613 Report a problem
        9/28/2015Listed for rent$2,500$1/sqft
        Source: SHARP REALTY #13203178 Report a problem
        6/19/2015Listed for sale$349,900$128/sqft
        Source: SHARP REALTY #13164613 Report a problem
        6/13/2015Pending sale$349,900$128/sqft
        Source: SHARP REALTY #13164613 Report a problem
        6/3/2015Listed for sale$349,900+3.2%$128/sqft
        Source: SHARP REALTY #13164613 Report a problem
        12/15/2013Listing removed$339,000$124/sqft
        Source: Sharp Realty #12057868 Report a problem
        11/22/2013Listed for sale$339,000$124/sqft
        Source: Sharp Realty #12057868 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,463 -20%$532,780 +10%
        2024$5,582 +4.1%$484,345 +10%
        2023$5,365 -29.1%$440,314 +10%
        2022$7,569 -0.5%$400,285 +10%
        2021$7,605 +1.6%$363,895 +4.3%
        2020$7,484 -2.8%$348,825 +2.3%
        2019$7,701 -4.7%$341,059 -1.9%
        2018$8,083 +13.2%$347,620 +16.7%
        2017$7,141 $297,768 -2.1%
        2016$7,141 +12.8%$304,000 +14.7%
        2015$6,332 $265,000 +2.3%
        2014$6,332 $258,927 +14.7%
        2013-- $225,840 -0.1%
        2012-- $225,995 -4.7%
        2011-- $237,022 -3.8%
        2010-- $246,379 -5.1%
        2009-- $259,676 -2.2%
        2008-- $265,569 +2.3%
        2007-- $259,706 -3.2%
        2006-- $268,241 -0.8%
        2005-- $270,358 -0.8%
        2004-- $272,472 0%
        2003-- $272,494 -7.4%
        2002-- $294,386 +5787.7%
        2000-- $5,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 75407

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Godwin
        • Middle: Clark
        • High: Princeton
        • District: Princeton ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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