Rare opportunity to build your custom dream home on this **1.24-acre waterfront lot in the highly sought-after Princeton Lakes community**. Located within a private water-ski community featuring **four interconnected lakes**, this residential homesite offers beautiful waterfront views and direct access to a lifestyle centered around boating and water recreation. Waterfront owners enjoy access to the community lakes, with the neighborhood featuring a boat ramp, ski jump and slalom courses. The lot offers the opportunity to design and build a custom home with the potential for a **private dock**, creating a true backyard-to-water experience. Whether you're an avid boater, water-skier, wakeboarder, or simply looking for a peaceful waterfront setting, this property offers a rare combination of acreage, privacy and lakefront living in Princeton. Bring your own builder and create a home tailored to your lifestyle in one of Princeton's unique waterfront communities.
Lot/land
$215,000
430 Red Buoy Cv, Princeton, TX 75407
--beds
--baths
1.24Acres
Unimproved Land
Built in ----
1.24 Acres Lot
$423,600 Zestimate®
$--/sqft
$115/mo HOA
What's special
Four interconnected lakesBeautiful waterfront views
- 16 hours
- 57
- 2
Zillow last checked:
Listing updated:
Listed by:
Carlos Vallejo 0662784 214-299-1581,
TruHome Real Estate 972-299-3959
Source: NTREIS,MLS#: 21373300
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Waterfront features: Canal Access, Lake Front, Waterfront
Lot
- Size: 1.24 Acres
- Dimensions: 170' x 329' Est.
- Features: Waterfront
Details
- Parcel number: R440200B02301
- Zoning description: Residential Zoned
Utilities & green energy
- Sewer: Aerobic Septic, Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Septic Available, Water Available
Community & HOA
Community
- 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
- Tax assessed value: $260,400
- Annual tax amount: $4,890
- Date on market: 8/30/2026
- Cumulative days on market: 1 day
- Exclusions: N/A
- Road surface type: Concrete
Estimated market value
$423,600
$356,000 - $504,000
$2,210/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Listed for sale | $215,000-13.7% |
Source: NTREIS #21373300 Report a problem | ||
| 1/18/2025 | Listing removed | $249,000 |
Source: NTREIS #20818877 Report a problem | ||
| 1/16/2025 | Listed for sale | $249,000+10.7% |
Source: NTREIS #20818877 Report a problem | ||
| 6/5/2023 | Listing removed | -- |
Source: NTREIS #20340645 Report a problem | ||
| 6/2/2023 | Listed for sale | $225,000+181.3% |
Source: NTREIS #20340645 Report a problem | ||
| 10/3/2009 | Listing removed | $79,999 |
Source: Sheldon, REALTORS #11059473 Report a problem | ||
| 7/18/2009 | Listed for sale | $79,999 |
Source: Sheldon, REALTORS #11059473 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,890 +13.1% | $260,400 +15.9% |
| 2024 | $4,326 +19.9% | $224,596 +20% |
| 2023 | $3,609 +9.9% | $187,163 +26% |
| 2022 | $3,284 +17.4% | $148,500 +22.7% |
| 2021 | $2,798 +12.7% | $121,000 +15.8% |
| 2020 | $2,482 +4.5% | $104,500 +10% |
| 2019 | $2,376 -2.7% | $95,000 |
| 2018 | $2,442 +17.4% | $95,000 +18.8% |
| 2017 | $2,080 | $80,000 |
| 2016 | $2,080 +11.7% | $80,000 |
| 2015 | $1,861 | $80,000 +14.3% |
| 2014 | $1,861 | $70,000 |
| 2013 | -- | $70,000 +32.1% |
| 2012 | -- | $53,000 -27.9% |
| 2011 | -- | $73,500 |
| 2010 | -- | $73,500 |
| 2009 | -- | $73,500 -7.9% |
| 2008 | -- | $79,800 |
| 2007 | -- | $79,800 |
| 2006 | -- | $79,800 |
| 2005 | -- | $79,800 |
| 2004 | -- | $79,800 |
| 2003 | -- | $79,800 -0.3% |
| 2002 | -- | $80,000 +45.5% |
| 2001 | -- | $55,000 +1000% |
| 2000 | -- | $5,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 75407
Nearby schools
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.




