Princeton Homes under $400,000

Welcome to Princeton, Texas—a charming city nestled in Collin County that beautifully balances small-town warmth with modern conveniences. Just a short drive from the bustling metropolis of Dallas, Princeton offers residents a peaceful retreat, while still being close enough to enjoy the vibrant city life. With its friendly community atmosphere, excellent schools, and abundant recreational opportunities, Princeton is an ideal place to call home.

One of the most appealing aspects of Princeton is its diverse housing market, particularly for those seeking homes under $400,000. This price range opens the door to a variety of options, from cozy starter homes perfect for first-time buyers to spacious family residences that accommodate growing households. Many of these homes boast modern amenities, open floor plans, and beautiful outdoor spaces, making them perfect for both relaxation and entertaining.

Nature enthusiasts will appreciate Princeton's proximity to parks and outdoor activities, including trails for hiking and biking, as well as nearby lakes for fishing and boating. The city's growing local economy, combined with its rich history and community spirit, makes it an attractive option for families, young professionals, and retirees alike.

In Princeton, you’ll find a welcoming community where neighbors become friends, and every day feels like a new adventure. With homes available under $400,000, now is the perfect time to explore the possibilities and discover your dream home in this delightful Texas town. Come experience all that Princeton has to offer—your new beginning awaits!

Newest Princeton Homes under $400,000

$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

$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

$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

$260,000

3 Beds ⋅ 2 Baths ⋅ 21408428 MLS

VA-ASSUMABLE LOAN AT 4.25% INTEREST RATE! An incredible opportunity for qualified buyers! Welcome home to this beautifully maintained, move-in ready 3-bedroom, 2-bath home in the desirable Bridgewater community! Built in 2021, this home features a bright, open-concept floor plan with a spacious kitchen offering ample cabinet and counter space, a breakfast bar, and an easy flow into the dining and living areas. The primary suite features a private bath and walk-in closet, while two additional bedrooms offer flexibility for guests or a home office. Enjoy the fully fenced backyard and extended patio, perfect for relaxing or entertaining. Bridgewater offers resort-style amenities including multiple community pools, a fitness center, clubhouse, playgrounds, walking trails, scenic ponds, fishing lakes, dog park, sports courts, and miniature golf! Conveniently located with easy access to Princeton, McKinney, Wylie, Lucas, and Allen, along with shopping and dining throughout the surrounding communities. VA loan assumption subject to servicer approval and buyer qualification. Property may also qualify for USDA financing, subject to eligibility. Schedule your showing today!

5309 Lavender Dr, Princeton

$279,990

3 Beds ⋅ 2 Baths ⋅ 21386897 MLS

Welcome to this inviting single-story home in Princeton’s Winchester Crossing community! Offering approximately 1,633 square feet, this thoughtfully designed home features three bedrooms, two full bathrooms, and an open-concept layout ideal for comfortable everyday living and entertaining. The spacious living area features a cozy fireplace and flows seamlessly into the kitchen and dining area. The private primary suite provides a relaxing retreat, while two additional bedrooms offer flexibility for family, guests, or a home office. Enjoy a brick exterior, attached two-car garage, and a generously sized backyard. Winchester Crossing offers desirable community amenities, including a swimming pool, playground, splash pad, and walking trails. Conveniently located near US-380, Princeton schools, shopping, dining, and Lake Lavon.

1415 Blossom Court Dr, 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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