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720 Lighthouse St, Princeton, TX, 75407

2beds
2baths
1,099sqft
$220,000
$200price/sqft
$1,766/moest. monthly cost
$70,640/yrincome needed

About This Home

$2,500 Incentive! Welcome home to one of North Texas' fastest growing cities! Located in Princeton, this home offers the perfect balance of affordability, convenience, and modern living. The open concept floor plan is ideal for everyday living and entertaining, whether you're hosting game nights, family gatherings, or friends for the weekend. The extended patio creates the perfect outdoor space for relaxing evenings, BBQs, and making memories. One of our favorite features is the large backyard, with plenty of room for pets, kids, gardening, or simply enjoying the outdoors. The 2 car garage and backyard storage shed provide extra space for hobbies, projects, and storage. Residents enjoy community amenities including a pool, playground, and walking trails. Princeton continues to grow with new retail, dining, and community developments while maintaining its small-town feel. Conveniently located just 20 minutes from H-E-B and Downtown McKinney, 25 minutes from Allen Premium Outlets, and 30 minutes from Buc-ee's, you'll enjoy easy access to shopping, dining, and entertainment while still enjoying the value and space Princeton offers. If you're looking for a first home, down sizing, or growing your investment portfolio this open concept home, great outdoor living space, and a thriving community, is a must-see! ASK ABOUT THE WATER FILTRATION, SOFTENER, AND REVERSE OSMOSIS! WALKING DISTANCE TO LAKE LAVON!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

5/10
MAYFIELD ELGrades PK-50.7 mi
6/10
Mattei MiddleGrades 6-83.6 mi
5/10
Princeton High SchoolGrades 9-126.8 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Composition,Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse,Modern,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Disposal,Microwave,Water Softener,Water Purifier
  • Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room

Bedroom

  • Level: First
  • Dimensions: 10 x 11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Dimensions: 10 x 5

Features

  • Open Floorplan,Walk-In Closet(s)
  • Window features: Window Coverings
  • Flooring: Carpet,Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,099 sqft

Kitchen

  • Features: Eat-in Kitchen,Kitchen Island,Pantry,Walk-In Pantry
  • Level: First
  • Dimensions: 0 x 0

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Features: En Suite Bathroom,Walk-In Closet(s)
  • Level: First
  • Dimensions: 12 x 15

Property

Details

  • Parcel number: R1307500M00601
  • Attached to another structure: Yes
  • Other equipment: Negotiable
  • Exclusions: All personal items unless negotiated. Excluding Water Filteration System unless negotiated otherwise. Curtains + Rods.

Features

  • Levels: One
  • Stories: 1
  • Pool features: None,Community
  • Patio & porch: Patio,Covered
  • Exterior features: Kennel,Outdoor Shower,Rain Gutters,Storage
  • Fencing: Back Yard,Fenced,Wood
  • Residential vegetation: Grassed

Lot

  • Lot size: 6,011 sqft
  • Features: Back Yard,Interior Lot,Lawn,Landscaped,Sprinkler System

Parking

  • Total spaces: 2
  • Parking features: Door-Single,Garage Faces Front,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Tornado
Hail
Cold Wave
Heat Wave

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,112$13,344
Home Insurance *$145$1,740
Property Taxes $271$3,252
Electricity $238$2,859
Total$1,766$21,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,548/yr
40% on housing$52,980/yr
45% on housing$47,093/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 75407$127
Collin County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 75407$155
Collin County$185

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Contingent$219,000
2026-08-07Price change$219,000
2026-06-25Listed for sale$220,000
2026-02-05Listing removed$1,950
2026-01-17Price change$1,950
2026-01-15Listed for rent$2,000
2024-03-27Sold--

For Sale by Agent

AgentNatalie Broom
BrokerageRegal, REALTORS

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