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601 Palazzo Pl, Weston, TX, 75097

5beds
4baths
3,159sqft
$509,000
$161price/sqft
$3,733/moest. monthly cost
$149,320/yrincome needed

About This Home

** 2.99% FIXED RATE for a 30-Year Mortgage (3.75% APR) on Select Homes for a Limited Time When Using MCI Mortgage ** Brand New Construction by Megatel Homes! Lagoon life is coming to McKinney ISD! Venetian is a luxury master-planned community in Celina, blending modern convenience with small-town charm. Located within the acclaimed McKinney ISD, families enjoy top-tier education along with beautifully landscaped spaces dedicated to wellness and relaxation. With a state-of-the-art waterpark, featuring a surf simulator, waterslide tower, and swim-up bar, Venetian offers a vibrant, resort-style lifestyle for all ages. Move-in ready and never occupied! Megatel's Madison II plan is a two-story home featuring 5 bedrooms, 4 bathrooms, a breakfast area, a game room, and a two-car garage, with 3,159 sq ft of living space. Available with elevation A and situated on a 50ft lot, this home is designed for versatility and style, offering spacious living areas and modern finishes. Perfect for families and entertaining.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Gas Cooktop,Disposal,Gas Water Heater,Tankless Water Heater,Vented Exhaust Fan

Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Dimensions: 11 x 11

Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Dimensions: 13 x 10

Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Dimensions: 13 x 10

Bedroom

  • Level: First
  • Dimensions: 11 x 12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Breakfast Room Nook

  • Level: First
  • Dimensions: 10 x 11

Dining Room

  • Level: First
  • Dimensions: 11 x 11

Features

  • High Speed Internet,Cable TV,Vaulted Ceiling(s)
  • Flooring: Carpet,Ceramic Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas Log
  • Fireplace: Yes

Game Room

  • Level: Second
  • Dimensions: 14 x 19

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 3,159 sqft

Kitchen

  • Features: Kitchen Island
  • Level: First
  • Dimensions: 10 x 13

Living Room

  • Level: First
  • Dimensions: 13 x 22

Master Bedroom

  • Features: Dual Sinks,Garden Tub/Roman Tub,Linen Closet,Separate Shower,Walk-In Closet(s)
  • Level: First
  • Dimensions: 12 x 18

Utility Room

  • Level: First
  • Dimensions: 10 x 10

Property

Details

  • Parcel number: TBD

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered
  • Exterior features: Rain Gutters
  • Fencing: Wood

Lot

  • Lot size: 6,250 sqft
  • Features: Back Yard,Interior Lot,Lawn,Landscaped
  • Lot size dimensions: 50 x 125

Parking

  • Total spaces: 2
  • Parking features: Door-Single
  • 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

  • Hail
    HailVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Inland Flooding
Wildfire
Winter Weather

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 $2,573$30,876
Home Insurance *$187$2,244
Property Taxes $627$7,524
Electricity $346$4,162
Total$3,733$44,796
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$127,988/yr
40% on housing$111,990/yr
45% on housing$99,546/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

$161This listing

vs Other Active Listings

Avg $/sqft

ZIP 75097—
Collin County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 75097—
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
2026-04-23Price change$509,000
2026-04-07Price change$558,000
2026-01-24Listed for sale$559,000

New Construction

AgentJagjit Singh
BrokerageJagjit Singh

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