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516 Caraway Trl, Princeton, TX, 75407

3beds
2baths
1,411sqft
$218,999
$155price/sqft
$1,759/moest. monthly cost
$70,360/yrincome needed

About This Home

$15,000 OFF – MOTHERS DAY SPECIAL! LENNAR - Acorn South- Idlewood Floorplan Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
Harper Elementary SchoolGrades PK-53.9 mi
8/10
Clark MiddleGrades 6-85.9 mi
4/10
Princeton High SchoolGrades 9-125.7 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Fiber Cement

Other

  • Builder name: Lennar

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Disposal,Microwave

Bedroom

  • Level: First
  • Dimensions: 10 x 12

Bedroom

  • Level: First
  • Dimensions: 11 x 12

Bedroom

  • Level: First
  • Dimensions: 13 x 11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Dimensions: 9 x 21

Features

  • Built-in Features,Decorative/Designer Lighting Fixtures,High Speed Internet,Open Floorplan,Pantry,Cable TV,Walk-In Closet(s),Air Filtration
  • Flooring: Carpet,Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Central,Electric,ENERGY STAR Qualified Equipment
  • Cooling features: Central Air,Electric,ENERGY STAR Qualified Equipment

Interior Area

  • Total interior livable area: 1,411 sqft

Kitchen

  • Features: Pantry,Stone Counters,Walk-In Pantry
  • Level: First
  • Dimensions: 16 x 9

Living Room

  • Level: First
  • Dimensions: 11 x 21

Master Bedroom

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

Property

Details

  • Parcel number: R1387600B01001
  • Other equipment: Air Purifier

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered
  • Fencing: Wood

Lot

  • Lot size: 4,399 sqft
  • Features: Landscaped,Sprinkler System
  • Lot size dimensions: 45 x 115

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front
  • 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 $1,107$13,284
Home Insurance *$144$1,728
Property Taxes $270$3,240
Electricity $238$2,859
Total$1,759$21,108
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,308/yr
40% on housing$52,770/yr
45% on housing$46,906/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

$155This 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
2026-04-23Listed for sale$218,999

New Construction Spec

AgentDonna Mangum
BrokerageTurner Mangum,LLC

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