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5127 Penrose Drive, Princeton, Texas– $395,000
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  • 4 Beds
  • 2.1 Baths
  • 2,347 Sqft
  • 2 Garages
  • .24 Acres
  • 2023 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • 4 Beds
  • 2.1 Baths
  • 2,347 Sqft
  • 2 Garages
  • .24 Acres
  • 2023 Year Built
  • Study
  • Game Room
  • Media
  • Pool

5127 Penrose Drive
Princeton, Texas 75407-3292

County: Collin Bridgewater Ph 7b

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!

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$395,000
  • Est. Payment /m
  • Cumulative Days on MarketUnlock
  • MLS® #21401515
  • Bedrooms4
  • Bathrooms2.10
  • Square Footage2,347
  • Acres0.24
  • Year Built2023
  • Built Desc.Preowned
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional
  • StatusActive
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Quick Valuation Analysis from 32 Active and 63 Sold Listings

Pricing Trends from 32 Active Listings in Bridgewater

This Home's Price $395,000 This Home's Price Per SqFt $
Average Price $258,233 Average Price Per SqFt $
Highest Price $395,000 Highest Price Per SqFt $
Lowest Price $165,000 Lowest Price Per SqFt $

Pricing Trends from 63 Sold Listings in Bridgewater

This Home's Price $395,000 This Home's Price Per SqFt $
Average Price $269,110 Average Price Per SqFt $
Highest Price $420,499 Highest Price Per SqFt $
Lowest Price $179,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address5127 Penrose Drive
  • SubdivisionBridgewater Ph 7b
  • CityPrinceton
  • CountyCollin
  • StateTexas
  • Zip Code75407-3292
  • HOAMandatory
  • HOA Fees$700
  • HOA Fees FrequencyAnnually
  • FeaturesClub House, Community Pool, Community Sprinkler, Curbs, Fishing, Fitness Center, Greenbelt, Jogging Path/Bike Path, Park, Perimeter Fencing, Playground, Pool, Sidewalks, Tennis Court(s)
  • UtilitiesCable Available, Concrete, Curbs, Electricity Available, MUD Sewer, MUD Water, Phone Available, Sidewalk
  • Taxes8991

Amenities

  • SecurityBurglar, Carbon Monoxide Detector(s), Smoke Detector(s)
  • # of Garages2
  • GaragesConcrete, Driveway, Garage, Garage Door Opener, Garage Single Door, Kitchen Level, On Street

Interior

  • Interior FeaturesBuilt-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • FloorsCarpet, Laminate, Tile

Exterior

  • Exterior FeaturesAwning(s), Covered Patio/Porch
  • FenceBack Yard, Fenced, Wood
  • Lot DescriptionCorner Lot, Few Trees, Sprinkler System, Subdivision

Construction Details / Floorplan

  • Living Areas2
  • Dining Rooms2
  • Full Baths2
  • Half Baths1
  • RoofComposition
  • FoundationSlab
  • ConstructionBrick

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral

Private Listing Information (Registration Required)

Listing Details

  • AgentChristie Cannon
  • OfficeLpt Realty Llc

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Listing information last updated on October 16th, 2026 at 9:46pm CDT.