Homes › Princeton › 5127 Penrose Drive
5127 Penrose Drive, Princeton — photo 1
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$395,000

5127 Penrose Drive

Princeton, TX 75407 · Bridgewater Ph 7b · Collin County
ActiveMLS #21401515 · Single Family Residence
4Beds
3Baths
2,347Sq Ft
Single Family Residence
Built in 2023
10,280 sq ft lot
$168/sqft
$700/yr HOA
Bestimate

The seller has asked that automated value estimates not be shown for this home.

What's special

  • Brick exterior
  • Open floor plan
  • Kitchen island
  • Granite counters
  • Covered patio

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!

0 days on market · Listing updated Oct 12, 2026, 4:11 PM CT

Listed by: Christie Cannon, LPT Realty LLC 972-215-7747

Source: NTREIS · MLS #: 21401515

Home facts

Overview

Price
$395,000
Price per sq ft
$168
Status
Active
Property type
Single Family Residence
Year built
2023
Condition
Resale
Style
Traditional, Detached
Stories
2
Levels
Two
Days on market
0

Bedrooms & bathrooms

Bedrooms
4
Full bathrooms
2
Half bathrooms
1
Living area
2,347 sq ft

Interior

Features
Built In Features, Decorative Designer Lighting Fixtures, Eat In Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable Tv, Walk In Closets
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave
Flooring
Carpet, Laminate, Tile
Heating
Central
Cooling
Central Air, Ceiling Fans
Laundry
Electric Dryer Hookup, In Hall
Windows
Window Coverings
Security
Security System, Carbon Monoxide Detectors, Smoke Detectors

Exterior & lot

Lot size
0.236 acres · 10,280.16 sq ft
Lot
Corner Lot, Subdivision, Few Trees, Sprinkler System
Exterior features
Awnings
Patio & porch
Patio, Covered
Fencing
Back Yard, Fenced, Wood
Pool
Community
Roof
Composition
Foundation
Slab
Construction
Brick

Parking

Garage spaces
2 (attached)
Parking
Concrete, Door Single, Driveway, Garage, Garage Door Opener, Kitchen Level, On Street

HOA & taxes

HOA
Yes
HOA fee
$700 annually
HOA includes
All Facilities, Association Management
Community features
Clubhouse, Fitness Center, Fishing, Fenced Yard, Playground, Park, Pool, Tennis Courts, Trails Paths, Curbs, Sidewalks
Annual property tax (per MLS)
$8,991

Utilities & efficiency

Utilities
Electricity Available, Municipal Utilities, Phone Available, Sewer Available, Water Available, Cable Available

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

Bridgewater Ph 7b subdivision · Princeton, TX 75407 · Collin County

Finding parks, dining, and shopping nearby…

Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Oct 12, 2026, 5:45 PM CT

Information deemed reliable but not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Oct 12, 2026, 5:45 PM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.