Lake Lavon shoreline with prairie grasses near Princeton, Texas

2026 Princeton community guide · Collin County

Living in Princeton, TX

Lake Lavon on the doorstep, some of the most attainable new construction in Collin County, and one of the fastest-growing cities in America.

Homes for sale in Princeton
Population
43,524Census estimate, July 2025
County
CollinOn US-380, east of McKinney
School district
Princeton ISDSome edge areas are McKinney ISD
Median sold price
$304,990Resideline, 6 mo. to Oct 2026
Est. total tax rate
≈1.88–1.91%City + Princeton ISD, before exemptions
To downtown Dallas
~30 mi40–55 min

For sale now

Homes for sale in Princeton, TX

Princeton is mostly new construction from national builders, with lake-area homes and a few older in-town streets. Start with the latest listings or jump to a popular search.

All Princeton listings
Jump to a section
  1. Is Princeton a good place to live?
  2. Pros & cons
  3. Neighborhoods
  4. Real estate market
  5. Cost of living & taxes
  6. Schools
  7. Commute & location
  8. Things to do
  9. Jobs & everyday life
  10. FAQ

01Overview

Is Princeton, Texas a good place to live?

For buyers who want a newer home at a lower price, Princeton is one of the best values in Collin County. The median sale is about $305,000, versus $500,000 or more in McKinney and Celina, and Lake Lavon is minutes away. In return you accept US-380 traffic, a higher combined tax rate and a city that is still catching up with its growth.

Princeton was founded in 1881 and named for landowner and town promoter Prince Dowlin. For most of the 20th century it was a small farming town known for onions and cotton, which the annual Princeton Onion Festival still celebrates. In 1945 it was the site of a World War II German POW camp, remembered today at City Park on College Street.

Then came the growth. Princeton went from 17,027 residents in the 2020 Census to an estimated 43,524 in July 2025. The Census Bureau ranked it the fastest-growing city in the U.S. in its 2024 estimates and third-fastest in 2025. Nearly all of that growth is production-builder new construction along US-380 and toward Lake Lavon.

Growth this fast has costs. In September 2024 the city paused new residential development permits so water, wastewater and roads could catch up, and later extended the pause into late 2025. Existing communities kept building out, so ask us where each one stands.

Local tip from Shayla

Some “Princeton” communities, like Eastridge, actually have McKinney mailing addresses and are zoned to McKinney ISD. The drive is the same, but the school district and tax rate are not, so always check the address rather than the marketing name.

What locals love about Princeton

  • Lake Lavon’s parks, boat ramps, camping and fishing
  • New homes with builder warranties and amenity centers
  • The Princeton Onion Festival each April
  • About 15 minutes to McKinney’s jobs, hospitals and downtown
  • New Princeton ISD campuses opening under the 2023 bond

02Honest take

Pros and cons of living in Princeton

What we tell our own clients before they make a move.

Pros

  • Attainable pricesA median sale around $305,000, among the lowest in Collin County.
  • New construction everywhereLennar, D.R. Horton, Meritage and Trophy are all building, often with incentives.
  • Lake LavonAbout 22,000 acres of water with parks, camping, boating and fishing on the city’s south side.
  • Schools are investingA $797 million bond (2023) funds eight new campuses, and the 2024–25 graduation rate was 97.5%.
  • Close to McKinneyAbout 8 miles to McKinney’s employers, hospitals and restaurants.

Cons

  • US-380 congestionWidening runs to about 2028, and the planned freeway bypass is not yet funded.
  • Growing painsThe city paused new residential permits from 2024 into late 2025 to catch up on infrastructure.
  • Higher tax rateRoughly 1.88–1.91% combined before exemptions, above McKinney.
  • Few local jobsMost residents commute, and there is no hospital in town.
  • Crowded schoolsPrinceton ISD added about 1,400 students in a single year. The district is rated B (81).

03Where to live

Best neighborhoods in Princeton

Most Princeton neighborhoods are newer master plans from national builders, each with its own amenity center. Here is how the main ones compare.

Arcadia Farms

New construction

A Lennar master plan with a resort-style pool, amenity center, greenbelt and park, close to US-380 and downtown Princeton.

Typical price
Plans from about $343K
Schools
Princeton ISD
Builders
Lennar
Homes near Arcadia Farms

Winchester Crossing

New construction

About 700 homesites near US-380 and FM 982, with pools and splash pads, playgrounds, a fishing pond and trails. Harper Elementary sits just south.

Typical price
About 1,400–2,600 sq ft
Schools
Princeton ISD
Builders
D.R. Horton
Homes near Winchester Crossing

Whitewing Trails

Master-planned

More than 800 acres and about 2,500 planned homesites off Monte Carlo Blvd, with an amenity center, pools, a ball field, bocce and trails.

Schools
Princeton ISD
Builders
D.R. Horton, Lennar
Homes near Whitewing Trails

Bridgewater

Near the lake

About two miles from Lake Lavon, with a lazy-river pool, fitness center, ponds for paddle boarding, a dog park and trails.

Schools
Princeton ISD
Builders
Lennar
Homes near Bridgewater

Southridge

New construction

Three- and four-bedroom homes of about 1,300 to 2,350 sq ft, with a pool, playground and trails.

Schools
Princeton ISD
Builders
Meritage Homes
Homes near Southridge

Lowry Trails

New construction

A newer community of 435 planned homesites on about 40-foot lots; model homes opened in September 2025.

Schools
Princeton ISD
Builders
Trophy Signature Homes
Homes near Lowry Trails

Eastridge

McKinney address

About 2,400 homesites with roughly 90 acres of parks and an amenity center on the Princeton–McKinney line. Homes carry McKinney 75071 addresses.

Schools
McKinney ISD
Builders
Trophy Signature Homes, Meritage
Homes near Eastridge

Cypress Creek

Near the lake

A Lennar community next to Lake Lavon with a resort-style pool, playground and shade structures.

Schools
Princeton ISD
Builders
Lennar
Homes near Cypress Creek

New construction & builders in Princeton

Community Builders What to expect
Arcadia Farms, Bridgewater, Cypress Creek Lennar Plans from about the mid-$300s; amenity centers
Winchester Crossing, Whitewing Trails D.R. Horton (Lennar also at Whitewing) About 1,400–2,700 sq ft
Southridge Meritage Homes About 1,300–2,350 sq ft
Lowry Trails, Eastridge Trophy Signature Homes (Meritage also at Eastridge) About 40-ft lots at Lowry Trails; Eastridge is McKinney ISD

Builders and incentives change often. Bring us to your first model-home visit and we’ll represent you, not the builder. How we help new-build buyers →

04Market

Princeton real estate market

Princeton’s median closed price was about $305,000 over the six months to early October 2026, across about 270 sales at a median of $157 per square foot (Resideline). Homes took a median of 51 days to go under contract, longer than in McKinney, and about 98% of sales were single-family houses.

With so much new inventory, resale sellers compete with builder incentives, so price and condition matter. For buyers, the same competition can mean rate buy-downs and help with closing costs.

Princeton homes today: live MLS numbers

711
Homes For Sale
$317,490
Median List Price
72
Average Days on Site
$309,945
Median Sold Price
236
Homes Sold

Live from the NTREIS MLS for homes in Princeton (houses, townhomes and condos). Sold figures cover the last 60 days.

Monthly Princeton market report with trends   Compare Princeton with nearby towns

Types of homes you’ll find

  • New constructionProduction homes on about 40–50-ft lots from Lennar, D.R. Horton, Meritage and Trophy.
  • Lake-area homesCommunities near Lake Lavon such as Bridgewater and Cypress Creek.
  • Older in-town homesRanch-style and Craftsman homes near City Park and downtown.
  • Acreage nearbyCountry properties east toward Farmersville and the Hunt County line.

Thinking of selling in Princeton?

Get a free, local Comparative Market Analysis — not an automated guess.

What’s my home worth?

05Budget

Cost of living & property taxes in Princeton

Princeton’s adopted city rate for FY2025–26 was $0.440226 per $100, unchanged for three years. The council proposed a higher rate for FY2026–27, so confirm the final figure before you budget. With Collin County, Collin College and Princeton ISD, most homes land around $1.88–$1.91 per $100 before exemptions.

Taxing unit Rate per $100 of value
City of Princeton (FY2025–26) $0.440226
Collin County (2026) $0.151414
Collin College $0.081220
Princeton ISD (2025–26) $1.207200
Typical total ≈ $1.88–$1.91

At about 1.9% before exemptions, a $305,000 home would owe roughly $5,800 a year. A homestead exemption lowers the school portion.

Ask about MUDs & PIDs

Some newer subdivisions in and around Princeton carry PID assessments or special-district taxes. They show up on the tax certificate, not always in the listing, so we pull it for you before you write an offer.

Utilities

Service Provider
Electricity Retail choice (deregulated); compare plans at Power to Choose
Water, sewer & trash City of Princeton
Natural gas Atmos Energy

Tax rates are the adopted 2025 rates and change every year. Verify any address with the Collin Central Appraisal District before you buy. Estimate your payment →

06Education

Schools in Princeton

Princeton ISD is a 6A district covering about 60 square miles, from Princeton to the west side of Lake Lavon. Enrollment topped 11,500 in early 2026, and voters approved a $797 million bond in 2023 for eight new campuses over about ten years. TEA rated the district B (81) for 2025–26.

School district What to know
Princeton ISD Nearly all of Princeton. B (81) for 2025–26; 97.5% four-year graduation rate (2024–25). Banschbach Middle School opened in 2026.
McKinney ISD Some Princeton-area communities with McKinney addresses, including Eastridge.

High schools

Lovelady High School (grades 9–10)Princeton Senior High School (grades 11–12)

Colleges nearby

  • Collin College McKinney Campus, about 15–20 minutes west
Always verify zoning

School boundaries change as districts grow. We confirm the assigned campuses for every home before you make an offer.

07Location

Commute & getting around Princeton

Princeton sits on US-380 about 8 miles east of McKinney. Most commuters head west on US-380 to US-75 or SH-121. The stretch through town is being widened to six lanes, with completion expected around 2028, and a planned freeway bypass north of town has environmental clearance but no construction funding yet.

Destination Distance Typical drive
McKinney ~8 mi 15–20 min
Downtown Dallas ~30 mi 40–55 min
DFW Airport ~38 mi 45–60 min
Legacy West, Plano ~25 mi 35–45 min

Drive times are typical off-peak estimates. Allow more time at rush hour.

08Lifestyle

Things to do in Princeton

Families at a resort-style community pool with a lazy river and splash pad in a new North Texas subdivision
Local favoriteAmenity-center summersLazy rivers, splash pads and resort pools come standard in many of Princeton’s newer communities.

Lake Lavon

About 22,000 acres of water with four major park areas for camping, swimming, fishing and boating.

Princeton Onion Festival

A hometown festival held each April since 2005, celebrating the town’s farming roots.

City Park & WWII memorial

The park on College Street marks the site of a 1945 German POW camp.

Community amenity centers

Lazy rivers, resort pools, ponds and trails in Bridgewater, Whitewing Trails and Arcadia Farms.

Downtown McKinney

Dining, shopping and festivals on the historic square, about 15 minutes west.

Heard Natural Science Museum

A 289-acre wildlife sanctuary in McKinney, about 20 minutes away.

09Everyday life

Jobs, shopping & healthcare near Princeton

Princeton is mainly a commuter city. Princeton ISD, with about 1,470 employees, is the largest local employer, and most residents work in McKinney, Allen, Plano or Frisco. Shopping and services are filling in along US-380.

What’s being built in Princeton

  • US-380 widening to six lanes (expected around 2028)
  • Eight new Princeton ISD campuses under the 2023 bond
  • New phases at Whitewing Trails, Lowry Trails and Eastridge
  • A planned US-380 freeway bypass north of town (cleared, not yet funded)

Major employers nearby

  • Princeton ISD
  • McKinney employers such as Raytheon, Globe Life, Encore Wire and Collin County
  • Retail and services along US-380

Hospitals & healthcare

  • Baylor Scott & White Medical Center–McKinney
  • Medical City McKinney
  • Texas Health Presbyterian Hospital Allen

10Quick answers

Princeton, TX FAQ

Is Princeton, TX a good place to live?

Princeton offers some of the lowest new-home prices in Collin County, with a median around $305,000, and Lake Lavon access. Buyers trade that for US-380 traffic, a higher combined tax rate and growing pains as roads, utilities and schools catch up.

Is Princeton, TX the fastest-growing city in America?

It was number one in the Census Bureau’s 2024 estimates, up 30.6% in a year. In the July 2025 estimates it ranked third among U.S. cities of 20,000 or more, growing 18.1% to 43,524 residents.

What are property taxes in Princeton, TX?

The city rate was $0.440226 per $100 for FY2025–26, and Princeton ISD’s was $1.2072. With county and college taxes, the total is roughly $1.88–$1.91 per $100 before exemptions. A higher city rate was proposed for FY2026–27.

What school district is Princeton, TX in?

Princeton ISD, a 6A district rated B (81), with Lovelady High School (grades 9–10) and Princeton Senior High (11–12). Some nearby subdivisions with Princeton or McKinney addresses, such as Eastridge, are zoned to McKinney ISD.

How far is Princeton, TX from Dallas?

About 30 miles northeast of downtown Dallas and about 38 miles from DFW Airport, per the city. Plan on 40 to 55 minutes to downtown depending on US-380 and US-75 traffic.

What is the average home price in Princeton, TX?

The median closed price was about $305,000 for the six months to October 2026 (Resideline), at a median of $157 per square foot.

Who builds new homes in Princeton, TX?

Active builders include Lennar (Arcadia Farms, Bridgewater, Cypress Creek), D.R. Horton (Winchester Crossing, Whitewing Trails), Meritage (Southridge, Eastridge) and Trophy Signature Homes (Lowry Trails, Eastridge).

Why did Princeton pause home building?

In September 2024 the city council paused new residential development permits because water, wastewater and road capacity were stretched. The pause was extended into late 2025 while infrastructure caught up.

Is Princeton, TX safe?

Crime statistics are published by the Princeton Police Department. We encourage every buyer to review the data for the specific area they are considering and to visit at different times of day. As agents, we share data sources rather than opinions about which neighborhoods are “safe.”

About this guide. Written by Shayla Eadler, Licensed Broker & Owner of Ten Twenty Realty (TREC #0747934), and reviewed October 2026. Facts come from public sources, including: U.S. Census Bureau (Vintage 2025), City of Princeton, Princeton ISD, Princeton Herald, Resideline market data.

Shayla Eadler, broker and owner of Ten Twenty Realty, in a teal top at a white oak kitchen island

Your Princeton expert

Talk to Shayla about Princeton

Shayla lists and sells homes in Princeton and along US-380, including Ten Twenty’s own listing on Lakeridge Drive near Lake Lavon.

  • Neighborhood and school-zone answers for specific addresses
  • Early access to Coming Soon and off-market homes
  • Builder, MUD/PID and tax-rate comparisons before you commit

Ask Shayla about Princeton

Goes directly to Shayla. We typically respond within the hour during business hours.