Arcadia Farms
New constructionA Lennar master plan with a resort-style pool, amenity center, greenbelt and park, close to US-380 and downtown Princeton.
Homes near Arcadia FarmsServing North DFW & North Texas

2026 Princeton community guide · Collin County
Lake Lavon on the doorstep, some of the most attainable new construction in Collin County, and one of the fastest-growing cities in America.
By Shayla Eadler, Broker & Owner (TREC #747934) · Updated
For sale now
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.
MLS# 21417906
Serhant Texas, LLC
MLS# 21425252
HomesUSA.com
MLS# 21425254
HomesUSA.com
MLS# 21425255
HomesUSA.com
MLS# 21425259
HomesUSA.com
MLS# 21422513
Local Realty Agency
01Overview
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.
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.
02Honest take
What we tell our own clients before they make a move.
Pros
Cons
03Where to live
Most Princeton neighborhoods are newer master plans from national builders, each with its own amenity center. Here is how the main ones compare.
A Lennar master plan with a resort-style pool, amenity center, greenbelt and park, close to US-380 and downtown Princeton.
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.
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.
About two miles from Lake Lavon, with a lazy-river pool, fitness center, ponds for paddle boarding, a dog park and trails.
Three- and four-bedroom homes of about 1,300 to 2,350 sq ft, with a pool, playground and trails.
A newer community of 435 planned homesites on about 40-foot lots; model homes opened in September 2025.
About 2,400 homesites with roughly 90 acres of parks and an amenity center on the Princeton–McKinney line. Homes carry McKinney 75071 addresses.
A Lennar community next to Lake Lavon with a resort-style pool, playground and shade structures.
| 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’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.
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
Thinking of selling in Princeton?
Get a free, local Comparative Market Analysis — not an automated guess.
05Budget
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.
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.
| 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
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. |
School boundaries change as districts grow. We confirm the assigned campuses for every home before you make an offer.
07Location
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

About 22,000 acres of water with four major park areas for camping, swimming, fishing and boating.
A hometown festival held each April since 2005, celebrating the town’s farming roots.
The park on College Street marks the site of a 1945 German POW camp.
Lazy rivers, resort pools, ponds and trails in Bridgewater, Whitewing Trails and Arcadia Farms.
Dining, shopping and festivals on the historic square, about 15 minutes west.
A 289-acre wildlife sanctuary in McKinney, about 20 minutes away.
09Everyday life
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.
10Quick answers
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.
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.
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.
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.
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.
The median closed price was about $305,000 for the six months to October 2026 (Resideline), at a median of $157 per square foot.
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).
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.
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.

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