About This Home

This 4-bedroom, 3-bathroom single family at 101 Island Way in Princeton, TX is listed for $685,000 ($250 per sqft). Built in 2001, the home offers 2,735 sqft of living space on a 1.00 acres lot.

Key Features

  • Built in 2001
  • 1.00 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
3 full
3-car garage
2001

Amenities

FireplaceWaterfrontHardwoodA/C
Listing Description

Experience luxury lakefront living with the convenience of the city in this stunning custom home located in the highly sought-after Princeton Lakes community. Situated on a rare 1-acre waterfront lot, this elegant 4-bedroom, 3-bath residence offers breathtaking panoramic lake views right from your own backyard-creating a peaceful retreat just minutes from shopping, dining, and entertainment.

Qualified buyers may receive up to $5,600 in lender credit towards closing costs! The home features two spacious living areas, rich wood flooring, crown molding, and beautiful custom architectural details throughout. The thoughtfully designed split-bedroom layout provides privacy, while the versatile second living area can easily serve as a home office, study, formal living room, or library.

At the heart of the home is an inviting open-concept kitchen with a large granite island, granite countertops, and a striking tumbled stone backsplash-perfect for entertaining or everyday living. The luxurious primary suite offers a relaxing sitting area and a spa-like bathroom complete with a garden jetted tub, creating the perfect place to unwind while enjoying tranquil lake views.

Additional features include a 3-car garage with built-in cabinets, workbench, and storage, two water heaters, a central vacuum system, and a spacious utility room with a wet sink, cabinetry, and dedicated freezer space. The attic offers excellent potential for a future upstairs conversion, providing even more flexibility.

Step outside to enjoy the serene waterfront setting, complete with a wrought iron pet area and full sprinkler system. Residents of Princeton Lakes enjoy exclusive access to four private lakes and are just minutes from Lake Lavon, offering endless opportunities for recreation while still enjoying the convenience of city living. This exceptional property combines peaceful lakefront serenity with modern luxury and everyday convenience-a rare opportunity you won't want to miss.

Monthly Cost Estimate

$5,044/mo

20% down · 6.5% · 30 years

Principal$495
Interest$2,968
Insurance$200
HOA$1,380

Estimates only. Actual payments may vary.

Location

101 Island Way

Princeton, TX 75407

Princeton Lakes

Features & Amenities

Interior Features

BuiltInFeaturesCentralVacuumDecorativeDesignerLightingFixturesDoubleVanityGraniteCountersHighSpeedInternetKitchenIslandOpenFloorplanPantryPanelingWainscotingSmartHomeCableTvWiredForDataNaturalWoodworkWalkInClosetsWiredForSound

Exterior Features

LightingRainGutters

Property Details

Flooring

CarpetHardwoodTile

Outdoor Features

Patio

Parking

DrivewayGarageOpenOversize

Heating

Fireplace(s)CentralElectric (Heating)

Cooling

ElectricCentral AirCeiling Fan(s)Zoned

Appliances

DryerDishwasherElectricCooktopElectricOvenElectricWaterHeaterDisposalIceMakerMicrowaveRefrigeratorVentedExhaustFanWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 101 Island Way is listed at $685,000 ($250/sqft). The estimated monthly payment is $5,044 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1380/month.

Key features include: Built in 2001, 1.00 acre lot, Fireplace, Waterfront. Interior Features: BuiltInFeatures, CentralVacuum, DecorativeDesignerLightingFixtures. Exterior Features: Lighting, RainGutters.

This property is listed by Lisa Vargas and can be reached at (469) 467-7755.

LV

Lisa Vargas

Agent at Keller Williams Central 75

(469) 467-7755
Agent website

Listed by Keller Williams Central 75 · Broker phone: (469) 467-7755 · View on Broker Site · Broker website

MLS# 21204056· Source: North Texas Real Estate Information Systems, Inc.· 119 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

101 Island Way, Princeton, TX 75407

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