About This Home

This 3-bedroom, 2-bathroom single family at 402 Mahogany Grove Lane in Princeton, TX is listed for $230,000 ($183 per sqft). Built in 2023, the home offers 1,260 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 2023
  • 0.12 acre lot

Property Details

1 story
2 full
2-car garage
2023

Amenities

A/C
Listing Description

Imagine yourself in this darling craftsman style home in the charming Bridgewater community in Princeton. This 3 bedroom, 2 full bath, and 2 car garage home features an open living space with natural light, an eat-in kitchen with back yard views, and the cutest covered front porch with swing.

We love this lot location, as well, facing an open street where you can sit and swing, and wave to your new neighbors. This cozy spot feels like days-gone-by, but it can be yours! Perfect opportunity for first time home buyers, and also an investment option for a rental property.

Sellers are offering their FHA Assumable Loan at a generous 4.99% rate, keeping your payments low and potential high! The bustling neighborhood is finished building, so this is a great opportunity to get in and get full use of the amazing amenities here by the lake.

Miles of walking trails, parks, ponds, community pool with lazy river, fitness center, calisthenic work-out pit stops staged along the trails, and so much more. Do not sleep on this, it is charming, and waiting for the perfect new owners. Take advantage of the loan assumption by applying for the existing loan and rate, which also saves thousands in closing costs! This just might be the best deal and the right time. Schedule your new home tour today!

Monthly Cost Estimate

$1,930/mo

20% down · 6.5% · 30 years

Principal$166
Interest$997
Insurance$67
HOA$700

Estimates only. Actual payments may vary.

Location

402 Mahogany Grove Lane

Princeton, TX 75407

Bridgewater Ph 6

Features & Amenities

Interior Features

DoubleVanityEatInKitchenGraniteCountersOpenFloorplan

Property Details

Flooring

VinylCarpet

Outdoor Features

Porch

Parking

OpenGarage

Heating

Central

Cooling

ENERGY STAR Qualified Equipment

Appliances

DishwasherDisposalMicrowave

Questions & Answers

This 3-bedroom, 2-bathroom single family at 402 Mahogany Grove Lane is listed at $230,000 ($183/sqft). The estimated monthly payment is $1,930 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $700/month.

Key features include: Built in 2023, 0.12 acre lot. Interior Features: DoubleVanity, EatInKitchen, GraniteCounters.

This property is listed by Melissa Lavalley.

ML

Melissa Lavalley

Agent at Fraser Realty Group, LLC

Listed by Fraser Realty Group, LLC · Broker phone: (214) 995-1269 · View on Broker Site · Broker website

MLS# 21424205· Source: North Texas Real Estate Information Systems, Inc.· 2 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.

402 Mahogany Grove Lane, Princeton, TX 75407

Open this listing in: