# 402 Mahogany Grove Lane, Princeton, TX 75407 > **TL;DR:** 3bd/2ba single family, $230,000 ($183/sqft), built 2023, 1,260 sqft. > A/C, 2-car garage. Est. $1,930/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $230,000 | | Price/sqft | $183 | | Bedrooms | 3 | | Bathrooms | 2 full | | Square Feet | 1,260 | | Year Built | 2023 | | Lot Size | 5,140 sqft (0.12 acres) | | Stories | 1 | | Garage | 2-car | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,163 | | Estimated Insurance | $67 | | HOA | $700 | | **Total** | **$1,930** | ## Nearby Schools - **Elementary:** Mayfield - **Middle:** Mattei - **High:** Lovelady ## Key Amenities - A/C - 2-car garage ## Property Highlights - Built in 2023 - 0.12 acre lot ## Description ### Agent 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! ## Location - **Address:** 402 Mahogany Grove Lane, Princeton, TX 75407 - **County:** Collin - **Neighborhood:** Bridgewater Ph 6 - **Coordinates:** 33.087069, -96.509086 - **Google Maps:** https://www.google.com/maps?q=33.087069,-96.509086 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21424205 ## Listing Agent - **Name:** Melissa Lavalley - **Brokerage:** Fraser Realty Group, LLC - **Broker Phone:** (214) 995-1269 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/402-Mahogany-Grove-Ln_Princeton_TX_75407_M94176-98081?f=listhub&s=NTREIS&m=21424205&c=propsimple) ## Photos ![402 Mahogany Grove Lane - Photo 1](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f3772568910r.jpg) ![402 Mahogany Grove Lane - Photo 2](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f2039202359r.jpg) ![402 Mahogany Grove Lane - Photo 3](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f1786175761r.jpg) ![402 Mahogany Grove Lane - Photo 4](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f4038796836r.jpg) ![402 Mahogany Grove Lane - Photo 5](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f3565243041r.jpg) ![402 Mahogany Grove Lane - Photo 6](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f4002838275r.jpg) ![402 Mahogany Grove Lane - Photo 7](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f588432808r.jpg) ![402 Mahogany Grove Lane - Photo 8](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f1403715445r.jpg) ![402 Mahogany Grove Lane - Photo 9](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f4166520731r.jpg) ![402 Mahogany Grove Lane - Photo 10](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f2884701858r.jpg) ![402 Mahogany Grove Lane - Photo 11](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f1277661982r.jpg) ![402 Mahogany Grove Lane - Photo 12](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f96698543r.jpg) ![402 Mahogany Grove Lane - Photo 13](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f2414610580r.jpg) ![402 Mahogany Grove Lane - Photo 14](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f3051341944r.jpg) ![402 Mahogany Grove Lane - Photo 15](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f2253858274r.jpg) ![402 Mahogany Grove Lane - Photo 16](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f3289602869r.jpg) ![402 Mahogany Grove Lane - Photo 17](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f128297191r.jpg) ![402 Mahogany Grove Lane - Photo 18](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f1198549861r.jpg) ![402 Mahogany Grove Lane - Photo 19](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f2850819358r.jpg) ![402 Mahogany Grove Lane - Photo 20](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f355069627r.jpg) ![402 Mahogany Grove Lane - Photo 21](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f3150506047r.jpg) ![402 Mahogany Grove Lane - Photo 22](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f2131712153r.jpg) ![402 Mahogany Grove Lane - Photo 23](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f3543026926r.jpg) ![402 Mahogany Grove Lane - Photo 24](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f2411325409r.jpg) ![402 Mahogany Grove Lane - Photo 25](http://lh.rdcpix.com/1d5ae8a2fe9dfcb70c239aa29bb29ccel-f3859290146r.jpg) --- **MLS#:** 21424205 | **Updated:** 2026-10-31 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/402-mahogany-grove-lane-princeton-tx-75407-0fcbc96bc0734ab1a270d1b49bb257e0) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/402-mahogany-grove-lane-princeton-tx-75407-0fcbc96bc0734ab1a270d1b49bb257e0#listing", "url": "https://www.propertysimple.ai/listing/402-mahogany-grove-lane-princeton-tx-75407-0fcbc96bc0734ab1a270d1b49bb257e0", "name": "402 Mahogany Grove Lane, Princeton, TX 75407", "description": "Imagine yourself in this darling craftsman style home in the charming Bridgewater community in Princeton. 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