Agent profile image in chat bubble
Agent profile image in chat header

Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

Agent profile image in message

101 Island Way , Princeton, TX 75407
$700,000
Est. Payment: $3,603.90/mo
4 Bed
3 Bath
2735 Sqft
Status: active | Days on site: 79
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House 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.

Highlights

Listed by Lisa Vargas , Keller Williams Central , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
1

HOA Fee

1380 Annually

Year Built

2001

County

Collin

Neighborhood

Princeton Lakes

School District

Princeton ISD

Listing ID

21204056

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer, Intercom
Air Cond:Ceiling Fan(s),Central Air,Electric,Zoned
Fireplaces:Brick,Family Room
Floor:Carpet,Ceramic Tile,Hardwood
Other:
  • Additional:Built-in Features, Cable TV Available, Central Vacuum, Decorative Lighting, Double Vanity, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Paneling, Pantry, Smart Home System, Sound System Wiring, Walk-In Closet(s), Wired for Data, Master on Main

Exterior Features

Lot:1 to < 3 Acres,Lake Front - Common Area
Roof:Composition
Others:
  • Additional:Covered Patio/Porch, Rain Gutters, Lighting
Parking Features:Additional Parking,Concrete,Direct Access,Driveway,Garage,Garage Door Opener,Garage Double Door,Garage Faces Side,Inside Entrance,Kitchen Level,Oversized,Storage,Workshop in Garage
Principal Interest
$3,604
Taxes
$834
HOA
$1,380

Home Price

$700,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$140,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,603.90

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,603.90 $833.83 $1,380.00 $5,817.74
Yearly $43,246.85 $10,006.00 $16,560.00 $69,812.85
Total $1,297,405.44 $300,180.00 $496,800.00 $2,094,385.44

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Aug 2026

Average Price

All Price Ranges
N/A
Aug 2026

Average Days on Market

All Price Ranges
N/A
Aug 2026
Market insight data is pulled from the same city as the listing being viewed (Princeton, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems