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Special offer
$334,990

400 Waterman Ave, Princeton, TX 75407

3beds
1,810sqft
Single Family Residence
Built in 2025
-- sqft lot
$333,300 Zestimate®
$185/sqft
$-- HOA

Newly built 

No waiting required — this home is brand new and ready for you to move in.

What's special

This home is based on the Freestone plan.
Discover this stunning Quick Move-In home at 400 Waterman Avenue in Princeton, TX. Thoughtfully designed with 1,764 square feet of open-concept living space, this brand-new home combines modern comfort, smart design, and everyday functionality. Home Features: 3 spacious bedrooms, with the owner's suite conveniently located on the main floor 2 full bathrooms designed with comfort and style in mind Open-concept living space perfect for both entertaining and daily life Quality craftsmanship and attention to detail throughout Energy-efficient construction for long-term savings and comfort The well-planned floorplan maximizes space and flow, creating an inviting atmosphere ideal for relaxing or hosting guests. The open-concept design connects the kitchen, dining, and living areas, while the owner's suite on the main floor offers privacy and convenience. Location Highlights: Nestled in a welcoming Princeton community, this home offers the perfect balance of small-town charm and accessibility. Enjoy nearby parks, walking trails, and family-friendly outdoor spaces—all while being just a short drive from local shops and dining. Why You'll Love It: This brand-new home provides the peace of mind that comes with modern construction, energy efficiency, and stylish finishes—ready for you to make it your own. Experience the joy of being the first owner of this br... MLS# 21100209
Call: (903) 206-3792
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Zillow last checked: December 12, 2025 at 12:38pm

Listing updated: December 12, 2025 at 12:38pm

Listed by:

M/I Homes

Source: M/I HomesMLS Logo
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Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
Interior area
  • Total interior livable area: 1,810 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Garage
  • Garage spaces: 2
Features
  • Levels: 1.0
  • Stories: 1
Details
  • Parcel number: R1294600C01501

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Condition
  • New Construction
  • New construction: Yes
  • Year built: 2025
Details
  • Builder name: M/I Homes

Community & HOA

Community
  • Subdivision: Forest Park
Location
  • Region: Princeton

Financial & listing details

  • Price per square foot: $185/sqft
  • Tax assessed value: $69,300
  • Date on market: 10/16/2025

About the community

PlaygroundParkTrails
Conveniently located on the northern edge of Hwy 380, just minutes away from Lake Lavon and Historic Downtown McKinney, and surrounded by mature trees and paved trails, Forest Park is the ideal place to call home in Princeton. Our all-inclusive Quick Move-In homes in this community have lower taxes and no MUD or PID assessments, providing you with savings to help you enjoy more of what you love. With limited opportunities remaining, you won't want to miss your chance to call this peaceful, new home community home. Take One Last Look at everything Forest Park has to offer, and then contact our team to schedule your appointment today! About Our Final New Construction Homes in Princeton, TXDiscover streetscapes that are truly one-of-a-kind, where timeless brick-clad elevations and optional stone treatments enhance the architectural diversity, while wooded creeks and mature trees embrace the community in natural splendor. Our popular Smart Series homes at Forest Park feature a thoughtfully designed collection of layouts, intended to simplify the homebuying process with these 3 principles: , Smart Process: From start to finish, it's quick and easy , Smart Design: Professionally chosen design packages , Smart Value: Passing real savings along to youThe new homes available in this community boast open-concept layouts, flexible spaces, thoughtfully curated designs, and these features: , Over 1,200 square feet to nearly 2,600 square feet , 1- and 2-story layouts , 3 to 6 bedrooms , 2 to 4 bathrooms , 2-car, front-load garagesDesigned for effortless living, our all-inclusive Quick Move-In homes offer a harmonious blend of form and function. Every surface and every space is selected with intention, so you don't have to second-guess. Featuring handpicked finishes that blend style and practicality, from durable flooring to gleaming countertops, stylish light fixtures, and an abundance of cabinetry, you can skip the st...
View community details
401 Kingsbury Avenue, Princeton, TX 75407
Holiday of Homes: Limited-Time Seasonal Offers
Unwrap great rates, incredible savings, and extra perks on your new home this holiday season! Secure your 2/1 rate buydown with first-year rates as low as 2.875%† / 5.632% APR† on a 30-year FHA fixed-rate mortgage when using M/I Financial, LLC.

Source: M/I Homes

10 homes in this community

Available homes

ListingPriceBed / bathStatus
Current home:
400 Waterman Ave
$334,9903 bed / 2 bathMove-in ready
434 Forsyth Dr$319,9903 bed / 2 bathAvailable
406 Kingsbury Ave$324,9903 bed / 3 bathAvailable
437 Forsyth Dr$324,9903 bed / 2 bathAvailable
400 Waterman Dr$334,9903 bed / 2 bathAvailable
409 Kingsbury Ave$339,9903 bed / 2 bathAvailable
449 Forsyth Dr$344,9904 bed / 3 bathAvailable
521 Big Bend Pkwy$344,9903 bed / 2 bathAvailable
441 Forsyth Dr$409,9904 bed / 3 bathAvailable
526 Big Bend Pkwy$460,6094 bed / 3 bathAvailable February 2026

Source: M/I Homes

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Estimated market value

$333,300

$317,000 - $350,000

Not available

Price history

DateEventPrice
12/12/2025Price change$334,990-1.5%$185/sqft
Source: M/I Homes
11/26/2025Price change$339,990-15%$188/sqft
Source: M/I Homes
11/20/2025Price change$399,990-2.4%$221/sqft
Source: M/I Homes
11/11/2025Price change$409,990-6.4%$227/sqft
Source: M/I Homes
10/16/2025Listed for sale$438,087$242/sqft
Source: M/I Homes

Public tax history

YearProperty taxesTax assessment
2025-- $69,300
2024$1,335 $69,300

Find assessor info on the county website

Monthly payment

Neighborhood: 75407

Nearby schools

GreatSchools rating
Schools provided by the builder
  • District: Princeton ISD

Source: M/I Homes. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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