Updated 2 Days Ago
Highlights
New Construction
Location
500 Mill Trace Way, Princeton, TX 75407, USA
Tour 500 Mill Trace Way
Contact
Monument Realty
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Amenities for 500 Mill Trace Way
Features
| Carpet | Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: Brick | Fitness Center |
| Laundry Room | Roof Type: Composition |
Grounds
| Garage Parking | Outdoor Space |
| Swimming Pool |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 500 Mill Trace Way
Property Status: Active Welcome to this beautifully designed single-story, 4-bedroom, 2-bath home with a dedicated study, located in the Princeton Bridgewater community near Lake Lavon. Featuring an open-concept layout, the kitchen seamlessly connects to the dining area and spacious family room-perfect for both everyday living and effortless entertaining. From here, step out to the covered patio and enjoy year-round outdoor lounging. The luxurious owner's suite is tucked away at the rear of the home for added privacy and includes an en-suite bath and a generous walk-in closet. Three secondary bedrooms are positioned near the front of the home, ideal for family members or overnight guests, along with a versatile flex space that can be tailored to your needs-whether as a home office, playroom, or workout area. Interior highlights include modern two-tone paint, new blinds, stainless steel appliances, and all-new finishes throughout. Situated on an oversized lot, the expansive backyard with fresh green lawn offers plenty of room to relax, entertain, or play. As a resident, you'll have access to resort-style community amenities such as a sparkling pool, full fitness center, walking trails, putt-putt golf, and an outdoor fitness course. Move-in ready and packed with upgrades-don't miss your chance to make this home yours! 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.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 500 Mill Trace Way, Princeton, TX 75407, USA compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.5 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 75407 |
|---|---|
| Type | House for rent |
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Rent trends in Princeton
4-bedroom apartments at 500 Mill Trace Way cost about 10% more than the average rent price for 4-bedroom apartments in Princeton.
Median rents as of Aug 1 2026.
Princeton
| Month | Median Rent |
|---|---|
| August 2024 | $2,191 |
| September 2024 | $2,192 |
| October 2024 | $2,149 |
| November 2024 | $2,107 |
| December 2024 | $2,073 |
| January 2025 | $2,049 |
| February 2025 | $2,081 |
| March 2025 | $2,099 |
| April 2025 | $2,112 |
| May 2025 | $2,150 |
| June 2025 | $2,149 |
| July 2025 | $2,150 |
| August 2025 | $2,110 |
| September 2025 | $2,122 |
| October 2025 | $2,100 |
| November 2025 | $2,098 |
| December 2025 | $2,077 |
| January 2026 | $2,098 |
| February 2026 | $2,097 |
| March 2026 | $2,074 |
| April 2026 | $2,065 |
| May 2026 | $2,053 |
| June 2026 | $2,056 |
| July 2026 | $2,090 |
| August 2026 | $2,083 |
Affordability calculator
Can I afford to live at 500 Mill Trace Way?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$91,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $91,600 annually to afford this 4-bedrooms monthly rent price of $2,290.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $2,300 | 4 bed | 2 bath | ||
| 1 year ago | $2,500 | 4 bed | 2 bath |
Schools near 500 Mill Trace Way
Canup Early Childhood Center
301 n 5th st
princeton, TX, 75407
PKPublic
Smith Elementary School
2101 forest meadow dr
princeton, TX, 75407
PK, K-5Public
A-
Lowe Elementary School
450 beauchamp blvd
princeton, TX, 75407
PK, K-5Public
B+
WILLOW WOOD EL
5780 parkdale dr
mckinney, TX, 75071
K-5Public
A
MAYFIELD EL
5970 waterway dr
princeton, TX, 75407
PK, K-5Public
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Internet available near 500 Mill Trace Way
Neighborhood
Getting around Princeton near 500 Mill Trace Way
Walking
2/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 500 Mill Trace Way, Princeton
Groceries
5/10
Variety of groceries within a short drive
Shopping
2/10
Some shops within a short drive
Cafes
2/10
Some cafés within a short drive
Restaurants
4/10
Variety of restaurants within a short drive
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Nightlife
1/10
Few or no bars within a short drive
Other units at this address
500 Mill Trace Way, Princeton, TX
500 Mill Trace Way Princeton, TX
Occupied
NA
4 Beds
2 Baths
$2,500
Dishwasher • In-Unit Laundry • Air Conditioning • Assigned Parking
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