505 Gallop Dr, Princeton, TX 75407 Property Records

Collin County property record for 505 Gallop Dr, Princeton, TX 75407 · Last verified August 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	4 Beds
Bathrooms	2 Baths
Year Built	Built 2020
Square Footage	2,013 sqft Living Area
Lot Size	6,168 sqft (0.142 acres)
Occupancy	Owner Occupied
Last Sale	$243,800 (2020)
Tax Bill	$5,495.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`R-11995-00K-0080-1`
Alternative APNs	`000002807235` `2807235`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Total Rooms	5 Rooms
Building Area	2,013 sqft Living Area
Gross Area	2,520 sqft Gross Area
1st Floor	2,013 sqft 1st Floor
Stories	1 Stories
Primary Flooring	Ceramic Tile Flooring

Exterior

Year Built	Built 2020
Effective Year Built	Effective 2020
Exterior Material	Brick Exterior
Construction Type	Wood Construction
Lot Area	6,168 sqft (0.142 acres)
Garage Type	Attached Garage
Garage Area	403 sqft Garage
Porch Area	156 sqft Porch

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating

Location & Zoning

Street Address	505 GALLOP DR
City	PRINCETON
State	TX
Zip	75407-1027
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	WINCHESTER CROSSING PHASE 2, BLK K, LOT 8
Legal Subdivision	WINCHESTER CROSSING PHASE 2 (CPN)
Legal Block	K
Legal Lot Number	8
Jurisdiction	COLLIN TX
Minor Civil Division	PRINCETON
Census Blockgroup	1
Census Block	1016
Census Tract	31007

Owner

Source: Collin County records · APN R-11995-00K-0080-1

Assessment roll updated March 16, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	505 GALLOP DR, PRINCETON, TX 75407-1027
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Dec 07, 2020 · Amount on Record
Deed Sale	Dec 07, 2020 · Amount on Record
Deed Doc Number	20202194590
Prior Transfer Date	Nov 30, 2020
Prior Transfer Doc	0002194590
Record Refreshed	Sep 20, 2026

December 2020: Warranty Deed, Subdivision Related Transfer

Document Type	Warranty Deed
Jurisdiction	COLLIN TX
Recording Date	Dec 07, 2020
Property Address	505 GALLOP DR, PRINCETON, TX 75407-1027
Document Number	0002194590
Instrument Date	Nov 30, 2020
Instrument	2194590
Transaction Type	Subdivision Related Transfer
Record Updated	Dec 22, 2020
Title Company	OTHER

Transaction

Tax	$0.00
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband And Wife
Address	505 GALLOP DR PRINCETON TX 754071027, PRINCETON, TX 75407-1027

Mortgage

Document Number	2194600
Date	Dec 07, 2020
Instrument	2194600

Lender

Name	DHI MTG
Type	Mortgage Company
Address	AUSTIN, TX 78750

Agreement

Type	Federal Housing Administration (FHA) Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Dec 06, 2050

Tax Assessment & Valuation

Source: Collin County records · Assessment roll updated March 16, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Texas
County	Collin County
Municipality	Princeton City
Unified School District	Princeton Independent School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,495.00 (-3.6%) Homeowner's exemption	$337,964 (-4.19%) Land $80,000 Building $257,964	$337,964 (-4.19%) Land $80,000 Building $257,964
2024	$5,700.00
2023		$352,729 (+1.73%) Land $80,000 Building $272,729	$352,729 (+1.73%) Land $80,000 Building $272,729
2022	Homeowner's exemption	$346,739 Land $80,000 Building $266,739	$346,739 Land $80,000 Building $266,739

Flood & Wildfire

505 Gallop Dr is in FEMA Zone X, outside the Special Flood Hazard Area, with direct wildfire exposure (Moderate risk).

Flood

Source: FEMA National Flood Hazard Layer · Collin County (48085C), updated October 13, 2026

FEMA Flood Zone	Zone X minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard Area	No

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to Homes	Moderate 55th percentile of exposed land nationally · 33rd in Texas
Wildfire Likelihood	Moderate — about 1 in 980 per year
Exposure	Direct burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.