Collin County property record for 505 Mill Trace Way, Princeton, TX 75407
| Property Type | Single Family Home |
|---|---|
| Details | 4 bd · 2 ba · 1,905 sqft · built 2024 |
| Owner | Individual Name on File |
| Last Sale | $317,639 (Mar 2025) |
| Tax Bill | $2,315 (2025) |
| Deeds & Mortgages | Mar 2025 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | R-13144-00E-0140-1 |
| Primary APN | R-13144-00E-0140-1 |
|---|---|
| Alternative APNs |
|
| Bedrooms | 4 Beds |
|---|---|
| Full Baths | 2 Baths |
| Total Rooms | 6 Rooms |
| Stories | 1 Story |
| Building Area | 1,905 sqft Living Area |
| Gross Area | 2,438 sqft |
| 1st Floor Area | 1,905 sqft |
| Flooring | Ceramic Tile |
| Year Built | Built 2024 |
|---|---|
| Effective Year Built | Effective 2024 |
| Exterior Material | Brick |
| Construction Type | Wood |
| Garage Type | Attached |
| Garage Area | 410 sqft |
| Porch | Covered Patio/Porch |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Street Address | 505 MILL TRACE WAY |
|---|---|
| City | PRINCETON |
| State | TX |
| Zip | 75407-3551 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | BRIDGEWATER PHASE 8, BLK E, LOT 14; * SEE R-13144-00E-0140-W FOR MUD ONLY ACCOUNT * |
| Legal Subdivision | BRIDGEWATER PHASE 8 (GCN) |
| Legal Block | E |
| Legal Lot Number | 14 |
| Jurisdiction | COLLIN TX |
| Township / Civil Division | PRINCETON |
| Census Block Group | 2 |
| Census Block | 2007 |
| Census Tract | 31008 |
505 Mill Trace Way is owned and occupied by an individual who bought it in March 2025.
Source: Collin County records, as of October 13, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 505 MILL TRACE WAY, PRINCETON, TX 75407-3551 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Mar 25, 2025 · Amount on File |
| Deed Sale | Mar 25, 2025 · Amount on File |
| Prior Sale | Feb 11, 2025 |
| Deed Document Number | 202534341 |
| Record Updated | Oct 29, 2026 |
| Document Type | Vendor's Lien |
|---|---|
| Jurisdiction | COLLIN TX |
| Recording Date | Mar 25, 2025 |
| Property Address | 505 MILL TRACE WAY, PRINCETON, TX 75407-3551 |
| Document Number | 2025000034341 |
| Instrument Date | Mar 24, 2025 |
| Instrument | 2025000034341 |
| Transaction Type | Subdivision Related Transfer |
| Record Updated | Oct 24, 2025 |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 505 MILL TRACE WAY, PRINCETON, TX 75407-3551 |
| Document Number | 2025000034342 |
|---|---|
| Date | Mar 25, 2025 |
| Instrument | 2025000034342 |
| Name | LENNAR MORTGAGE LLC |
|---|---|
| Type | Mortgage Company |
| Special Notes | Seller Financed |
| Type | VA Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 361 Months |
| Due | Apr 1, 2055 |
The 2025 property tax bill for 505 Mill Trace Way was $2,315.
Source: Collin County assessment roll, as of March 16, 2026
| Type | Name |
|---|---|
| State | Texas |
| County | Collin County |
| Unified School District | Princeton Independent School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $2,315.00 | $161,083 Land $100,000 Building $98,683 | $198,683 Land $100,000 Building $98,683 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 505 Mill Trace Way in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective October 13, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 2 in force |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 505 Mill Trace Way is moderate, ranking above 45% of the US, with a 0.07% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Moderate above 45% of the US · lower than 81% of Texas |
|---|---|
| Wildfire Likelihood | 0.07% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CULLEOKA WSC serves 24,615 people · EPA ID TX0430030 |
|---|---|
| Water Source | Purchased surface water from CITY OF PRINCETON |
| Last State Inspection | Oct 2025 |
| Lead | Under 1 ppb (2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 2 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 322 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| AT&T Fiber · Fixed Wireless in parts of the area | 5,000 / 5,000 |
| Spectrum Fiber · Cable in parts of the area | 1,000 / 1,000 |
| 360 Broadband Fixed Wireless | 400 / 50 |
| Verizon Fixed Wireless | 300 / 20 |
| Rise Broadband Fixed Wireless | 100 / 20 |
May also be available: Element8.
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