506 Olmstead Dr, Princeton, TX 75407 Property Records

Collin County property record for 506 Olmstead Dr, Princeton, TX 75407

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,479 sqft · built 2021
Owner	Individual Name on File
Tax Bill	$5,493 (2024)
Deeds & Mortgages	Oct 2021 Sale Oct 2021 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`R-12257-00O-0130-1`

Property Details

APN / Parcel Number

Primary APN	`R-12257-00O-0130-1`
Alternative APN	`2831297`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Stories	1 Story
Building Area	1,479 sqft Living Area

Exterior

Year Built	Built 2021

Location & Zoning

Account Number	2831297
Street Address	506 OLMSTEAD DR
City	PRINCETON
State	TX
Zip	75407-5654
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	BRIDGEWATER PHASE 2, BLK O, LOT 13
Legal Subdivision	BRIDGEWATER PHASE 2
Legal Phase	2
Legal Block	O
Legal Lot Number	13
Jurisdiction	COLLIN TX
Township / Civil Division	PRINCETON
Census Block Group	2
Census Block	2007
Census Tract	31008

Owner

506 Olmstead Dr is owned and occupied by an individual who acquired it in October 2021.

Source: Collin County records, as of October 23, 2025

Owner of Record	Individual Name on File
Mailing Address	506 OLMSTEAD DR, PRINCETON, TX 75407-5654
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.

Deeds, Mortgages & Sale History

Date	Document
Oct 26, 2021	Special Warranty Deed, Construction Loan LENNAR TITLE INC
Oct 26, 2021	Vendor's Lien, Subdivision Related Transfer · FHA Mortgage LENNAR MORTGAGE LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 26, 2021
Deed Sale	Oct 26, 2021
Prior Sale	Oct 26, 2021
Deed Document Number	20211026002179660
Record Updated	Jun 8, 2026

October 2021: Special Warranty Deed, Construction Loan

Document Type	Special Warranty Deed
Jurisdiction	COLLIN TX
Recording Date	Oct 26, 2021
Property Address	506 OLMSTEAD DR, PRINCETON, TX 75407-5654
Document Number	0002179650
Map Reference	FILE 2020-760
Instrument Date	Oct 15, 2021
Instrument	20211026002179650
Transaction Type	Construction Loan
Record Updated	Sep 4, 2023
Title Company	LENNAR TITLE INC

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1707 MARKET PL STE 100, 100, IRVING, TX 75063-8050

October 2021: Vendor's Lien, Subdivision Related Transfer

Document Type	Vendor's Lien
Jurisdiction	COLLIN TX
Recording Date	Oct 26, 2021
Property Address	506 OLMSTEAD DR, PRINCETON, TX 75407-5654
Document Number	0002179660
Map Reference	FILE 2020-760
Instrument Date	Oct 15, 2021
Instrument	20211026002179660
Transaction Type	Subdivision Related Transfer
Record Updated	Sep 4, 2023
Title Company	LENNAR TITLE INC

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	506 OLMSTEAD DR, PRINCETON, TX 75407-5654

Mortgage

Document Number	0002179670
Date	Oct 26, 2021
Instrument	20211026002179670

Lender

Name	LENNAR MORTGAGE LLC
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Nov 1, 2051

Tax Assessment & Valuation

Source: Collin County assessment roll, as of August 1, 2025

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$267,100 Land $100,000 Building $167,100	$267,100 Land $100,000 Building $167,100
2024	$5,493.00
2023		$264,697 Land $100,000 Building $164,697	$264,697 Land $100,000 Building $164,697
2022	$7,229.00

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

Flood

FEMA maps place 506 Olmstead Dr 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

Wildfire risk around 506 Olmstead Dr is moderate, ranking above 48% of the US, with a 0.08% annual chance of wildfire.

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

Wildfire Risk	Moderate above 48% of the US · lower than 77% of Texas
Wildfire Likelihood	0.08% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 650 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber	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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