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#20894193, Jared English, Listing office: Congress Realty, Inc.
$775,000 List price
113 Island Way Princeton, TX 75407
4 beds
3 full, 1 partial
2,712 sqft
1.1 acres
$286 / sqft
House
Property details
About 113 Island Way
MOTIVATED SELLER - BRING ALL OFFERS!! Discover this breathtaking lakefront property in an exclusive, master-planned water ski community. Nestled on a 1-acre lot with a private boat dock, enjoy direct access to four pristine, man-made lakes—one of the nation’s premier waterski and wakeboard communities. This 4-bedroom, 3.5-bath home features an office, formal dining room, and an eat-in kitchen with gas capabilities. The living area impresses with soaring ceilings, a fireplace, crown molding, and plantation shutters throughout. The first-floor primary suite offers a spa-like, recently updated bath. Upstairs, three additional bedrooms include one with a private ensuite bath, while the other two share a Jack and Jill bath. Step outside to a fenced patio, sparkling pool, and hot tub, all overlooking the stunning lakefront scenery. The boat dock is equipped with a powered boat lift and a rooftop deck for ultimate waterfront enjoyment. A detached, two-story garage-shop (added in 2023) spans 850 sq. ft. and includes an unfinished second floor, perfect for conversion into additional living space, a game room, or extra storage. Experience luxury lakefront living at its finest!
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size2,712 sqft
Lot size1.09 Acres
Year built2001
ParkingDoor-Multi, Door-Single, Garage Faces Side
MLS #20870049
Attached garage6 spaces
WaterfrontDock, Boat Slip, Lake Front
FireplaceGas Starter, Living Room
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Other, Dishwasher, Electric Range, Disposal, Microwave, Plumbed for Gas
- Basement: No
- Flooring Type: Carpet, Tile, Wood
- Interior: Built-in Features, Eat-in Kitchen, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Gas Starter, Living Room
- Total Bedroom Count: 4
- Garage Space: 6 spaces
- Attached Garage: Yes
- Parking: Door-Multi, Door-Single, Garage Faces Side
- Waterfront: Dock, Boat Slip, Lake Front
- Exterior: Boat Slip, Dock, Rain Gutters
- Architectural Style: Traditional, Detached
- Heating: Central, Natural Gas
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $775,000
- Price/SqFt: $285
- HOA Amount: $372 Quarterly
- Annual Tax Amount: $7,726
- Tax Year: 2024
- Lot: Back Yard, Interior Lot, Lawn, Landscaped, Subdivision, Sprinklers
- Directions: From Highway 75 traveling North take E University Drive. Turn Right on Island Way. House will be on the Left. Faces SW.
- Year Built: 2001
- Living Area: 2,712 SqFt
- Lot Size: 1.09 Acres
- MLS Number: 20870049
- MLS Name: NTR
- Office Name: Keller Williams Realty DPR
- Office Phone: (972) 370-1775
- Listing Agent: Tammy Watson
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 7/8/2025, 5:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $575,558 | $7,726 |
| 2023 | $532,440 | $7,678 |
| 2022 | $486,781 | $7,678 |
| 2021 | $341,133 | $7,558 |
| 2020 | $335,135 | $7,958 |
| 2019 | $323,977 | $8,151 |
| 2018 | $317,078 | $8,151 |
| 2017 | $288,253 | $7,442 |
History based on county public records data.
Nearby schools
5
James A. Godwin Elementary School
Public District PK-5
2.1 mi
•1019 N 6th St
6
Lacy Elementary School
Public District PK-5
2.4 mi
•224 E College St
8
Melvin and Delzie Harper Elementary School
Public District PK-5
2.9 mi
•8080 County Road 398
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,450. Residents of Princeton, TX typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
26%
<35k
51%
35k-100k
16%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
12%
Single, with Kids
32%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hunting
Monster Trucks
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Dollar General
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Sonic
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
New Country
Classic Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 113 Island Way
The listing price of 113 Island Way property is $775,000.
The property 113 Island Way is a house located in Princeton, Texas, 75407.
Active Listing: 113 Island Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 113 Island Way are: James A. Godwin Elementary School (GreatSchools Rating 5/10), Lacy Elementary School (GreatSchools Rating 6/10), Melvin and Delzie Harper Elementary School (GreatSchools Rating 8/10), Clark Middle School (GreatSchools Rating 5/10), Southard Middle School (GreatSchools Rating 8/10), Farmersville Jr High School (GreatSchools Rating 7/10), Princeton High School (GreatSchools Rating 5/10), Farmersville High School (GreatSchools Rating 6/10), Community High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $7,726 (source: MLS/based on county public records data).
The property at 113 Island Way has 4 bedrooms and 3 full and 1 half bathrooms.
The property 113 Island Way is 2,712 SqFt (source: MLS/tax record).
The year of construction for 113 Island Way is 2001.
This home is located at 113 Island Way in Princeton, TX and zip code 75407 in the Princeton Lakes neighborhood. This 2,712 square foot home, which was built in 2001, sits on a 1.09 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $775,000.
Between May and June 2025, Princeton, TX real estate market has seen increase in the number of listings by 12.6%. The median list price of listings available in June 2025 was $342,745, while the average time on the real estate market was 76 days.
From Rocket Homes Real Estate and based on county public records data.