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Financing available

$649,900

240 Teakwood Drive, Princeton, TX 75407

4
beds
3.5
baths
2,531
sqft

Est. with seller financing: $5,022/mo

  • Single-family
  • Built in 2020
  • 317,988 sq ft lot
  • $257/sqft
  • $13/mo HOA
  • Collin County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

Rare opportunity to own 7.3 private acres, a roughly ¾-acre pond estimated 12 feet deep, and 21 Solar Panels inside Princeton city limits — just an 8-minute walk to Downtown Veterans Memorial Park and local dining, yet completely hidden from the street. Built in 2019, this 2,531 sq ft two-story home offers 4 bedrooms and 3.5 baths, a private upstairs bedroom with its own full bath — ideal for guests or multi-generational living. The primary suite is downstairs, along with spacious living and dining areas, laundry room, and an open kitchen overlooking the backyard and pond. Two upstairs bedrooms offer scenic water and acreage views, while the landing provides a perfect office or study nook. Extended attic access with a full-size door offers excellent storage. The property itself sets this home apart. A gated 12-foot-wide driveway runs 150 feet along the side of the home, opening to expansive acreage bordered by Ticky Creek along the west side and a seasonal creek ravine along the north. The area near the home and northeast side of the pond is cleared, while the back acreage offers a natural, heavily treed setting for privacy and wildlife. Upgrades include a roof and oversized gutters less than one year old, updated 400-amp meter with secondary panel ready for future shop wiring, generator plug, insulated garage and garage door, plus fencing around the front yard and portions of the property. City water and sewer — rare for this amount of land. Walk to parks, schools, library, gym, restaurants, and downtown amenities. Bike to middle and high schools, Riverstone trails, Walmart, and more, with sidewalks nearly the entire way. From the street, it appears to be a traditional neighborhood home — beyond the gate is a private estate-style setting rarely found within city limits. A unique opportunity for space, privacy, and proximity all in one.

Facts & features

Interior

Features

  • Eat In Kitchen
  • Granite Counters
  • High Speed Internet
  • Kitchen Island
  • Cable Tv
  • Walk In Closets
  • Wired For Sound

Heating & cooling

  • Heating: Central
  • Cooling: Central Air, Ceiling Fans, Electric

Appliances

  • Dishwasher
  • Electric Oven
  • Disposal

Exterior & lot

Features

  • Rain Gutters
  • Storage

Construction

  • Style: Traditional, Detached
  • Stories: 2
  • Roof: Composition

Parking

  • Garage spaces: 2
  • Additional Parking
  • Carport
  • Garage
  • Open
  • Oversized

Community

Neighborhood

  • Subdivision: xKINGSBRIDGE ADDITION

HOA

  • Kingsbridge

Schools

  • District: Princeton ISD
  • Elementary: Lacy
  • Middle: Southard,Huddleston
  • High: Lovelady,Princeton

Financial & listing details

Listing

  • Price per sq ft: $257
  • County: Collin
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$5,022/mo

Principal & interest
$4,706/mo
Property taxes
Not available
Homeowners insurance (est.)
$303/mo
HOA dues
$13/mo
Loan amount
$584,910
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data (not available for this home) and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

How buying this home works

  1. 1

    Get qualified

    We look at your ability to pay, not just a credit score. Self-employed and ITIN buyers welcome.

  2. 2

    Pick this home

    Once you're approved, tell us this is the one. We handle the purchase from the seller.

  3. 3

    Move in

    We resell the home to you at closing, so the title is in your name. Then make one fixed monthly payment, no bank required.

Location

Listing information

Listing courtesy of

Amber Boyd

Core One Real Estate, L.L.C

214-726-6389

MLS #
21391185

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. Information is deemed reliable but not guaranteed and should be independently verified. Last updated Oct 9, 2026.

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Seller financing for this home is available to qualified buyers from HFP, powered by Doorly, only on this site. The seller and listing agent are not affiliated with HFP and cannot offer this program directly.

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