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$259,000 Just Listed
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Property Description
Welcome to this beautifully updated 3 bedroom, 2 bath home in Princeton TX, ideally situated on a desirable corner lot in the Villas of Monte Carlo, offering the perfect blend of modern updates, functional layout, and a prime location near McKinney and Highway 380. Step inside to a bright, open-concept floor plan filled with natural light, neutral tones, and updated vinyl plank flooring throughout, creating the clean, modern feel today's buyers are searching for. The kitchen is designed for both everyday living and entertaining, featuring updated GE appliances including dishwasher, stove, and microwave, and flows seamlessly into the main living areas, making it ideal for hosting family and friends. This home also offers major value with recent upgrades including a NEW ROOF (2026), full interior fresh paint (2026), and a 2023 HVAC system, providing peace of mind and true move-in-ready convenience. Step outside to a large, oversized backyard with endless potential to create your own outdoor oasis, whether for relaxing, entertaining, or future additions. Located just minutes from McKinney, Highway 380, shopping, dining, and major employment areas, this home delivers the perfect combination of quiet neighborhood living and easy access to everything North Texas has to offer. This could also be a perfect rental home for investors, offering strong potential in one of the fastest-growing areas in North Texas.
Full Property Details
Full Property Details for 1201 Lambert Dr
General
- Price: $259,000
- HOA FEE: $25/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $5,755
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21194251
- Updated: Today (4/14/2026)
- Added to Site: Today
Interior
- Interior Features: Eat-in Kitchen, High Speed Internet, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Security System, Fire Alarm, Smoke Detector(s)
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Door-Single, Garage Faces Front, Garage, Garage Door Opener
Location
- County: Collin
- Subdivision: Villas Of Monte Carlo Ph One
- Driving Directions: Please use GPS
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Lacy
- Middle School: Southard
- High School: Princeton
Community
- Association: Yes
- Assoc. Name: Princeton Villas of Monte Carlo
- Assoc. Fees Include: All Facilities, Maintenance Structure
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,601 Sq. Ft.
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Features: Corner Lot, Landscaped, Subdivision, Sprinkler System
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $150
- Assoc Fee Freq.: Semi-Annually
- Tax Amount: $5,755
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: VILLAS OF MONTE CARLO PHASE ONE (CPN), BLK F,
- Property ID: R878600F00101
- Block: F
- Lot Number: 1
Listed by Real Broker, LLC, Guy Arnold
Get Pre-Approved Today
Schools
Schools serving 1201 Lambert Dr
School District:Princeton Independent School District
| Name | Grades | Distance |
|---|---|---|
Lacy Elementary School 224 East College Street, Princeton, TX 75407 | PK-5 | 1.4 mi |
Southard Middle 455 Monte Carlo Boulevard, Princeton, TX 75407 | 6-8 | 0.7 mi |
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1201 Lambert Dr
Date
Details
Price
Change
Source
4/14/2026
Listed
$259,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1201 Lambert Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,427
-6%
$270,816
-4%
2023
$5,755
2%
$281,773
-6%
2022
$5,660
—
$298,462
17%
2022
$5,660
23%
$256,000
29%
2021
$4,603
1%
$199,088
4%
2020
$4,545
-4%
$191,376
1%
2019
$4,723
1%
$188,841
4%
2018
$4,666
11%
$181,503
11%
2017
$4,209
11%
$163,004
12%
2016
$3,782
14%
$145,498
15%
2015
$3,313
8%
$126,500
10%
2014
$3,058
11%
$115,000
8%
2013
$2,744
—
$106,782
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1201 Lambert Dr
1201 Lambert Drive, Princeton, TX 75407 (MLS# 21194251) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1201 Lambert Drive is currently listed for $259,000 and was received on April 14, 2026. Want to learn more about 1201 Lambert Drive? Do you have questions about finding other Single Family real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

