407 Madison Way, Princeton, TX 75407 - Photo 1

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$2,300

For Rent
Active
Single Family
5 Beds
3 Full Baths
2 Car Garage

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Property Description

This exceptional, recently upgraded newer home in Princeton's Monticello Park neighborhood is an absolute gem, ready for immediate move-in! Beyond its prime location just minutes from US 380, US 75, and State Highway 121, and its close proximity to excellent Princeton ISD schools, shopping, restaurants, and beautiful parks, this residence offers a true haven for families. Boasting a spacious open floor plan with 5 bedrooms, a game room, and 3 full bathrooms, it also features over $25,000 in stunning upgrades. These include a luxurious kitchen with stainless steel appliances (including a double oven and dishwasher), ceiling fans in all rooms, recessed lighting, a fully finished garage with designer epoxy flooring, and sprinkler systems. The huge backyard is an entertainer's dream, complete with an extended patio and a gorgeous permanent hardtop gazebo offering both insect and weather protection, all set on a beautifully coated patio floor. This home truly combines comfort, style, and convenience, making it ideal for creating lasting memories with friends and family.

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Full Property Details

Full Property Details for 407 Madison Way

General

Rent: $2,300
HOA FEE: $83/month
HOA FEE FREQ.: Annually
Status: Active
Type: Single Family
Source: NTREIS
MLS ID: 21001208
Updated: 12/19/2025
Added to Site: 185 day(s) ago

Rental Information

Lease/Rent Term: 12 Months
Date Available: 7/31/2025

Interior

Interior Features: Cedar Closet(s), Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s), Wired for Sound, Air Filtration
Appliances: Built-In Gas Range, Convection Oven, Gas Cooktop, Gas Oven, Microwave
Flooring: Carpet, Vinyl

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Other Rooms

Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room

Additional Information

Shared Pool: Yes
Pool: Yes
Pool Description: None, Community
Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Equipment: Air Purifier

Exterior

Porch/Patio/Deck: Covered

Parking

Garage: Yes
Attached garage: Yes
Garage Spaces: 2
Parking Features: Covered, Door-Single, Garage Faces Front, Garage, Garage Door Opener

Location

County: Collin
Subdivision: MONTICELLO PARK - PHASE 1(CPN), BLK F, LOT 14
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: Clark

Community

Association: Yes
Assoc. Name: Name
Assoc. Fees Include: All Facilities
Pets Allowed: Yes

Utilities

Cable Available: Yes
Utility Description: Natural Gas Available, Separate Meters, Underground Utilities, Water Available, Cable Available

Structural Information

Property Detached: Yes
Architectural Style: Traditional, Detached
Structure Type: House
Detached/Attached: Detached
Construction: Fiber Cement, Vinyl Siding
Roof: Composition, Shingle
Windows: Window Coverings
Stories/Levels: 2
Living Area: 2,734 Sq. Ft.
Year Built: 2022

Lot Features

Lot Size (Acres): 0.17
Lot Size (Sq. Ft.): 7,405.2
Lot Size Source: Assessor
Lot Dimensions: 42 x 110
Sidewalks: Yes
Lot Features: Native Plants
Fencing (Description): Back Yard, Fenced, Wood

Green Features

Energy Efficient: Appliances, Construction, Doors, HVAC, Insulation, Lighting, Roof, Rain/Freeze Sensors, Thermostat, Water Heater, Windows
Indoor Air Quality: Filtration, Ventilation
Water Conservation: Efficient Hot Water Distribution, Low-Flow Fixtures, Water-Smart Landscaping

Financial Considerations

For Sale/Rent/Lease: For Lease
Association Fee: $1,000
Assoc Fee Freq.: Annually
Security Deposit: $2,500
Pet Deposit: $400
Tenant Pays: All Utilities

Disclosures and Reports

Legal Description: MONTICELLO PARK - PHASE 1(CPN), BLK F, LOT 14
Property ID: R1230000F01401
Block: F
Lot Number: 14

Listed by Muni Realty LLC, Muniraj Janagarajan

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Listing agent

— 407 Madison Way —

Muniraj Janagarajan

Muni Realty LLC

Schools

Schools serving 407 Madison Way

School District:Princeton Independent School District

Name	Grades	Distance
Leta Horn Smith 2101 Forest Meadow Drive, Princeton, TX 75407	PK-5	1.6 mi
Clark Middle 301 Panther Parkway, Princeton, TX 75407	6-8	1.1 mi
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407	9-12	1.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price History for 407 Madison Way Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/19/2025

Price Reduced

$2,300

-4.17%

MLS

11/05/2025

Price Reduced

$2,400

-4%

MLS

7/16/2025

Listed

$2,500

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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407 Madison Way, Princeton, TX 75407 (MLS# 21001208) is a Single Family property with 5 bedrooms and 3 full bathrooms. 407 Madison Way is currently listed for rent at $2,300 and was received on July 16, 2025. Want to learn more about 407 Madison Way? Do you have questions about finding other real estate for sale or rent in Princeton? You can browse all Princeton rentals or contact a Coldwell Banker agent to request more information.

407 Madison Way Princeton, TX 75407