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$425,000
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Property Description
Welcome to this beautifully renovated 3-bedroom, 2-bath home in the heart of Princeton, conveniently located near Lake Lavon and offering an incredibly versatile bonus: fully renovated detached guest quarters or mother-in-law suite! The main home has been thoughtfully updated from the ground up with a fresh, modern feel throughout. The kitchen features stainless steel appliances, updated finishes, and a functional layout designed for everyday living and entertaining. Outside, extensive improvements continue with new sod, refreshed landscaping, new driveway and sidewalk concrete, a new deck, and an epoxy-coated garage floor. With parking for approximately 6-7 vehicles and space for an RV or boat, there is plenty of room for all the extras. The detached back house offers more than 600 square feet of additional living space and has been completely renovated. It features 2 bedrooms, a full bathroom, kitchen, dedicated laundry room, and an open living and dining area-making it an ideal setup for extended family, guests, a mother-in-law suite, private home office, studio, or flexible bonus space. With two separate living areas, extensive renovations, abundant parking, and Lake Lavon nearby, this unique Princeton property offers a combination of space, flexibility, and functionality that is hard to find.
Full Property Details
Full Property Details for 4535 Co Rd 894
General
- Price: $425,000
- Taxes: $3,490
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21334447
- Updated: 8/17/2026
- Added to Site: 51 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Granite Counters, Open Floorplan, Pantry, Cable TV
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Deck, Private Yard
- Porch/Patio/Deck: Covered, Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 4
- Parking Features: Attached Carport, Additional Parking, Covered, Direct Access, Door-Single, Driveway, Epoxy Flooring, Garage Faces Front, Garage, Garage Door Opener, Lighted, Oversized, Paved, Parking Pad, Boat, RV Access/Parking
Location
- County: Collin
- Subdivision: Lavon Shores
- Driving Directions: 380 East to 982, 982 South to 3364, 3364 East to CR 894.
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Godwin
- Middle School: Clark, Huddleston
- High School: Princeton
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic, Public Sewer
- Water: Community/Coop
- Cable Available: Yes
- Utility Description: Sewer Available, Septic Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Fiber Cement
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,736 Sq. Ft.
- Year Built: 1975
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Lot Features: Back Yard, Interior Lot, Lawn, Landscaped, Level, Few Trees
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $3,490
- Terms: Cash, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Legal Description: LAVON SHORES (GCN), LOT 163
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: R078000016301
- Lot Number: 163
Listed by Gage Realty, Kayti Gage
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Schools
Schools serving 4535 Co Rd 894
School District:Princeton Independent School District
| Name | Grades | Distance |
|---|---|---|
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407 | 9-12 | 4.8 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 4535 Co Rd 894
Date
Details
Price
Change
Source
8/17/2026
Price Reduced
$425,000
-1.16%
MLS
7/17/2026
Listed
$430,000
—
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 4535 Co Rd 894
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,705
6%
$257,724
20%
2023
$3,490
79%
$214,770
-8%
2022
$1,945
—
$234,501
12%
2022
$1,945
8%
$209,926
43%
2021
$1,802
—
$147,300
-13%
2020
$1,797
-17%
$169,457
43%
2019
$2,163
5%
$118,536
9%
2018
$2,054
18%
$109,163
19%
2017
$1,734
12%
$91,672
13%
2016
$1,554
15%
$81,401
16%
2015
$1,349
-7%
$70,000
-7%
2014
$1,451
10%
$74,922
4%
2013
$1,317
—
$71,940
—
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 4535 Co Rd 894
4535 County Road 894, Princeton, TX 75407 (MLS# 21334447) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4535 County Road 894 is currently listed for $425,000 and was received on July 17, 2026. Want to learn more about 4535 County Road 894? 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.

