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$325,000
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Property Description
Welcome to 5028 Waterway Dr. in the highly sought-after Bridgewater community in Princeton, Texas, where thoughtful upgrades meet everyday comfort in all the right ways. This beautifully updated 3 bedroom, 2 bath home feels fresh, elevated, and completely move-in ready from the moment you step inside. Luxury vinyl plank flooring flows seamlessly throughout the home, creating a clean, modern foundation that's both durable and stylish. The kitchen, bathrooms, and living spaces shine with upgraded gold hardware and designer lighting fixtures that add warmth and personality, while carefully selected accent walls throughout bring character without overwhelming the space. The primary suite offers a peaceful retreat with, large windows, an accent wall, stunning ensuite bath, and large walk-in closet, while the secondary bedrooms provide flexible spaces with plenty of natural light, maybe even that work from home space you've always wanted. The kitchen and dining space flow effortlessly together, creating a light-filled gathering spot where upgraded finishes, and stainless steel appliances shine, a large walk-in pantry holds everything and more, making everyday meals feel special (and easier)! The living room invites you to settle in and stay awhile, with an open layout that makes hosting, relaxing, and memory-making feel completely natural. Out back, you'll find one of the home's standout features: an extended patio complete with a pergola, perfect for slow mornings, weekend gatherings, or winding down in the evenings. Living in Bridgewater means access to incredible community perks such as a pool, clubhouse, sand volleyball and basketball court, mini putt putt golf, park, dog park, playground, trails, and a lake! Along with convenient proximity to downtown Mckinney, making daily life feel easy and connected. This home blends style, function, and community in a way that just feels good. It's not cookie-cutter; it's curated, comfortable, and ready for its next chapter.
Full Property Details
Full Property Details for 5028 Waterway Dr
General
- Price: $325,000
- HOA FEE: $58/month
- Taxes: $7,218
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21184890
- Updated: 4/2/2026
- Added to Site: 57 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Kitchen Island, Pantry, Cable TV, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Disposal, Microwave
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry in Utility Room
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Security/Safety: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: Other, Private Yard, Rain Gutters
- Porch/Patio/Deck: Rear Porch, Patio, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Door-Single, Driveway, Garage Faces Front
Location
- County: Collin
- Subdivision: Bridgewater Ph 7a
- Driving Directions: Take I-30 E from Fort Worth toward Dallas. Continue on US-380 E toward McKinney, Princeton. In Princeton, turn right on FM-1827 S 15th St then left onto Waterway Dr to 5028 Waterway Dr, Princeton TX 75407.
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Mayfield
- Middle School: Mattei
- High School: Lovelady
Community
- Association: Yes
- Assoc. Name: PMP Management
- Assoc. Fees Include: All Facilities, Association Management, Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), 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: 1,596 Sq. Ft.
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.132
- Lot Size (Sq. Ft.): 5,749.92
- Sidewalks: Yes
- Lot Features: Landscaped, Sprinkler System
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $58
- Assoc Fee Freq.: Monthly
- Tax Amount: $7,218
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: BRIDGEWATER PHASE 7A (GCN), BLK B, LOT 7
- Exclusions: Excluding all, electronic lights, squat rack, shelves, mounts.
- Property ID: R1292000B00701
- Block: B
- Lot Number: 7
Listed by Real Broker, LLC, Chrissy Mallouf
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Schools
Schools serving 5028 Waterway Dr
School District:Princeton Independent School District
| Name | Grades | Distance |
|---|---|---|
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407 | 9-12 | 5.5 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 5028 Waterway Dr
Date
Details
Price
Change
Source
4/02/2026
Price Reduced
$325,000
-1.49%
MLS
2/21/2026
Listed
$329,900
—
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 5028 Waterway Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,255
36%
$296,094
169%
2023
$923
100%
$110,038
77%
2022
—
$62,000
—
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 5028 Waterway Dr
5028 Waterway Drive, Princeton, TX 75407 (MLS# 21184890) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5028 Waterway Drive is currently listed for $325,000 and was received on February 21, 2026. Want to learn more about 5028 Waterway 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.

