Date
Details
Price
Change
Source
6/18/2026
Listed
$1,525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Experience one of North Texas' most extraordinary waterfront estates in the exclusive **Princeton Lakes** private water-ski community. Set on over one acre with direct frontage on a pristine private ski lake, this custom home offers a lifestyle few properties can match. Designed for boating and water-sports enthusiasts, enjoy your private dock with covered boat lift, heated self-cleaning pool and spa, expansive covered patio with automatic screens, and breathtaking sunset views over the water. Inside, over $350,000 in luxury renovations showcase custom cabinetry, Italian porcelain flooring, quartzite and marble countertops, Viking appliances, a dramatic floor-to-ceiling stacked stone fireplace, and expansive glass walls that capture stunning lake views. An oversized three-car garage provides ample room for boats, RVs, and recreational vehicles, while geothermal heating and cooling, closed-cell foam insulation, and a newer roof deliver exceptional energy efficiency. Whether you're an avid water-skier, boater, or simply seeking an exclusive waterfront retreat, this is a rare opportunity to own one of the most unique luxury properties in North Texas.
Full Property Details
Full Property Details for 506 Calm Water Cove
General
- Price: $1,525,000
- HOA FEE: $129/month
- HOA FEE FREQ.: Quarterly
- Taxes: $14,686
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21297148
- Updated: 6/26/2026
- Added to Site: 10 day(s) ago
Interior
- Interior Features: Wet Bar, Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Masonry
- Appliances: Some Gas Appliances, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Plumbed For Gas, Refrigerator, Some Commercial Grade, Vented Exhaust Fan, Wine Cooler
- Flooring: Luxury Vinyl Plank, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Additional Information
- Pool: Yes
- Pool Description: In Ground, Outdoor Pool, Pool, Pool/Spa Combo
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
- Equipment: Irrigation Equipment
Exterior
- Exterior Features: Boat Slip, Dock, Lighting, Rain Gutters
- Porch/Patio/Deck: Patio, Screened, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Carports: Yes
- Carport Spaces: 3
- Covered Spaces: 3
- Parking Features: Additional Parking, Concrete, Door-Multi, Epoxy Flooring, Enclosed, Garage, Garage Door Opener, Oversized, RV Garage, Garage Faces Side, Boat, RV Access/Parking
Location
- County: Collin
- Subdivision: Princeton Lakes
- Driving Directions: Get on I-345 5 min (2.1 mi) ? Follow US-75 N to N Central Expy N in McKinney. Take exit 41 from US-75 N 30 min (32.0 mi) ? Follow US-380 to your destination in Princet
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Godwin
- Middle School: Clark
- High School: Princeton
Community
- Association: Yes
- Assoc. Name: Princeton Lakes POA
- Assoc. Fees Include: All Facilities
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Geothermal
- Heating Type: Central, Geothermal
Utilities
- Sewer: Aerobic Septic
- Water: Public, Private
- Cable Available: Yes
- Utility Description: Electricity Connected, Natural Gas Available, Septic Available, Separate Meters, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Contemporary/Modern
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Asphalt
- Windows: Bay Window(s), Window Coverings
- Stories/Levels: 2
- Living Area: 3,345 Sq. Ft.
- Year Built: 2010
Lot Features
- Lot Size (Acres): 1.07
- Lot Size (Sq. Ft.): 46,609.2
- Fencing (Description): Back Yard, Metal
Water Features
- Water Front: Yes
- Water Front Desc.: Boat Dock/Slip, Boat Ramp/Lift Access, Lake Front
- Lake Front: Yes
- Boat Dock Slip: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $387
- Assoc Fee Freq.: Quarterly
- Tax Amount: $14,686
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: PRINCETON LAKES (CPN), BLK A, LOT 30
- Property ID: R440200A03001
- Block: A
- Lot Number: 30
Listed by VIP Realty, Glen Wyche
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Listing agent
— 506 Calm Water Cove —
Glen Wyche
VIP Realty
214-295-4888
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 506 Calm Water Cove
School District:Princeton Independent School District
| Name | Grades | Distance |
|---|---|---|
Godwin Elementary School 1019 North 6th Street, Princeton, TX 75407 | PK-5 | 2.6 mi |
Clark Middle 301 Panther Parkway, Princeton, TX 75407 | 6-8 | 2.2 mi |
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407 | 9-12 | 1.9 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 506 Calm Water Cove
Tax History
Tax History for 506 Calm Water Cove
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,686
30%
$782,011
-1%
2023
$11,297
-11%
$786,116
-4%
2022
$12,651
—
$820,497
13%
2022
$12,651
4%
$723,492
32%
2021
$12,218
—
$546,393
3%
2020
$12,178
-1%
$530,408
8%
2019
$12,251
2%
$489,874
5%
2018
$12,019
10%
$467,500
10%
2017
$10,973
-11%
$425,000
-11%
2016
$12,374
12%
$476,000
13%
2015
$11,035
8%
$421,378
10%
2014
$10,185
19%
$383,071
15%
2013
$8,587
—
$334,119
—
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 506 Calm Water Cove
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
506 Calm Water Cove, Princeton, TX 75407 (MLS# 21297148) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 506 Calm Water Cove is currently listed for $1,525,000 and was received on June 18, 2026. Want to learn more about 506 Calm Water Cove? 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.