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Single Family ResidenceResidential
$330,560$166 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 97How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

505 MERRIAM DR

PRINCETON, TX 75407
4
Beds
2
Baths
1,994 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2024
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$331K
$319K low$342K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,000 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$333,284 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$100,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$233,284
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$100,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$333,284

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.55
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
39
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
93
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
55
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
88
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCollin

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Mattei Middle SchoolC+
Middle · Grades 6–8 · 0.4 mi
E
Mary Mayfield Elementary School:C
Elementary · Grades PK–5 · 2.5 mi
H
Princeton High SchoolC+
High · Grades 9–12 · 5.3 mi

District: Princeton Independent School District

Neighborhood · ZIP 75407These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.117
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.33

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.17%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.27,605
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.420 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$83,396
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$99,076
Average tempThe average temperature here across a full year.65°F
Annual precipHow much rain and melted snow falls here in a typical year.41 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.62%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

505 Merriam Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 86% of homes in Collin County
  • Costs less per square foot than 90% of homes in Collin County
  • Smaller than 70% of homes in Collin County
  • Among the newest homes in Collin County

What homes are worth in Princeton 75407

Each bar is how many homes fall in that price range. The marker is this home.

This home
$186K$678K

This home is worth more than 69% of homes in Princeton 75407.

How it measures up in Princeton 75407

The dot is this home. The mark in the middle is the typical home in Princeton 75407.

Estimated value$330,560
CheaperTypical $300,111Pricier

Pricier than 69% of homes nearby

Price per ft²$166
CheaperTypical $167Pricier

Pricier than 47% of homes nearby

Living area1,994 ft²
SmallerTypical 1,783 ft²Bigger

Bigger than 65% of homes nearby

Year built2024
OlderTypical 2021Newer

Newer than 98% of homes nearby

How 505 Merriam Dr ranks against every home in each area.
MeasureThis homePrinceton 75407Collin County
Estimated valuepricier than$330,56069% of homes14% of homes
Price per ft²pricier than$16647% of homes10% of homes
Living areabigger than1,994 ft²65% of homes30% of homes
Year builtnewer than202498% of homesalmost all homes

About 505 Merriam Dr

How much is 505 Merriam Dr, Princeton, TX worth?

The TopHap Estimate for 505 Merriam Dr, Princeton, TX is $330,560 as of Sep 24, 2026. The likely range is $319,105 to $342,015. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 Merriam Dr, Princeton, TX last sell?

505 Merriam Dr, Princeton, TX last sold on Jan 27, 2025, according to the county's recorded deed.

How big is 505 Merriam Dr, Princeton, TX?

505 Merriam Dr, Princeton, TX has 4 bedrooms, 2 bathrooms and 1,994 square feet of living space.

When was 505 Merriam Dr, Princeton, TX built?

505 Merriam Dr, Princeton, TX was built in 2024, making it 2 years old. The building has 1 story.

What schools serve 505 Merriam Dr, Princeton, TX?

505 Merriam Dr, Princeton, TX is assigned to Mattei Middle School (middle), rated C+; Mary Mayfield Elementary School: (elementary), rated C; Princeton High School (high), rated C+. All sit in Princeton Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 Merriam Dr, Princeton, TX compare to other homes in Princeton 75407?

Among the 26,991 homes in Princeton 75407, it is worth more than 69% of them ($330,560 against a typical $300,111), its price per square foot is higher than 47% of them ($166 against a typical $167), it is bigger than 65% of them (1,994 ft² against a typical 1,783 ft²) and it is newer than 98% of them (2024 against a typical 2021). Measured against all of Collin County, it is worth more than 14% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 505 Merriam Dr, Princeton, TX?

The 2024 property tax bill for 505 Merriam Dr, Princeton, TX was $1,000. The county assessed it at $333,284.

More homes on Merriam Dr

Closest homes

More homes in Princeton 75407

Assigned schools

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