701 PARKPLACE RIDGE, PRINCETON, TX 75407
Homes for sale in Princeton.
Homes for sale in 75407.
701 Parkplace Ridge
Princeton, TX 75407
List Price$525,000
No Property Photo Available
Listing #21200058
6
Bedrooms
4 full, 2 partial
Bathrooms
2,878
Square Feet
2
Number of Units
Multi-Unit Residential
Type
About This Property
Located in the rapidly growing community of Princeton, this well-maintained duplex at 701 Parkplace Ridge offers an excellent opportunity for investors or owner-occupants looking to generate strong rental income in one of North Texas' fastest-growing areas. Each unit features a comfortable and functional layout with spacious living areas, well-equipped kitchens, and private bedrooms, designed to meet the needs of modern tenants. The efficient floor plan maximizes living space while maintaining privacy between units. Both units are currently generating strong rental income, with each side renting for $1,800+ per month, making this property a solid income-producing investment with attractive cash flow potential. Additional features include separate entrances, ample parking, and manageable outdoor space, providing convenience and privacy for residents. Conveniently located just minutes from US-380, local schools, shopping, and dining, the property benefits from Princeton's continued residential expansion and proximity to major employment centers in the North Dallas corridor. Property Highlights Duplex investment opportunity Each unit rents for $1,800+ per month Strong rental demand in a high-growth area Separate entrances for each unit Spacious living areas and functional layouts Easy access to US-380, schools, shopping, and dining 701 Parkplace Rdg presents a rare opportunity to own a performing rental property in a rapidly appreciating market. Buyer agent or buyer to verify all information.
Property Features
Location Information
County
Collin
Subdivision
Parkview Heights
Interior Features
Interior
Other
Cooling
Electric
Full Baths
4
Floors
Other
1/2 Baths
2
Appliances
Dishwasher, Disposal
Has Fireplace
No
Total Number of Units
2
Heating
Central, Electric
Exterior Features
Stories
2
Garage Spaces
2
Construction
Brick, Concrete
Pool Description
None
Foundation
Concrete Perimeter
Lot Size in Acres
0.223
Roof
Other
Lot Size in Sq. Ft.
9,713
Water / Sewer
Sewer Available, Water Available
Buildings
1
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
2,878
Parking Description
Covered
Is One Story
No
Has Garage
Yes
School
Elementary School District
Princeton ISD
Jr. High School
Clark
Elementary School
Godwin
High School
Lovelady
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Property SubType
Duplex
Tax Annual Amount
7660.0
Year Built
2008
Similar Listings
Mortgage Calculator
$2,450
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,891
Monthly Tax
$437
Monthly Insurance
$122
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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