701 PARKPLACE RIDGE, PRINCETON, TX 75407

Homes for sale in Princeton.

Homes for sale in 75407.


701 Parkplace Ridge

Princeton, TX 75407

Active

List Price$525,000

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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