$525,000

701 Parkplace Ridge, Princeton, TX 75407

  • 6 beds |
  • 6 baths |
  • 2,878 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 2008
  • Property Lot Size Icon9,714sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $182/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
April 5, 2026 at 6:20PM
Listing Office:
Keller Williams Realty-FM : 972-874-1905
Listing Agent:
Sri Sadam :
MLS ID:
21200058
  • General: Other
  • Appliances: DishwasherDisposal
  • Flooring: Other
  • A/C: Electric
  • Heating: CentralElectric
  • Pool: None
  • Parking: CoveredParking spaces: 2
  • Roofing: Other
  • General: BrickConcrete2Concrete Perimeter
  • Originating MLS: NTR
  • School District: Princeton ISD
  • County: Collin
  • Zoning: PARKVIEW HEIGHTS (CPN)LOT 43R908800004301
  • Utilities: Sewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Sri Sadam , Keller Williams Realty-FM

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

James A. Godwin Elementary School

1019 N 6th St, Princeton, TX, 75407

Grades PK-5

0.21 miles away

C

Clark Middle School

301 Panther Pkwy, Princeton, TX, 75407

Grades 6-8

0.33 miles away

H

Huddleston Special Programs Center

600 Mabel Ave, Princeton, TX, 75407

Grades KG-12

0.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.