Princeton, TX 75407 701 Parkplace Ridge
$525,000
Presented By: Keller Williams Realty-FM
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Keller Williams Realty-FM
Interior Features for 701 Parkplace Ridge
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths2
Total Baths6
Other Interior Features
FlooringOther
Interior FeaturesOther
Lock Box TypeCall Listing Office
Total Units2
Unit Count2
General for 701 Parkplace Ridge
# of Buildings1
AppliancesDishwasher, Disposal
Capitalization Rate4.42
CityPrinceton
Complex Namena
Construction MaterialsBrick, Concrete
CoolingElectric
CountyCollin
DirectionsPlease use google maps for directions.
Call agent for questions
Elementary SchoolGodwin
Elementary School NameGodwin
Full Baths4
Gross Annual Expenses20000.00
HOA TypeNone
HeatingCentral, Electric
High SchoolLovelady
Insurance Expense8000
LevelsTwo
Listing TermsCash, Conventional, FHA
Number of Garage Spaces2
Occupant TypeTenant
Pool Y/NNo
Possession30-60 Days
Property SubtypeDuplex
Property TypeResidential Income
RoofOther
School DistrictPrinceton ISD
Standard StatusActive
StatusActive
Subdivision NameParkview Heights
Unexempt Taxes7660
UtilitiesCity Sewer, City Water
Will SubdivideNo
Year Built2008
Year Built DetailsPreowned
Exterior for 701 Parkplace Ridge
Attached Garage Y/NYes
Building Area Total2878.00
Covered Spaces2
Foundation Concrete Perimeter
Garage Y/NYes
Lot Size Acres0.2230
Lot Size Area0.2230
Lot Size Square Feet9713.8800
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesCovered
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Godwin Elementary School
High School
N/A
Middle School
N/A
Suzanne Smith
Broker/Owner
