701 Parkplace Rdg, Princeton, TX 75407
- $519,000
- 6
- BD
- 6
- BA
- List Price
- $519,000
- Price Change
- ▼ $6,000 1777167402
- MLS#
- 21200058
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 2008
- Construction Status
- Preowned
- Bedrooms
- 6
- Full Baths
- 4
- Half Baths
- 2
- Acres
- 0.22
- County
- Collin
- City
- Princeton
- Subdivision
- Parkview Heights
- Building Name
- Na
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.
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Additional Information
- Unexempt Taxes
- $7,660
- Lot Size
- 9,713
- Acres
- 0.22
- Interior Features
- Other
- Flooring
- Other
- Foundation
- Concrete Perimeter
- Roof
- Other
- Stories
- 2
- Pool Features
- None
- Garage Spaces
- 2
- Parking Garage
- Covered
- School District
- Princeton Isd
- Elementary School
- Godwin
- Middle School
- Clark
- High School
- Lovelady
- Possession
- ClosePlus30To60Days
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Listing courtesy of Sri Sadam from Keller Williams Realty-FM. Contact: 817-991-0351