No photo
701 Parkplace Ridge Princeton, TX $ 525,000
701 Parkplace Ridge
$ 525,000
Recently Listed
Share Save

701 Parkplace Ridge

Princeton, TX, 75407
$ 525,000
Bedrooms6 Baths4.2

Monthly Estimate*

$ 3,233

Multi-Family Home for sale in Princeton, TX

for $525,000 with 6 bedrooms and 4 full baths, 2 half baths. This home was built in 2008 on a lot size of 0.223.

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.

See more

Multi-Family Active

Price

$ 525,000

Bedrooms

6

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 7,660

Style

Duplex

Lot Size

0.223

Year Built

2008

Town/City

Princeton

County/Region

Collin

MLS | Web ID

21200058

Features
Interior
Interior Features Other
Flooring Other
Total Units 2
Half Baths 2
Total Bedrooms 6
Total Baths 6
See more
General
Heating Central Electric
Complex Name na
Cooling Electric
Utilities City Sewer City Water
Possession 30-60 Days
Roof Other
Appliances Dishwasher Disposal
Number of Garage Spaces 2
School District Princeton ISD
Pool Y/N 0
Year Built 2008
Levels Two
Property Subtype Duplex
Subdivision Name Parkview Heights
Occupant Type Tenant
County Collin
Property Type Residential Income
Construction Materials Brick Concrete
Year Built Details Preowned
HOA Type None
# of Buildings 1
Full Baths 4
Status Active
Directions Please use google maps for directions. Call agent for questions
City Princeton
Elementary School Name Godwin
High School Lovelady
Elementary School Godwin
Standard Status Active
Listing Terms Cash Conventional FHA
See more
Exterior
Waterfront 0
Parking Features Covered
Foundation Concrete Perimeter
Building Area Total 2878.00
Garage Y/N 1
Attached Garage Y/N 1
See more
Internal Only
Street Number 1 701
See more
* Excluded Features
List By
Sri Sadam

Listing Agent

Keller Williams Realty-Fm

Broker

Affordability Calculator

$3,871
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$638
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
286571 Elementary School
3676441 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$525,000 Listed Price

Map


See all

701 Parkplace Ridge, Princeton, TX, 75407 is a Multi-Family Home for sale at $525,000 with a lot size of 0.223. 701 Parkplace Ridge has 6 bedrooms, 4.2 baths, and was built in 2008. The property's zip code is 75407 which is in Princeton, TX