701 Parkplace Ridge, Princeton, TX 75407
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: sri sadam
Office: keller williams realty-fm
MLS#:21200058
Source:GDAR
Price summary
- Price:$519,000
- Price per sq. ft.:$180.33
About this home
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.
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Home facts
- Year built:2008
- Listing ID #:21200058
- Added:69 day(s) ago
- Updated:May 14, 2026 at 11:41 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:4
- Half bathrooms:2
- Kitchen Description:Dishwasher, Disposal
- Living area:2,878 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Central, Electric
Structure and exterior
- Year built:2008
- Building area:2,878 sq. ft.
- Lot area:0.22 Acres
- Construction Materials:Brick, Concrete
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Schools
- High school:Lovelady
- Middle school:Clark
- Elementary school:Godwin
Finances and disclosures
- Price:$519,000
- Price per sq. ft.:$180.33
- Tax amount:$7,660
Features and amenities
- Appliances:Dishwasher, Disposal
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:2
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