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701 Parkplace Ridge, Princeton, TX 75407

$525,000
  • 701 Parkplace Ridge, Princeton, TX 75407 Main Photo

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Active
BEDS6 BATHS4 full 2 partial MLS#21200058
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONParkview Heights SCHOOLPrinceton ISD

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 HighlightsDuplex investment opportunityEach unit rents for $1,800+ per monthStrong rental demand in a high-growth areaSeparate entrances for each unitSpacious living areas and functional layoutsEasy access to US-380, schools, shopping, and dining701 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.

701 Parkplace Ridge | MLS# 21200058

This multi-family property located at 701 Parkplace Ridge, Princeton, TX 75407 is currently listed for sale with an asking price of $525,000. Parkplace Ridge is located within the Princeton ISD school district. Search Princeton real estate on kyladieterich.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric
Garage: 2 car attached
Heating: Central, Electric
Lot Size: 0.22 Acres
Roof Type: Other
Year Built: 2008

Amenities

Other

Feature Descriptions

Appliances: Dishwasher, Disposal
Days on Site: 40
Exterior: Brick, Concrete
Flooring: Other
Parcel#: R908800004301
Parking: Covered
Parking Notes: Covered
Units: 2
Utilities: City Sewer, City Water

Local Schools

Elementary School: Godwin
School District: Princeton ISD

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty-FM
Agency Contact: 817-991-0351
Agent Name: Sri Sadam

agent picture

Shown By

Agent Name: Kyla Dieterich
Agent Phone: (254) 749-6069
Agency Title: Kelly, Realtors

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Estimated Payment

$ 1,321.55 per month $1,168.42 Principal & Interest $0.00 Property Tax (data not provided by mls) $153.13 Homeowner's Insurance

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