Skip main navigation
For sale
Street View
  • $525,000

    701 Parkplace Rdg, Princeton, TX 75407

    6beds
    2,878sqft
    : 
    Duplex, Multi Family
    Built in 2008
    9,713.88 Square Feet Lot
    $509,600 Zestimate®
    $182/sqft
    $-- HOA

    What's special

    Manageable outdoor spacePrivate bedroomsAmple parkingEfficient floor planWell-equipped kitchensSeparate entrances
    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.
    6 days
    |
    67
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 05, 2026 at 08:19pm

    Listed by:

    Sri Sadam 0778014 817-991-0351,

    Keller Williams Realty-FM 972-874-1905

    Source: NTREIS,MLS#: 21200058

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Electric
    Appliances
    • Included: Dishwasher, Disposal
    Features
    • Other
    • Flooring: Other
    Interior area
    • Total structure area: 2,878
    • Total interior livable area: 2,878 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 9,713.88 Square Feet
    Details
    • Parcel number: R908800004301

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Brick, Concrete
    • Foundation: Concrete Perimeter
    • Roof: Other
    Condition
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: Parkview Heights
    HOA
    • Has HOA: No
    Location
    • Region: Princeton

    Financial & listing details

    • Price per square foot: $182/sqft
    • Tax assessed value: $407,908
    • Annual tax amount: $7,660
    • Date on market: 3/6/2026
    • Listing terms: Cash,Conventional,FHA
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $509,600

    $484,000 - $535,000

    $2,178/mo

    Price history

    Price history
    DateEventPrice
    3/6/2026Listed for sale$525,000+5%$182/sqft
    Source: NTREIS #21200058 Report a problem
    8/11/2023Sold--
    Source: NTREIS #20366871 Report a problem
    8/7/2023Pending sale$500,000$174/sqft
    Source: NTREIS #20366871 Report a problem
    7/25/2023Contingent$500,000$174/sqft
    Source: NTREIS #20366871 Report a problem
    7/7/2023Listed for sale$500,000+47519%$174/sqft
    Source: NTREIS #20366871 Report a problem
    8/17/2017Listing removed$1,295
    Source: McKinney North Collin County #13592005 Report a problem
    7/14/2017Price change$1,295+3.6%
    Source: McKinney North Collin County #13592005 Report a problem
    6/17/2017Price change$1,250+19%
    Source: Keller Williams N. Collin Co. #13592005 Report a problem
    10/10/2014Sold--
    Source: Agent Provided Report a problem
    3/10/2014Listing removed$1,050-99.4%
    Source: Keller Williams - McKinney North Collin County #11820320 Report a problem
    8/4/2012Listed for rent$1,050
    Source: RIPPERGER PROPERTY MANAGEMENT Report a problem
    12/5/2011Listing removed$189,000$66/sqft
    Source: Keller Williams N Collin Cty #11518314 Report a problem
    2/17/2011Listed for sale$189,000$66/sqft
    Source: Keller Williams N. Collin Co. #11518314 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025-- $407,908 -14.5%
    2024$8,821 +2.8%$477,284 +7.2%
    2023$8,584 +5.1%$445,174 +20.5%
    2022$8,166 +10.8%$369,312 +15.9%
    2021$7,367 -4.9%$318,624 -2.3%
    2020$7,748 -2.8%$326,270 +2.4%
    2019$7,968 +1.6%$318,616 +4.5%
    2018$7,839 +33.5%$304,920 +25.2%
    2017$5,873 $243,558 +7.8%
    2016$5,873 +25.1%$225,912 +17.9%
    2015$4,694 $191,624 +8.5%
    2014$4,694 $176,534 +12%
    2013-- $157,682 -0.8%
    2012-- $158,998 -4.1%
    2011-- $165,860 -1.6%
    2010-- $168,634 +2.2%
    2009-- $165,034 +560.1%
    2008-- $25,000 +525%
    2007-- $4,000

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,154/mo
    Principal & interest
    $2537
    Property taxes
    $617
    More affordability tools

      Climate risks

      Neighborhood: 75407

      Getting around

      40 / 100
      Car-Dependent
      35 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Godwin
      • Middle: Clark
      • High: Lovelady
      • District: Princeton ISD

      Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

      Local experts in 75407

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel