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.
For sale
Street View
$525,000
701 Parkplace Rdg, Princeton, TX 75407
6beds
2,878sqft
Est.:
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
- 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
Estimated market value
$509,600
$484,000 - $535,000
$2,178/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $525,000+5%$182/sqft |
Source: NTREIS #21200058 Report a problem | ||
| 8/11/2023 | Sold | -- |
Source: NTREIS #20366871 Report a problem | ||
| 8/7/2023 | Pending sale | $500,000$174/sqft |
Source: NTREIS #20366871 Report a problem | ||
| 7/25/2023 | Contingent | $500,000$174/sqft |
Source: NTREIS #20366871 Report a problem | ||
| 7/7/2023 | Listed for sale | $500,000+47519%$174/sqft |
Source: NTREIS #20366871 Report a problem | ||
| 8/17/2017 | Listing removed | $1,295 |
Source: McKinney North Collin County #13592005 Report a problem | ||
| 7/14/2017 | Price change | $1,295+3.6% |
Source: McKinney North Collin County #13592005 Report a problem | ||
| 6/17/2017 | Price change | $1,250+19% |
Source: Keller Williams N. Collin Co. #13592005 Report a problem | ||
| 10/10/2014 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 3/10/2014 | Listing removed | $1,050-99.4% |
Source: Keller Williams - McKinney North Collin County #11820320 Report a problem | ||
| 8/4/2012 | Listed for rent | $1,050 |
Source: RIPPERGER PROPERTY MANAGEMENT Report a problem | ||
| 12/5/2011 | Listing removed | $189,000$66/sqft |
Source: Keller Williams N Collin Cty #11518314 Report a problem | ||
| 2/17/2011 | Listed for sale | $189,000$66/sqft |
Source: Keller Williams N. Collin Co. #11518314 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 4/10Godwin Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Clark MiddleGrades: 6-8Distance: 0.3 mi
- 6/10Princeton High SchoolGrades: 9-12Distance: 0.6 mi
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.




