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For sale
  • Price cut: $6K (4/25)
    $519,000

    701 Parkplace Rdg, Princeton, TX 75407

    6beds
    2,878sqft
    : Get pre-qualified
    Duplex, Multi Family
    Built in 2008
    9,713 Square Feet Lot
    $504,700 Zestimate®
    $180/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.
    87 days
    |
    34
    |
    1
    |

    Zillow last checked:

    Listing updated:

    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: 5
      • 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
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      Property

      Parking
      • Total spaces: 2
      • Parking features: Covered
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 9,713 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: $180/sqft
      • Tax assessed value: $407,908
      • Annual tax amount: $7,660
      • Date on market: 3/6/2026
      • Cumulative days on market: 88 days
      • Listing terms: Cash,Conventional,FHA
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        Estimated market value

        $504,700

        $479,000 - $530,000

        $2,416/mo

        Price history

        DateEventPrice
        4/25/2026Price change$519,000-1.1%$180/sqft
        Source: NTREIS #21200058 Report a problem
        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

        YearProperty taxesTax assessment
        2025$7,660 -13.2%$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

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 75407

          Getting around

          40 / 100
          Car-Dependent
          33 / 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.

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