Skip to content
1 / 13View 13 photos

701 Parkplace Ridge

Princeton, TX 75407

Listing courtesy of Sri Sadam, Keller Williams Realty-FM

$519,000
Active
Beds
6
Baths
6
Sqft
Year Built
2008

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. Buyer agent or buyer to verify all information.

Schools

Elementary
Godwin
Middle
Clark
High
Lovelady

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21200058
Property Type
ResidentialIncome
Status
Active
County
Collin
Subdivision
Parkview Heights
Lot Size
9,713.88 sqft
Garage
2-car
HOA Dues
None
Annual Taxes
$7,660
Days on Market
52 days
Listed
Mar 5, 2026
Price per Sqft

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$3,552/mo
Principal & interest
$2,762
Property taxes
$638
Homeowner's insurance (est.)
$151

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

Similar homes nearby

See all in Princeton

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Mar 5, 2026