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PRICE CUTMULTI-FAMILY · PARKVIEW HEIGHTS

$509,000

701 Parkplace Ridge, Princeton, TX 75407
6 BD · 6 BA · 0 SQFT · BUILT 2008

Parkview Heights, Princeton — 157 days on the market.

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.

01 — THE NUMBERS
DAYS ON MARKET
157
$ / SQFT
$Infinity
PROPERTY TYPE
Multi-family
YEAR BUILT
2008
STATUS
Active
LISTED
MAR 14
LOT
0.223 AC
ORIGINAL PRICE
$519K
02 — KNOW THE CITY
PrincetonFULL CITY REPORT →
THIS HOME VS CITY MEDIAN ACTIVE LIST ($312K · NTREIS)
+63% VS MEDIANPRINCETON ISD · COLLIN COUNTY · 42 MIN TO DT DALLAS
03 — SCHOOLS
Schools reported for this listing

Schools reported by this listing’s MLS record. School assignments and boundaries can change. Verify the specific address with the district.

ELEMENTARYGodwin
MIDDLEClark
HIGHLovelady
DISTRICTPrinceton ISD
AS REPORTED ON THE MLS RECORD — NOT A BOUNDARY DETERMINATION
LISTING COURTESY OF KELLER WILLIAMS REALTY-FMMLS# 21200058 · NTREIS
LAST UPDATED AUG 9, 2026, 7:41 PM CT · NTREIS IDX · LISTING INFORMATION PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. (NTREIS). INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED. DATA MAY NOT REFLECT ALL REAL ESTATE ACTIVITY IN THE MARKET. COPYRIGHT NTREIS. ALL RIGHTS RESERVED.
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