# 701 Parkplace Ridge, Princeton, TX 75407

> **TL;DR:** 6bd/6ba multi-family, $525,000, built 2008. Est. $2,275/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $525,000 |
| Bedrooms | 6 |
| Bathrooms | 4 full, 2 half |
| Year Built | 2008 |
| Lot Size | 9,714 sqft (0.22 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,275 |
| **Total** | **$2,275** |

## Nearby Schools

- **Elementary:** Godwin

## Property Highlights

- Built in 2008
- 0.22 acre lot
- 2 stories
- 2 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 701 Parkplace Ridge, Princeton, TX 75407
- **County:** Collin
- **Neighborhood:** Parkview Heights
- **Coordinates:** 33.181782, -96.492465
- **Google Maps:** https://www.google.com/maps?q=33.181782,-96.492465

## Listing Agent

- **Name:** Sri Sadam
- **Brokerage:** Keller Williams Realty-FM
- **Phone:** 9728741905
- **Email:** sadamsrinath@gmail.com

## Primary Photo

![701 Parkplace Ridge - Primary Photo](http://lh.rdcpix.com/3230aa9710dc93b7fe7eb0cee9503737l-f1520561078r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/701-parkplace-ridge-princeton-tx-75407-21200058)*

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**MLS#:** 21200058 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/701-parkplace-ridge-princeton-tx-75407-21200058)

---

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