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… Read More 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. Read Less
Courtesy of Keller Williams Realty-FM, Sri Sadam.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Duplex
Beds
6
Full Baths
4
Partial Baths
2
Lot Size
0.22 Acres
Year Built
2008
MLS Number
21200058
Additional Details
Appliances & Equipment
Dishwasher, Disposal
Building
Built in 2008, Construction materials: Brick, Concrete, Levels: Two, 1 building, 2, Toal building area: 2878
Cooling
Electric
Expenses
Insurance: $8,000
Garage
2 garage spaces
Heating
Central, Electric
Income
Gross income: $43,200, Net operating income: $23,200
Lot
0.223 acres, 9,714 sqft
Parking
2 covered spaces, 2 total parkings, Covered
Pool
None
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable
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