Last listed at $500,000, CLOSED ON Aug 2023

$471,992

•

2,878

sq ft

701 Parkplace Rdg, Princeton, TX 75407

About this home

Wonderful investment opportunity! Two gorgeous townhouses with open floor plan which flows from kitchen to breakfast room to living room. Great for entertaining family and friends. Sliding glass door leads to private fenced in back yard. Powder room on the first floor. Three bedrooms located on the second floor with two more full baths. Owner’s retreat has an ensuite. Turn key investment as tenants are already in place. There are separate meters for the water and electric. Tenants pay all utilities and do their own lawn care. Close to schools, shopping and easy access to highway 380

Multi-familyProperty Type

2008Year Built

9,714 sq ftLot Size

$164Est. Price/Sq.Ft.

2 car garageParking

Listed by Michael Ripperger • Keller Williams NO. Collin Cty

Contact: 972-562-8883

Bought with Sri Sadam • Keller Williams Realty-FM

Redfin checked: 2 minutes ago

•Source:NTREIS #20366871

Redfin Estimate

$471,992

$28K under list price of $500K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.4% lower than the average sale price ($551K) of 6 comparable homes.

SOLD DEC 5, 2025
$449,000
A
6 beds5 baths3,072 sq ft
807 Fenet St, McKinney, TX 75069
SOLD SEP 11, 2026
$1,147,900
B
3 beds3.5 baths2,788 sq ft
605 Barnes St, McKinney, TX 75069
SOLD MAY 26, 2026
$715,000
C
4 beds3 baths2,654 sq ft
1215 Coleman St, McKinney, TX 75069
SOLD JUN 22, 2026
$324,900
D
4 beds2 baths1,755 sq ft
810 Maples Ave, McKinney, TX 75069
SOLD MAY 8, 2026
$229,900
E
4 beds2.5 baths2,399 sq ft
1021 S Murray St, McKinney, TX 75069
SOLD MAR 17, 2026
$439,999
F
4 beds2.5 baths3,071 sq ft
1213 S Kentucky St, McKinney, TX 75069

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Earn from this home

Sell

$442,815

Est. take-home

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Market trends in 75407, TX

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.5%

+0.1% MoM

Median sale price

$280K

$634 MoM

Avg. days on market

54d

1 days MoM

Recently sold homes

486

8 MoM

New listings for sale

NEW 3 HRS AGO
$380,000
4 beds2.5 baths2,475 sq ft
133 Meadow Crest Dr, Princeton, TX 75407
$649,900
4 beds3.5 baths2,531 sq ft
240 Teakwood Dr, Princeton, TX 75407
3D WALKTHROUGH
$302,000
4 beds2.5 baths1,793 sq ft
336 Timbercreek Ct, Princeton, TX 75407
$625,000
4 beds2.5 baths2,580 sq ft
10133 Private Road 5393, Princeton, TX 75407
3D WALKTHROUGH
$250,000
3 beds2 baths1,686 sq ft
2060 Meadow Park Dr, Princeton, TX 75407
$1,450,000
4 beds4 baths4,131 sq ft
623 Calm Water Cv, Princeton, TX 75407
$355,000
4 beds3 baths2,193 sq ft
606 Saddle Club Way, Princeton, TX 75407
$245,000
5 beds3 baths1,800 sq ft
2228 County Road 900, Princeton, TX 75407
$339,000
5 beds3.5 baths2,338 sq ft
1201 Jasper Xing, Princeton, TX 75407
$385,000
4 beds2.5 baths2,347 sq ft
4921 Woodloch, Princeton, TX 75407
See all

Provided by Redfin

Sale history for 701 Parkplace Rdg

Date

Event

Price

NTREIS #21200058

Aug 9, 2026

Price Changed

$509,000

$177/sq ft

Apr 25, 2026

Price Changed

$519,000

$180/sq ft

Mar 5, 2026

Listed

$525,000

$182/sq ft

Public Records

Aug 15, 2023

Sold

NTREIS #20366871

Aug 11, 2023

Sold

Aug 7, 2023

Pending

—

Jul 25, 2023

Contingent

—

Jul 7, 2023

Listed

$500,000

$174/sq ft

Public Records

Nov 14, 2014

Sold

Public Records

Oct 10, 2014

Sold

NTREIS #13015173

Oct 9, 2014

Sold

Sep 22, 2014

Pending

—

Sep 11, 2014

Contingent

—

Sep 9, 2014

Listed

$199,000

$69/sq ft

NTREIS #11518314

Dec 4, 2011

Listing Removed

—

Dec 18, 2010

Listed

$189,000

$66/sq ft

Public Records

Dec 11, 2008

Sold

NTREIS #10995249

Jun 20, 2008

Listing Removed

—

May 1, 2008

Listed

$210,000

$73/sq ft

Public Records

Oct 26, 2007

Sold

Year

Property tax

Land + Additions

Assessment*

2025

$7,660 (−13.2%)

$120,000 + $287,908

$407,908

2024

$8,821 (+2.8%)

$120,000 + $338,000

$458,000

2023

$8,584 (+5.1%)

$100,000 + $345,174

$445,174

2022

$8,166 (+10.8%)

$90,000 + $279,312

$369,312

2021

$7,367 (−4.9%)

$70,000 + $248,624

$318,624

2020

$7,748 (−2.8%)

$70,000 + $256,270

$326,270

2019

$7,968 (+1.6%)

$70,000 + $248,616

$318,616

2018

$7,839 (+24.7%)

$70,000 + $234,920

$304,920

2017

$6,289 (+7.1%)

$50,000 + $193,558

$243,558

2016

$5,872 (+17.0%)

$50,000 + $193,558

$243,558

2015

$5,018 (+6.9%)

$50,000 + $175,912

$225,912

2014

$4,693 (+15.2%)

$30,000 + $146,534

$176,534

2012

$4,075 (−12.0%)

$30,000 + $127,682

$157,682

2011

$4,629 (+10.1%)

$30,000 + $128,998

$158,998

2010

$4,204

2009

$4,204

Tax history for 701 Parkplace Rdg

Year

Property tax

Land + Additions

Assessment*

2025

$7,660 (−13.2%)

$120,000 + $287,908

$407,908

2024

$8,821 (+2.8%)

$120,000 + $338,000

$458,000

2023

$8,584 (+5.1%)

$100,000 + $345,174

$445,174

2022

$8,166 (+10.8%)

$90,000 + $279,312

$369,312

2021

$7,367 (−4.9%)

$70,000 + $248,624

$318,624

2020

$7,748 (−2.8%)

$70,000 + $256,270

$326,270

2019

$7,968 (+1.6%)

$70,000 + $248,616

$318,616

2018

$7,839 (+24.7%)

$70,000 + $234,920

$304,920

2017

$6,289 (+7.1%)

$50,000 + $193,558

$243,558

2016

$5,872 (+17.0%)

$50,000 + $193,558

$243,558

2015

$5,018 (+6.9%)

$50,000 + $175,912

$225,912

2014

$4,693 (+15.2%)

$30,000 + $146,534

$176,534

2012

$4,075 (−12.0%)

$30,000 + $127,682

$157,682

2011

$4,629 (+10.1%)

$30,000 + $128,998

$158,998

2010

$4,204

2009

$4,204

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

9,714 Sq. Ft.

Year renovated

2008

Sq. Ft.

1,439

Year built

2008

Style

Multi-Family (2-4 Unit)

County

Collin County

APN

R-9088-000-0430-1

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

Two-Family Residential Duplex District

The purpose of the Two-Family Residential Duplex district is to promote stable, quality residential development of slightly increased densities. Consistent with the city's comprehensive plan, this district may be used as a buffer district between low density and high-density districts or between residential and nonresidential districts.

Permitted uses

Include but are not limited to:

Assembly/ meeting place
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Educational/school
Fire house
Park & open space

Property details

Parking

Parking Information
Carport Spaces: 0
Covered Spaces: 2
Number Of Parking Spaces: 2
Parking Features: Driveway, Garage Faces Front

Parking & Garage
Has Garage
Has Attached Garage
Garage Spaces: 2

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 4
Bathrooms Half: 2

Bedroom Information
Bedrooms Total: 6

Fireplace Information
Fireplaces Total: 0

Heating & Cooling
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric

Interior Features
Appliances: Dishwasher, Disposal, Electric Range, Microwave
Levels: Two
Flooring: Carpet, Ceramic Tile
Interior Features: Cable TV Available, Flat Screen Wiring, Open Floorplan

Multi-Unit Information
Number Of Buildings: 1
Number Of Units Total: 2
Unit Count: 2
Gross Annual Income: 40800.00
Gross Annual Expenses: 2133.00
Insurance Expense: 2133
Net Operation Income: 38667
Operating Expense Includes: Insurance

Exterior

Building Information
Roof: Composition
Construction Materials: Brick, Rock/Stone, Wood
Foundation Details: Slab

Exterior Features
Exterior Features: Covered Porch(es)
Fencing: Wood
Patio And Porch Features: Covered

Lot Information
Lot Features: Cul-De-Sac, Few Trees, Interior Lot, Landscaped, Subdivision
Lot Size Acres: 0.2230
Lot Size Area: 0.2230
Lot Size Source: Assessor
Lot Size Square Feet: 9713.8800
Lot Size Units: Acres
Parcel Number: R908800004301
RATIO List Price By Lot Size Acr: 2242152.46637
Will Subdivide: No

Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Accessibility Features YN: No
Security Features: Smoke Detector(s)
Multi Parcel IDYN: No
Property Key: 48085|R908800004301|1|54425009
Property Match: APN
US Property MUI: 411535757

Building Information
Building Area Total: 2878.00
Building Area Source: Assessor
Year Built: 2008
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No

Financial

Tax Information
Special Taxing Entities: No
Tax Legal Description: PARKVIEW HEIGHTS (CPN), LOT 43
Tax Lot: 43
Unexempt Taxes: 8166

Financial Information
Buyer Financing: Cash
Capitalization Rate: 7.73
Loan Type: Treat As Clear
Second Mortgage YN: No

Utilities

Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water, Concrete, Curbs, Individual Water Meter, Sidewalk

Location

HOA Information
Association Type: None

School Information
Elementary School: Godwin
Elementary School Name: Godwin
High School Name: Princeton
Intermediate School Name: Huddleston
Middle School Name: Clark
School District: Princeton ISD

Location Information
County Or Parish: Collin
Country: United States
Directions: 380 West, Left on Boorman Lane, Left on East College Street, Left on Parkview Trail, Right on Parkplace Ridge, Duplex is on the Left. 380 East, Right on Boorman Lane, Left on East College Street, Left on Parkview Trail, Right on Parkplace Ridge, Duplex is on the Left.
Latitude: 33.18177600
Longitude: -96.49245700
Geocode Confidence: High
Complex Name: Parkview Heights
Subdivision Name: Parkview Heights

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,439
Stories: 2.0
Lot Size: 9,714 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 2008
Year Renovated: 2008
County: Collin County
APN: R-9088-000-0430-1

Home facts updated by county records on Sep 18, 2026

Other

Documents & Disclosures
Doc Box Num Mls Documents: 2
Doc Box Num Private Documents: 0
Doc Box Num Public Documents: 0

Green Verification Information
Green Verification Count: 0

Listing Information
Attribution Contact: 972-562-8883
DOCBOX GUID: F69FCEEE-3F7C-498A-9B71-A3BF4C93F9E2
Doc Box Modification Timestamp: 2023-07-07T12:26:20.070
Listing Agreement: Exclusive Right To Sell
Listing Id: 20366871
Listing Key Numeric: 428810183
Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 31
Possession: Closing/Funding
Seller Contributions: 0
Special Listing Conditions: Standard
Special Notes: Aerial Photo
Standard Status: Closed
Third Party Assistance Program Y: No
URL Non Public 1: https://mls.shoot2sell.com/701-parkplace-ridge-princeton-tx-75407

Listing Date Information
Days On Market: 17
Cumulative Days On Market: 17
Close Date: 2023-08-11
Purchase Contract Date: 2023-07-24
Expiration Date Option: 2023-07-31
Listing Contract Date: 2023-07-07
Off Market Date: 2023-07-24
Status Change Timestamp: 2023-08-14T14:47:51.000

Listing Price Information
Original List Price: 500000.00
List Price: 500000.00
RATIO Close Price By Lot Size Ac: 2053811.65919
RATIO Current Price By Lot Size: 2053811.65919

Around this home

Schools

Godwin Elementary School

Public PreK-5 • Assigned • 0.2mi

3/10

Clark Middle

Public 6-8 • Assigned • 0.3mi

8/10

Princeton High School

Public 9-12 • Assigned • 0.6mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

5% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 110° expected this year, 24 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Princeton, TX • 75407

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

93/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.7 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$449,000 – $543,000

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New listings for sale in 75407

NEW 3 HRS AGO

$380,000

4 beds2.5 baths2,475 sq ft

133 Meadow Crest Dr, Princeton, TX 75407

$649,900

4 beds3.5 baths2,531 sq ft

240 Teakwood Dr, Princeton, TX 75407

3D WALKTHROUGH

$302,000

4 beds2.5 baths1,793 sq ft

336 Timbercreek Ct, Princeton, TX 75407

$625,000

4 beds2.5 baths2,580 sq ft

10133 Private Road 5393, Princeton, TX 75407

3D WALKTHROUGH

$250,000

3 beds2 baths1,686 sq ft

2060 Meadow Park Dr, Princeton, TX 75407

$1,450,000

4 beds4 baths4,131 sq ft

623 Calm Water Cv, Princeton, TX 75407

$355,000

4 beds3 baths2,193 sq ft

606 Saddle Club Way, Princeton, TX 75407

$245,000

5 beds3 baths1,800 sq ft

2228 County Road 900, Princeton, TX 75407

$339,000

5 beds3.5 baths2,338 sq ft

1201 Jasper Xing, Princeton, TX 75407

Home values near 701 Parkplace Rdg

Data from public records.

Address	Redfin Estimate
800 Parkplace Rdg, Princeton, TX 3 Beds \| 2.5 Baths \| 1323 Sq. Ft.	$239,359
709 Parkplace Rdg, Princeton, TX 3 Beds \| 2.5 Baths \| 3016 Sq. Ft.	$486,004

Address	Redfin Estimate
712 Parkplace Rdg, Princeton, TX 4 Beds \| 2.5 Baths \| 1498 Sq. Ft.	$278,495
713 Parkplace Rdg, Princeton, TX 3 Beds \| 2.5 Baths \| 1498 Sq. Ft.	$244,103

Address	Redfin Estimate
705 Parkplace Rdg, Princeton, TX 3 Beds \| 2.5 Baths \| 1439 Sq. Ft.	$347,407
809 Parkplace Rdg, Princeton, TX 3 Beds \| 2.5 Baths \| 1502 Sq. Ft.	$366,170

Property information provided by NTREIS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 75407, TX

Sale history for 701 Parkplace Rdg

Tax history for 701 Parkplace Rdg

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 75407

Home values near 701 Parkplace Rdg

More real estate resources