TURNKEY INVESTMENT OPPORTUNITY. Tenants in place in this 3 bedroom, 2.5 bath, 1582 sq ft each side duplex in Princeton just 9 miles east of McKinney. Stained concrete floors in LA and Kitchen for easy maintenance. Close to Lake Lavon, small-town country living with great access to the city of McKinney. Room for rent increase with next lease signing. MULTIPLE OFFERS RECEIVED. Highest and best by 7pm, Sunday, 1-25-15. Submit w form in docs.
*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
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
3,826
Year renovated
2008
Sq. Ft.
1,654
Year built
2008
Style
Multi-Family (2-4 Unit)
County
Collin County
APN
R-9088-000-009A-1
Parking Spaces
2
Basement
—
Accessible
—
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Jan 29, 2025.
TF
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 & Garage
# of Parking Spaces: 2
Attached
Interior
Bathroom Information
# of Baths (1/2): 2
# of Baths (Full): 4
Interior Features
Window Coverings
Flooring: Carpet, Concrete, Vinyl
Heating & Cooling
Central A/C (Electric), Central Heat (Electric)
Multi-Unit Information
# of Units: 2
# of Units: 1
Capitalization Rate: 10.58
Gross Annual Expenses: $2,818
Gross Annual Income: $23,880
Insurance Expense: $1,018
Net Annual Income: $21,062
Occupancy Rate: 100
Total Annual Expenses Include: Insurance, Management
Unit Type 1 Information
Sq. Ft.: 1,582
# of Baths (Full): 2
# of Baths (1/2): 1
# of Bedrooms: 3
Master Bedroom Dimensions: 1
Master Bedroom Width: 1
Dining Area Dimensions: 1
Dining Area Width: 1
Kitchen Dimensions: 1
Kitchen Width: 1
Living Area Dimensions: 1
Living Area Width: 1
Lease: 995
# of Units: 2
Exterior
Building Information
Pre-Owned
# of Buildings: 1
Building Area Source: Appraiser
Foundation: Slab
Exterior Features
Covered Porch(es), Sprinkler System
Roof: Composition
Exterior Construction: Brick, Siding
Fencing: Wood
Property Information
Tenancy: 6 Months or Less, 9 Months or Less
Property Features
# of Stories: 2
Dishwasher, Disposal, Range/Oven (Electric)
Security Features: Smoke Detector
Lot Information
Block: Replat
Lot Number: 9A&B
Features: Interior Lot, Landscaped, Subdivision
Size: 0-.5 Acre
Lot Size Units: Acres
Area: 0.090
Area Sq. Ft.: 3,920.4
Multi-Parcel
Parcel Number: R9088000009A1
Financial
Tax Information
Tax Legal Description: PARKVIEW HEIGHTS (CPN), LOT 9A, REPLAT
Financial Information
Financing Proposed: Cash, Conventional, FHA, VA
Utilities
Utility Information
City Sewer, City Water, Curbs, Individual Water Meter
Green Features
Ceiling Fans
Location
School Information
Elementary School Name: Godwin
Intermediate School Name: Huddleston
Junior High School Name: Clark
High School Name: Princeton
School District: Princeton ISD
Location Information
Subdivision Name: Parkview Heights
Complex Name: Duplex
Directions: Hwy 380 East from McKinney approx. 8.5 miles to 4th. N. on 4th, follow curve to College, rt on College, rt on Parkway Trail, Rt on Parkplace Ridge
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 1,654
Stories: 2.0
Parking Spaces: 2
Basement: No
Accessible: No
Lot Size: 3,826 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 2008
Year Renovated: 2008
County: Collin County
APN: R-9088-000-009A-1
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Jan 29, 2025
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
4% 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)
54
33
64
41
76
53
77
59
83
64
90
74
95
76
94
74
90
68
85
61
72
51
61
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 5.4 hours in December, placing it above the
U.S. average for solar exposure.
9.9 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$426,000 – $516,000
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