Excellent investment opportunity in Princeton, TX! This duplex offers a total of 8 bedrooms, 4 full bathrooms and 2 half bathrooms, with each unit featuring 4 bedrooms, 2 full baths, 1 half bath and an attached garage. Unit 904 is currently tenant occupied at $1,800 per month. Unit 906 is also listed for lease at $1,700 per month, with active marketing underway to secure a tenant. Once both units are leased at these rates, the property would generate $3,500 in monthly gross rental income, or $42,000 annually. Property features spacious floor plans, tile flooring throughout the main living areas, updated flooring upstairs, kitchens with ample cabinetry and counter space, and generous living spaces. Located in an established Princeton neighborhood with a neighborhood park and NO HOA, NO MUD and NO PID. Convenient access to local schools, shopping and major roadways. A great opportunity for an investor seeking a multifamily property with existing rental income and additional income potential. Please do not disturb tenants. Showings by appointment only. Buyer and buyer’s agent to verify all information, measurements, schools, leases, occupancy status and rental information.
DUPLEX FOR SALE IN PRINCETON. 100% LEASED AND BUILT IN 2010 THIS IS AN EXCELLENT INVESTMENT OPPORTUNITY. EACH UNIT IS APPROX. 1,649 SQ. FT. (PER BUILDING PLAN) AND CONTAIN 4 BEDROOMS AND 2.5 BATHROOMS. PROPERTY FEATURES:GREAT FLOOR PLAN, TILE & CARPET FLOORS, DECORATIVE FIXTURES, NEUTRAL PAINT COLORS, LOW E WINDOWS, CUSTOM CABINTRY & GARAGES. BUYERS TO VERIFY MEASUREMENTS AND SCHOOLS.
Public Records
Jan 26, 2010
Sold
*
Year
Property tax
Land + Additions
Assessment*
2026
$3,963 (−0.5%)
$60,000 + $151,000
$211,000
2025
$3,983 (−11.2%)
$60,000 + $152,102
$212,102
2024
$4,486 (+3.2%)
$60,000 + $172,931
$232,931
2023
$4,345 (+5.1%)
$50,000 + $175,352
$225,352
2022
$4,135 (+11.6%)
$45,000 + $142,000
$187,000
2021
$3,706 (−4.9%)
$35,000 + $125,301
$160,301
2020
$3,897 (−1.4%)
$35,000 + $129,115
$164,115
2019
$3,951 (+0.3%)
$35,000 + $123,000
$158,000
2018
$3,941 (+24.7%)
$35,000 + $118,311
$153,311
2017
$3,162 (+10.6%)
$25,000 + $97,457
$122,457
2016
$2,859 (+13.3%)
$25,000 + $97,457
$122,457
2015
$2,523 (+7.0%)
$25,000 + $85,000
$110,000
2014
$2,359 (+4.7%)
$15,000 + $73,734
$88,734
2012
$2,254 (−12.8%)
$15,000 + $72,198
$87,198
2011
$2,584 (+576.3%)
$15,000 + $72,936
$87,936
2010
$382
2009
$382
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,075 Sq. Ft.
Year renovated
2010
Finished Sq. Ft.
1,388
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,388
Year built
2010
Style
Multi-Family (2-4 Unit)
County
Collin County
APN
R-9088-000-007A-1
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 2, 2026.
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
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, 23 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
Redfin Estimate for 904 Parkplace Rdg
$498,339
$661 under list price of $499K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $354K to $465K.