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$499,000

904 Parkplace Rdg, Princeton, TX, 75407

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths3,176 Sq Ft
DuplexDuplex
price_per_sqft$157.12 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size3,074 sqft

Building Information

Year Built2010
Stories2
Garage Spaces1

Land Information

APNR-9088-000-007A-1
Lot Number7A
SubdivisionParkview Heights (Cpn)
Land UseResidential
Legal DescriptionPARKVIEW HEIGHTS (CPN), LOT 7A; REPLAT
Census Tract031005
Assessed Land Value$60,000
Assessed Improvement Value$151,000
Assessment Year2026

About this property

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.

Investor Tools

$0Estimated Mortgage Balance
$211,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Arturo Rodriguez

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,877
$211,000
2026
$60,000
$151,000
$211,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,877
$211,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$211,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
12.2%

City: Princeton

904 Parkplace Rdg | Property Details | No Agent List