Open showing Friday Dec 5th from 2pm to 4pm. Fantastic investment opportunity in the heart of Plano! This rare 5-plex is fully occupied and currently generating strong cash flow. Even better, there is significant upside potential through renovations that could substantially increase net profit. The rental market in this area is stable and expected to strengthen with nearby development projects, including the major redevelopment of the Collin Creek Mall district. Situated on over one-third of an acre, the property offers ample room for potential expansion with a large open area at the rear. The possibilities are endless! Property is being sold AS-IS, and the seller is seeking a quick close.
Sold
Price Unknown
1607 M Ave, Plano, TX 75074
--beds
--baths
3,008sqft
Multi Family, Apartment
Built in 1946
-- sqft lot
$-- Zestimate®
$--/sqft
$2,245 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,245/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Shelley Wang 0613387 469-964-2474,
EXP REALTY 888-519-7431
Bought with:
Chenchi Kuriakose
Stride Real Estate, LLC
Source: NTREIS,MLS#: 21110022
Facts & features
Interior
Heating
- Other
Cooling
- Window Unit(s)
Appliances
- Included: Electric Cooktop, Electric Oven
Features
- High Speed Internet
- Flooring: Carpet, Luxury Vinyl Plank
Interior area
- Total structure area: 3,008
- Total interior livable area: 3,008 sqft
Property
Parking
- Total spaces: 10
- Parking features: Covered, Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.36 Acres
Details
- Parcel number: R0160006004A1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick, Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & neighborhood
Location
- Region: Plano
- Subdivision: Clint Forman Add
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2025 | Sold | -- |
Source: NTREIS #21110022 Report a problem | ||
| 12/11/2025 | Pending sale | $550,000$183/sqft |
Source: NTREIS #21110022 Report a problem | ||
| 12/1/2025 | Listed for sale | $550,000+37.5%$183/sqft |
Source: NTREIS #21110022 Report a problem | ||
| 3/2/2020 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 12/24/2019 | Pending sale | $400,000$133/sqft |
Source: East Plano Realty, LLC #14217141 Report a problem | ||
| 11/1/2019 | Listed for sale | $400,000$133/sqft |
Source: East Plano Realty, LLC #14217141 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,101 +1.4% | $415,800 +0.4% |
| 2024 | $7,001 +0.2% | $414,114 +2.3% |
| 2023 | $6,987 -5.4% | $404,815 +4.7% |
| 2022 | $7,386 -32.1% | $386,519 +3% |
| 2021 | $10,872 +30.4% | $375,414 +50.5% |
| 2020 | $8,338 +66.2% | $249,383 +1.5% |
| 2019 | $5,017 -5.2% | $245,733 +0.4% |
| 2018 | $5,292 +14.9% | $244,862 +17% |
| 2017 | $4,606 | $209,238 +0.3% |
| 2016 | $4,606 +3% | $208,675 +5.1% |
| 2015 | $4,472 | $198,600 +0.1% |
| 2014 | $4,472 | $198,435 -15.5% |
| 2013 | -- | $234,725 -0.6% |
| 2012 | -- | $236,188 +5.6% |
| 2011 | -- | $223,758 +67.5% |
| 2010 | -- | $133,589 -0.4% |
| 2009 | -- | $134,067 -0.3% |
| 2008 | -- | $134,456 +15.6% |
| 2007 | -- | $116,340 +10.9% |
| 2006 | -- | $104,930 +0.3% |
| 2005 | -- | $104,591 |
| 2004 | -- | $104,591 |
| 2003 | -- | $104,591 -0.2% |
| 2002 | -- | $104,772 +4.2% |
| 2001 | -- | $100,572 +4.8% |
| 2000 | -- | $96,009 |
Find assessor info on the county website
Neighborhood: Old Towne
Nearby schools
GreatSchools rating
- 5/10Mendenhall Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Bowman Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Williams High SchoolGrades: 9-10Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Mendenhall
- Middle: Otto
- High: Williams
- District: Plano ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Collin County
- Plano
- 75074
- Old Towne
- 1607 M Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
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