For sale

$975,000

1607 M Ave, Plano, TX 75074

5beds

3,008sqft

$6,918/mo

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Multi Family, Apartment

Built in 1946

-- sqft lot

$-- Zestimate^®

$324/sqft

$-- HOA

What's special

New flooringFully renovated

Fully renovated five-unit multifamily investment opportunity in Plano, Texas, situated on approximately 0.36 acres. This property has been extensively rebuilt and renovated from the framing, with major improvements including new flooring, ceilings, kitchens, cabinetry, bathrooms, appliances, and a Class 3 impact-resistant roof. Offering approximately 3,008 square feet, the property is in turnkey condition and positioned for strong long-term investment potential. Conveniently located near the major Collin Creek Mall redevelopment and other area improvements. A large open area at the rear of the property may provide potential for additional multifamily expansion or other future development, subject to zoning, permitting, and City of Plano approval. Short-term rental use may also be possible, subject to applicable laws and regulations. Buyer to independently verify all development, zoning, rental, and use possibilities.

3 days
200
9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 5

Heating

Electric

Cooling

Central Air

Appliances

Included: Electric Range

Features

Other
Flooring: Luxury Vinyl Plank
Windows: Bay Window(s)
Has basement: No

Interior area

Total structure area: 3,008
Total interior livable area: 3,008 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 10
Parking features: Additional Parking, Asphalt, Detached Carport, Driveway
Carport spaces: 4

Features

Levels: One
Stories: 1
Pool features: None
Fencing: Wood

Lot

Size: 0.36 Acres
Features: Back Yard, Lawn

Details

Parcel number: R0160006004A1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick, Concrete, Wood Siding
Foundation: Pillar/Post/Pier
Roof: Composition

Condition

Resale
Year built: 1946

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available

Community & HOA

Community

Security: Fire Alarm, Other
Subdivision: Clint Forman Add

HOA

Has HOA: No

Location

Region: Plano

Financial & listing details

Price per square foot: $324/sqft
Tax assessed value: $415,800
Annual tax amount: $7,101
Date on market: 8/29/2026
Listing terms: Cash,See Agent

Estimated market value

Not available

Estimated sales range

Not available

$1,740/mo

Price history

Date	Event	Price
8/29/2026	Listed for sale	$975,000+77.3%$324/sqft
Source: NTREIS #21372706 Report a problem
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