If you’ve been searching for your next development project, this is one you won’t want to miss. Introducing an exceptional investment opportunity featuring six vacant townhome lots in a prime location within the highly sought-after Allen ISD. These lots are zoned for townhome development and offer a strong head start, with electrical and plumbing already completed on all six parcels. Located near a wide array of shopping, dining, parks, and entertainment options, the property is just minutes from Allen Premium Outlets and provides convenient access to US-75, making it an ideal location for future residents. Multiple parcel IDs are being sold together, combining six contiguous lots: 6A, 7A, 8A, 9A, 10A, and 11A. The individual addresses for each lot are 514, 516, 518, 520, 522, and 524 Toorpu Circle, Allen, TX 75002. Building on lots should commence within 6 months of purchase. Don’t let this rare development-ready opportunity pass you by.
Lot/land
$990,000
514 Toorpu Cir, Allen, TX 75002
--beds
--baths
0.34Acres
Improved Land
Built in ----
0.34 Acres Lot
$-- Zestimate®
$--/sqft
$200/mo HOA
What's special
Six contiguous lots
- 157 days |
- 52 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Nina Bhanot 0597345 972-834-6146,
Compass RE Texas, LLC 469-210-8288
Source: NTREIS,MLS#: 21135287
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 0.34 Acres
- Features: Corner Lot, Interior Lot, Subdivision, Subdivided, City Lot
Details
- Parcel number: R1173400A00601
- Zoning description: Residential Townhomes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
Community & HOA
Community
- Subdivision: Ashwood Creek Place
HOA
- Has HOA: Yes
- Services included: Association Management
- HOA fee: $200 monthly
- HOA name: Ashwood Creek Owners Association
- HOA phone: 469-655-5020
Location
- Region: Allen
Financial & listing details
- Tax assessed value: $117,000
- Annual tax amount: $1,572
- Date on market: 1/22/2026
- Cumulative days on market: 72 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2026 | Listed for sale | $990,000 |
Source: NTREIS #21135287 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,572 +19.9% | $88,704 +20% |
| 2024 | $1,311 +18.8% | $73,920 +20% |
| 2023 | $1,104 -9.7% | $61,600 |
| 2022 | $1,223 +14.1% | $61,600 +22.2% |
| 2021 | $1,072 -2.1% | $50,400 |
| 2020 | $1,094 +98.6% | $50,400 +101.6% |
| 2019 | $551 | $25,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75002
Nearby schools
GreatSchools rating
- 5/10Alton Boyd Elementary SchoolGrades: K-6Distance: 0.9 mi
- 10/10Ereckson Middle SchoolGrades: 7-8Distance: 2.6 mi
- 8/10Allen High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Boyd
- Middle: Ereckson
- High: Allen
- District: Allen ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Collin County
- Allen
- 75002
- 514 Toorpu Cir



