1607 M Avenue, Plano, TX 75074

Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
1607 M Avenue,Plano, TX 75074
$550,000
  • - Beds
  • - Baths
  • 3,008 sq. ft.
  • Multi-family
  • Active
Listed by: shelley wang469-964-2474
Office: exp realty
MLS#:21110022
Source:GDAR

Price summary

  • Price:$550,000
  • Price per sq. ft.:$182.85

About this home

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.

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Home facts

  • Year built:1946
  • Listing ID #:21110022
  • Added:1 day(s) ago
  • Updated:December 02, 2025 at 06:23 AM

Rooms and interior

  • Living area:3,008 sq. ft.

Heating and cooling

  • Cooling:Window Units

Structure and exterior

  • Roof:Composition
  • Year built:1946
  • Building area:3,008 sq. ft.
  • Lot area:0.36 Acres

Schools

  • High school:Williams
  • Middle school:Otto
  • Elementary school:Mendenhall

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$182.85
  • Tax amount:$7,101
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated December 2, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Rhodes Realty.