1607 M Avenue Plano, TX $ 550,000
1607 M Avenue
$ 550,000
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1607 M Avenue

Plano, TX, 75074
$ 550,000
Bedrooms5 Baths5.0

Monthly Estimate*

$ 3,431

1607 M Avenue, Plano, TX 75074 - Image 1
1607 M Avenue, Plano, TX 75074 - Image 2
1607 M Avenue, Plano, TX 75074 - Image 3
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1607 M Avenue, Plano, TX 75074 - Image 5
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Multi-Family Home for sale in Plano, TX

for $550,000 with 5 bedrooms and 5 full baths. This home was built in 1946 on a lot size of 0.363.

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.

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Multi-Family Active

Price

$ 550,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 7,101

Style

Apartment

Lot Size

0.363

Year Built

1946

Town/City

Plano

County/Region

Collin

MLS | Web ID

21110022

Features
Interior
Interior Features High Speed Internet Available
Flooring Carpet Luxury Vinyl Plank
Total Units 5
Total Baths 0
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General
Heating Other
Complex Name 1607 M Ave
Cooling Window Unit(s)
Utilities City Sewer City Water
Possession Closing/Funding
Roof Composition
Appliances Electric Cooktop Electric Oven
School District Plano ISD
Pool Y/N 0
Year Built 1946
Levels One
Property Subtype Apartment
Subdivision Name Clint Forman Add
Occupant Type Tenant
County Collin
Property Type Residential Income
Construction Materials Brick Siding Wood
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions use GPS
City Plano
Elementary School Name Mendenhall
High School Williams
Elementary School Mendenhall
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Parking Features Carport Covered
Foundation Pillar/Post/Pier
Building Area Total 3008.00
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Internal Only
Street Number 1 1607
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* Excluded Features
List By
Shelley Wang

Listing Agent

Exp Realty

Broker

Affordability Calculator

$4,023
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$592
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3941445 Elementary School
287926 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2025$550,000 Listed Price

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1607 M Avenue, Plano, TX, 75074 is a Multi-Family Home for sale at $550,000 with a lot size of 0.363. 1607 M Avenue has 5 bedrooms, 5.0 baths, and was built in 1946. The property's zip code is 75074 which is in Plano, TX