1509 F. Avenue # 12 Plano, TX $ 2,249,000
1509 F. Avenue # 12
$ 2,249,000
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1509 F. Avenue # 12

Plano, TX, 75074
$ 2,249,000
Bedrooms24 Baths12.12 Sq 12,300

Monthly Estimate*

$ 13,847

1509 F. Avenue # 12, Plano, TX 75074 - Image 1
1509 F. Avenue # 12, Plano, TX 75074 - Image 2
1509 F. Avenue # 12, Plano, TX 75074 - Image 3
1509 F. Avenue # 12, Plano, TX 75074 - Image 4
1509 F. Avenue # 12, Plano, TX 75074 - Image 5
1509 F. Avenue # 12, Plano, TX 75074 - Image 6
1509 F. Avenue # 12, Plano, TX 75074 - Image 7
1509 F. Avenue # 12, Plano, TX 75074 - Image 8
1509 F. Avenue # 12, Plano, TX 75074 - Image 9

Multi-Family Home for sale in Plano, TX

for $2,249,000 with 24 bedrooms and 12 full baths, 12 half baths. This 12,300 square foot home was built in 1970 on a lot size of 0.75.

EXECUTIVE SUMMARY This offering presents the acquisition of a well-located 12-unit multifamily property in Downtown Plano, one of the most active and supply-constrained submarkets in North Texas. The asset provides stable in-place income supported by long-term tenancy (5+ year average stay), combined with a clear and achievable rent growth strategy. Current rents are below market for comparable unit sizes, creating an immediate opportunity to increase revenue through gradual repositioning and operational improvements. The property has undergone key capital improvements, including roof replacement, upgraded flooring, energy-efficient windows, and parking lot enhancements, significantly reducing near-term capital expenditure risk. At an attractive investment positioned below replacement cost in a high-demand location with strong fundamentals, including walkability, public transit access, and proximity to major employment centers.

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Multi-Family Active

Price

$ 2,249,000

Bedrooms

24

Full Bath

12

Half Bath

12

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.75

Year Built

1970

Town/City

Plano

County/Region

Collin

MLS | Web ID

21283739

Features
Interior
Interior Features Eat-in Kitchen
Flooring Ceramic Tile Laminate
Occupancy Rate 100
Total Units 12
Half Baths 12
Total Bedrooms 24
Total Baths 24
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General
Heating Electric
Complex Name NO NAME
Cooling Ceiling Fan(s) Central Air Electric
Utilities City Sewer City Water Electricity Connected Master Water Meter
Possession Closing/Funding
Roof Flat Tar/Gravel
Appliances Electric Cooktop Refrigerator
School District Plano ISD
Pool Y/N 0
Year Built 1970
Community Features Other
Levels One
Unit Number 12
Property Subtype Apartment
Subdivision Name HOOD - MILLER
Accessibility Features Accessible Bath - Full Accessible Bedroom
County Collin
Property Type Residential Income
Construction Materials Brick
Year Built Details Preowned
HOA Type None
Special Notes Other
# of Buildings 3
Full Baths 12
Status Active
Directions North on 75 Expressway turn right on 15th street and left on F. Ave
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
Exterior Features Other
Fencing Wood
Lot Size Source Appraiser
Parking Features Asphalt Assigned
Foundation Slab
Building Area Total 12300.00
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Internal Only
Street Number 1 1509
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* Excluded Features
List By
Nathan Malka

Listing Agent

Central Metro Realty

Broker

Affordability Calculator

$13,847
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,847
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/28/2026$2,249,000 Listed Price

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1509 F. Avenue # 12, Plano, TX, 75074 is a Multi-Family Home for sale at $2,249,000 with 12,300 sqft and a lot size of 0.75. 1509 F. Avenue # 12 has 24 bedrooms, 12.12 baths, and was built in 1970. The property's zip code is 75074 which is in Plano, TX