- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$1,975,000
Monthly Est:$9,830
24 Beds
24 Baths12 full baths + 12 half baths
12,300sqft
1509 F Ave #12, Plano, TX 75074
$1,975,000
$9,830/moEst:
Get Pre-Approved
Apartment
Built in 1970
$-- HOA
0.75 acre lot
$161/sq.ft
Description
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.
*** Please review and follow instruction in submitting an offer TransactionDesk
- Houzeo last checked: 9 hours ago
- Listing updated: October 5, 2026 at 1:52 am
- Listing Provided by: Nathan Malka (214) 418-4335 | Central Metro Realty (512) 454-6873
- Source: NTREIS MLS-TX | MLS#: 21283739
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1970
HOA Fees
-
Finished Area
12,300 sqft
Lot Size
0.75 acre lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21283739
MLS Status
Pending
Cumulative Days on Market
105
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 24
Bathrooms: 24
Interior
Heating
Electric
Appliances
Electric Cooktop, Refrigerator
Window Features
Window Coverings
Interior Features
Eat In Kitchen
Flooring
Ceramic Tile, Laminate
Cooling
Central Air, Ceiling Fans, Electric
Exterior Features
Other
Sewer
Public Sewer
Construction
Year Built
Year Built: 1970
Home type
Apartment
Property Condition
Resale
Foundation Details
Slab
Construction Materials
Brick
Roof
Flat, Tar Gravel
Utilities & Energy
Pool Features
None
Parking Features
Assigned, Asphalt
Security Features
Other
Utilities
Electricity Connected, Sewer Available, Water Available
Fireplace Features
None
Water Source
Public
Other Features
Disclosures
Other
Patio And Porch Features
Other
Community Features
Other
Subdivision Name
Hood Miller
Price History
| Date | Event | Price |
|---|---|---|
10/04/2026 Source: | Pending | $1,975,000 $161/sqft |
08/10/2026 Source: | Contingent (Active Under Contract) | $1,975,000 -9.80% $161/sqft |
07/07/2026 Source: #21283739 | Price Decreased | $2,189,500 -2.65% $178/sqft |
05/28/2026 Source: | Price Increased | $2,249,000 +2.72% $183/sqft |
05/28/2026 Source: | Listed for Sale | $2,189,500 $178/sqft |
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Based on information from the North Texas Real Estate Information Systems, Inc., through Oct 09, 2026, 02:30PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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