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Do Real Estate on the Go!
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$2,189,500
24 Beds
24 Baths12 full baths + 12 half baths
12,300sqft
1509 F Ave #12, Plano, TX 75074
$2,189,500
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Apartment
Built in 1970
$-- HOA
0.75 acre lot
$178/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 enhancement...
- Houzeo last checked: 57 minutes ago
- Listing updated: July 7, 2026 at 11:12 pm
- Listing Provided by: Nathan Malka (214) 418-4335 | Central Metro Realty (512) 454-6873
- Source: NTREIS MLS-TX | MLS#: 21283739
Property Details
Status
Active
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
Active
Cumulative Days on Market
54
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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New York State Fair Housing Notice.
