Seller's Agent in 2025
Shelley Wang
EXP REALTY
(469) 964-2474
1 in this area
72 Total Sales
Last list price
1607 M Ave Plano, TX 75074
Armstrong Park Neighborhood
--
Bed
--
Bath
3,008
Sq Ft
0.36
Acres
Highlights
- 0.36 Acre Lot
- 1-Story Property
- High Speed Internet
- Otto Middle School Rated A
- Luxury Vinyl Plank Tile Flooring
- Wood Siding
About This Home
As of December 2025Open 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.
Last Agent to Sell the Property
EXP REALTY Brokerage Phone: 469-964-2474 License #0613387 Listed on: 11/11/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $7,101
Year Built
- Built in 1946
Parking
- Carport
Home Design
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Composition Roof
- Wood Siding
Kitchen
- Electric Oven
- Electric Cooktop
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Schools
- Mendenhall Elementary School
- Otto Middle School
- Williams High School
Utilities
- Window Unit Cooling System
- High Speed Internet
Additional Features
- 1-Story Property
- 0.36 Acre Lot
Listing and Financial Details
- Legal Lot and Block 4A / 6
- Assessor Parcel Number R0160006004A1
Community Details
Overview
- 5 Units
- 3,008 Sq Ft Building
- Clint Forman Add Subdivision
Building Details
- Gross Income $49,200
- Net Operating Income $28,200
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2025 12/22/25 | Sold | -- | -- | -- |
| 12/11/2025 12/11/25 | Pending | -- | -- | -- |
| 11/11/2025 11/11/25 | For Sale | $550,000 | -- | $183 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,001 | $415,800 | $284,544 | $131,256 |
| 2024 | $7,001 | $414,114 | $252,928 | $161,186 |
| 2023 | $7,001 | $404,815 | $237,120 | $167,695 |
| 2022 | $7,386 | $386,519 | $221,312 | $165,207 |
| 2021 | $7,570 | $375,414 | $221,312 | $154,102 |
| 2020 | $5,092 | $249,383 | $126,464 | $122,919 |
| 2019 | $5,311 | $245,733 | $94,848 | $150,885 |
| 2018 | $5,337 | $244,862 | $94,848 | $150,014 |
| 2017 | $4,561 | $209,238 | $79,040 | $130,198 |
| 2016 | $4,606 | $208,675 | $79,040 | $129,635 |
| 2015 | $4,472 | $198,600 | $79,040 | $119,560 |
Source: Public Records
Agents Affiliated with this Home
-
Shelley Wang
-
Chenchi Kuriakose
C
Buyer's Agent in 2025
Chenchi Kuriakose
Stride Real Estate, LLC
(214) 232-4587
1 in this area
39 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21110022
APN: R-0160-006-004A-1
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