1607 M Ave Plano, TX 75074
Armstrong Park NeighborhoodEstimated payment $5,945/month
Highlights
- Very Popular Property
- 0.36 Acre Lot
- Bay Window
- Otto Middle School Rated A
- Lawn
- 1-Story Property
About This Home
Fully renovated five-unit multifamily investment opportunity in Plano, Texas, situated on approximately 0.36 acres. This property has been extensively rebuilt and renovated from the framing, with major improvements including new flooring, ceilings, kitchens, cabinetry, bathrooms, appliances, and a Class 3 impact-resistant roof. Offering approximately 3,008 square feet, the property is in turnkey condition and positioned for strong long-term investment potential. Conveniently located near the major Collin Creek Mall redevelopment and other area improvements. A large open area at the rear of the property may provide potential for additional multifamily expansion or other future development, subject to zoning, permitting, and City of Plano approval. Short-term rental use may also be possible, subject to applicable laws and regulations. Buyer to independently verify all development, zoning, rental, and use possibilities.
Listing Agent
Stride Real Estate, LLC Brokerage Phone: 469-329-0962 License #0647227 Listed on: 08/29/2026
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $7,101
Year Built
- Built in 1946
Lot Details
- 15,812 Sq Ft Lot
- Wood Fence
- Lawn
- Back Yard
Home Design
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Composition Roof
- Wood Siding
- Concrete Siding
Interior Spaces
- 1-Story Property
- Bay Window
- Luxury Vinyl Plank Tile Flooring
- Fire and Smoke Detector
- Electric Range
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Parking
- 4 Detached Carport Spaces
- Driveway
- Additional Parking
Schools
- Mendenhall Elementary School
- Otto Middle School
- Williams High School
Utilities
- Central Air
- Heating Available
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 $84,000
- Net Operating Income $70,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,101 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/29/2026 08/29/26 | For Sale | $975,000 | +77.3% | $324 / Sq Ft | |
| 12/22/2025 12/22/25 | Sold | -- | -- | -- | View Prior Sale |
| 12/11/2025 12/11/25 | Pending | -- | -- | -- | |
| 11/11/2025 11/11/25 | For Sale | $550,000 | -- | $183 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Listed On Document | |
| Vendors Lien | -- | Republic Title Of Texas | |
| Interfamily Deed Transfer | -- | None Available | |
| Vendors Lien | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $245,000 | Purchase Money Mortgage | |
| Previous Owner | $450,000 | Commercial |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21372706
APN: R-0160-006-004A-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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