Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1607 M Ave Plano, TX 75074

    New
    For Sale
    $550,000

    Apartment - Plano, TX

    Type:Apartment
    Lot size:
    0.36 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1607 M Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    APN
    R0160006004A1
    Parking
    10
    Parking features
    Carport, Covered
    Interior features
    High Speed Internet Available
    Appliances
    Cooktop, Cooktop - Electric
    Lot size
    0.36 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1946
    Floors in Building
    1
    Flooring type
    Carpet, Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    eXp Realty, LLC (888) 519-7431 [email protected]

    Listing agent Shelley Wang (888) 519-7431 License #0613387

    Listing date Dec 4, 2025

    MLS# 21110022 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Plano 5-Plex Investment Opportunity

    This is a 5-plex located in Plano, Texas, presenting an investment opportunity. The property is fully occupied and generating cash flow. There is potential for increased net profit through renovations. The rental market in the area is stable and expected to strengthen due to nearby development projects, including the redevelopment of the Collin Creek Mall district. Situated on over one-third of an acre (0.363 acres), the property offers room for potential expansion with an open area at the rear. The property is being sold AS-IS, and the seller is seeking a quick close.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plano
    County
    Collin
    State
    Texas
    Longitude
    -96.696679
    Latitude
    33.022005

    Nearby Similar for Sale

    • New
      $510,000
      3,166 SF

      Plano Duplex Investment Opportunity

      Full duplex in Plano with investment and living flexibility.
      1801 Camelot Cv, Plano, TX 75074
      View Details
    • $5,920,000
      1.34 Acres

      West Plano Freestanding Office Building

      Two-story office building in prime West Plano location.
      5808 W Plano Pkwy, Plano, TX 75093
      View Details
    • $1,100,000
      0.30 Acres

      Modern Office Asset in Plano

      Contemporary office building in Plano, TX, designed for efficiency.
      1805 K Ave, Plano, TX 75074
      View Details
    • New
      $1,590,000
      0.55 Acres

      Freestanding Office Building in Plano

      Two-story office building near US-75 with flexible commercial zoning.
      812 Lexington Dr, Plano, TX 75075
      View Details
    • $2,300,000
      0.66 Acres

      Office Building in Plano, TX

      Spacious office building suitable for title, law, or real estate.
      5212 Vlg Crk Dr Dr, Plano, TX 75093
      View Details
    • $550,000
      0.18 Acres

      Premium Flex Space in Plano

      Luxury flex space designed for car collectors and small businesses.
      6472 W Plano Pkwy, Plano, TX 75093
      View Details

    FAQs

    What type of property is this?
    Apartment building - Fully occupied 5-plex in Plano with renovation upside.
    Where is this apartment building located?
    The property is located at 1607 M Ave Plano, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Strong cash flow from a fully occupied 5-plex in Plano.; - Significant upside potential through renovations.; - Large lot (over one-third acre) with room for expansion.
    (888) 519-7431
    Request Owner's contact information
    1607 M Ave Plano, TX 75074
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1607 M Ave
    Plano, TX 75074
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1607 M Ave Plano, TX 75074
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.