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Apartment Building with Updated Units
For Sale
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Pending

1600 East 15th Street, Plano, TX 75074

Two-story masonry property with centralized HVAC and hot water service across its 28-unit configuration.

Property SizeContact for details
Days on Market142

Property Features for 1600 East 15th Street

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Utilities to Site Yes

Building Details

Year Built 1960
Buildings 2
Construction masonry
Tenancy Multi
Listing Agency: Colliers - Dallas, Texas
Listed By: Todd Franks · License #TX 479935
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Dallas, Texas

Investment Insights

Based on property information with market context.

Built in 1960, this apartment property contains 28 units within a two-story masonry building beneath a pitched composition roof. The unit mix includes 27 two-bedroom, one-bath residences measuring 800 SF each and one one-bedroom, one-bath residence measuring 660 SF. A separate rear building houses laundry, maintenance, and mechanical functions.

Nine residences have been renovated with laminate wood flooring, granite kitchen countertops, travertine backsplashes, updated bathroom vanities and mirrors, and tile-enclosed showers. The property is master metered for utilities and operates with an All Bills Paid structure. Heating, ventilation, air conditioning, and hot water are supplied by a central chiller and boiler system.

The property is located at 1600 East 15th Street in Plano, approximately 1-mile east of I-75 and 1-mile north of the President George Bush Turnpike. It is within walking distance of Historic Downtown Plano and within 1-mile of ALDI, CVS Pharmacy, Home Depot, Olive Garden, Starbucks, Tom Thumb, Walgreens, and Wells Fargo. Richardson is 2-miles south, while the Greater Legacy Corridor is 9-miles away.

Key Highlights

  • 28 units: 27 two‑bedroom/one‑bath units at 800 SF and 1 one‑bedroom/one‑bath unit at 660 SF
  • 9 units updated with laminate flooring, granite countertops, travertine backsplashes, and renovated bathrooms
  • Built in 1960; two‑story masonry construction with a pitched composition roof

Property Analytics

Current Use

Courtyard Apartments Apartment Building

Suggested Use

Top Pick Catering Service Butcher Tanning Salon Restaurant Travel Agency (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,747
Businesses Nearby

Demographics for 75074, TX

53,003
Population
19,362
Households
2.7
Avg Household Size
35
Median Age
42%
College-Educated
85%
High-School Grad
16.0 sq mi
ZIP Area
3,313
Density / Sq Mi
$84,185
Median Household Income
$42,523
Median Earnings
$1,678
Median Rent
$347,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story masonry property with centralized HVAC and hot water service across its 28-unit configuration.
Where is this apartment building located?
The property is located at 1600 East 15th Street Plano, TX.
What are key features of this property?
This property features: 28 units: 27 two‑bedroom/one‑bath units at 800 SF and 1 one‑bedroom/one‑bath unit at 660 SF; 9 units updated with laminate flooring, granite countertops, travertine backsplashes, and renovated bathrooms; Built in 1960; two‑story masonry construction with a pitched composition roof
More about this property
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