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Renovated Duplex in Prime Plano

1721 R Avenue Plano, TX 75074

1721 R Avenue, Plano, TX, 75074

$457,500

For Sale

$457,500

Turnkey duplex with two units, ideal for owner-occupants or investors.

Property Size1,802 SF

Price / SF$253.88

AddedFeb 2

Days on Market164

Last RefreshJul 15 at 6:13 pm

Property Features for 1721 R Avenue

General Information

Standard status: Active
Size: 1,802 SF
Property subtype: Multi-Family / Full Duplex

Building Details

Year Built: 1963

Listing office BK Real Estate

Listing date Feb 2, 2026

Source Compass

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 BK Real Estate

Investment Insights

Based on property information with market context.

This renovated duplex is located in Plano, Texas. The property features two units, each with 2 bedrooms and 2 full bathrooms. The renovation included new kitchen cabinets, quartz countertops, stainless steel appliances, white oak flooring, energy-efficient windows, a 30-year roof, custom tile work in the bathrooms, updated lighting and fixtures, and fresh interior and exterior paint. The backyard is fully fenced. Both units are vacant, offering opportunities for owner-occupancy or immediate rental income. The property is located in a strong rental market with major employers such as AT&T. The property size is 1802 square feet.

Key Highlights

Fully renovated duplex featuring two 2‑bedroom, 2‑bathroom units.
Turnkey property, ready for immediate occupancy or rental income.
Located in highly desirable Plano, a strong rental market.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$46.5k	$25.80
− Vacancy	−$5.0k	−$2.77
EGI	$41.5k	$23.03
− OpEx	−$12.5k	−$6.91
NOI	$29.1k	$16.12

1,802 SF · lease $25.80/SF/yr · vacancy 10.73% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$415.0K

$363.2K – $484.2K (±1% cap)

NOI $29,052 @ 7.0% cap · market cap 6.35%

Second Best

Apartment 5plus

$381.3K

$333.6K – $444.8K (±1% cap)

NOI $26,690 @ 7.0% cap · market cap 5.83%

Theoretical Best

—

same as Best Use

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Duplexes
TX
Plano
75074
1721 R Avenue

What type of property is this?

Duplex - Turnkey duplex with two units, ideal for owner-occupants or investors.

Where is this duplex located?

The property is located at 1721 R Avenue Plano, TX.

What is the asking price?

The asking price for this property is $457,500.

What are key features of this property?

This property features: Fully renovated duplex featuring two 2‑bedroom, 2‑bathroom units.; Turnkey property, ready for immediate occupancy or rental income.; Located in highly desirable Plano, a strong rental market.