Renovated Duplex in Prime
1729 R Avenue Plano, TX 75074
1729 R Avenue, Plano, TX, 75074
$457,500
Pending
For Sale
$457,500
Pending
Turnkey duplex with renovated units, ideal for owner-occupants or investors.
Property Size1,802 SF
Days on Market155
Property Features for 1729 R Avenue
General Information
- Standard status
- Pending
- Size
- 1,802 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1963
Listing Agency
BK Real Estate
(214) 833-8403
Listed by
Harrison Sharp · License #0735232
(214) 833-8403
Source
Compass
Added: Feb 13 Checked: Jul 10 at 12:12 pm
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 and features two units, each with 2 bedrooms and 2 full bathrooms. The property is suitable for both owner-occupants and investors. The renovation included new kitchen cabinets, quartz countertops, stainless steel appliances, white oak flooring, energy-efficient windows, a new 30-year roof, custom tile work in the bathrooms, updated lighting and fixtures, fresh interior and exterior paint, and a fully fenced backyard. Both units are vacant, offering the opportunity to house-hack or lease both units for rental income. The property is located in a strong rental market with major employment drivers such as AT&T relocating headquarters operations to Plano, offering long-term upside and minimal maintenance.
Key Highlights
- Fully renovated duplex in highly desirable Plano location.
- Two vacant units, each with 2 bedrooms and 2 full bathrooms, ideal for owner‑occupancy or immediate rental income.
- Turnkey property with new kitchen cabinets, quartz countertops, stainless steel appliances, white oak flooring, and energy‑efficient windows.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| 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
NOI $29,052 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$381.3K
$333.6K – $444.8K
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
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey duplex with renovated units, ideal for owner-occupants or investors.
Where is this duplex located?
The property is located at 1729 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 in highly desirable Plano location.; Two vacant units, each with 2 bedrooms and 2 full bathrooms, ideal for owner‑occupancy or immediate rental income.; Turnkey property with new kitchen cabinets, quartz countertops, stainless steel appliances, white oak flooring, and energy‑efficient windows.
