1509 F. Avenue, Plano, Texas 75074

  • 1970
  • 24
  • 24

Apartment For Sale

$1,975,000
PendingListing ID #21283739
Basic Details
Residential Income
Pending
21283739
1970
$1,975,000
0.75
12,300 Sqft
24
24
Property Description

EXECUTIVE SUMMARY
This offering presents the acquisition of a well-located 12-unit multifamily property in Downtown Plano, one of the most active and supply-constrained submarkets in North Texas.
The asset provides stable in-place income supported by long-term tenancy (5+ year average stay), combined with a clear and achievable rent growth strategy. Current rents are below market for comparable unit sizes, creating an immediate opportunity to increase revenue through gradual repositioning and operational improvements.
The property has undergone key capital improvements, including roof replacement, upgraded flooring, energy-efficient windows, and parking lot enhancements, significantly reducing near-term capital expenditure risk.
At an attractive investment positioned below replacement cost in a high-demand location with strong fundamentals, including walkability, public transit access, and proximity to major employment centers.

*** Please review and follow instruction in submitting an offer TransactionDesk

Features
Brick
Flat, Tar/gravel
Wood
Other
Electric
Central Air, Electric, Ceiling Fan(s)
Sewer Available, Water Available, Electricity Connected
Eat-in Kitchen
Other
Accessible Bedroom, Accessible Full Bath
Public Sewer
Asphalt, Assigned
Neighborhood
Mendenhall
Bowman
Williams
Plano ISD
Additional Information
Apartment
12
Nathan Malka
Central Metro Realty
Address Map
1509
F. Avenue
12
HOOD - MILLER
Plano
TX
75074
Collin
Texas / Collin / Plano
    sqbbsiu2t1s9lq572yun © 2026 North Texas Real Estate Information Systems, Inc.
    Data last updated: 10/12/2026 6:30 PM
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    Walkscore

    Apartment For Sale

    $1,975,000
    PendingListing ID #21283739
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