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$990,000 Just Listed
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Property Description
If you've been searching for your next development project, this is one you won't want to miss. Introducing an exceptional investment opportunity featuring six vacant townhome lots in a prime location within the highly sought-after Allen ISD. These lots are zoned for townhome development and offer a strong head start, with electrical and plumbing already completed on all six parcels. Located near a wide array of shopping, dining, parks, and entertainment options, the property is just minutes from Allen Premium Outlets and provides convenient access to US-75, making it an ideal location for future residents. Multiple parcel IDs are being sold together, combining six contiguous lots: 6A, 7A, 8A, 9A, 10A, and 11A. The individual addresses for each lot are 514, 516, 518, 520, 522, and 524 Toorpu Circle, Allen, TX 75002. Building on lots should commence within 6 months of purchase. Don't let this rare development-ready opportunity pass you by.
Full Property Details
Full Property Details for 514 Toorpu Cir
General
- Price: $990,000
- HOA FEE: $200/month
- Taxes: $1,572
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21135287
- Updated: 1/23/2026
- Added to Site: 6 day(s) ago
Location
- County: Collin
- Subdivision: Ashwood Creek Place
- Driving Directions: From 75 exit and go east on McDermott, south on Greenville, turn left on Ellis St then right onto Toorpu Circle.
School Information
- Elem School District: Allen ISD
- Midd School District: Allen ISD
- High School District: Allen ISD
- Elementary School: Boyd
- Middle School: Ereckson
- High School: Allen
Community
- Association: Yes
- Assoc. Name: Ashwood Creek Owners Association
- Assoc. Fees Include: Association Management
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
Lot Features
- Lot Size (Acres): 0.344
- Lot Size (Sq. Ft.): 14,984.64
- Lot Size Source: Public Records
- Lot Features: Corner Lot, Interior Lot, Subdivision, Subdivided, City Lot
- Development Status: Streets Installed, Zoned
- Potential Use: Residential
- Zoning: Residential Townhomes
Financial Considerations
- Association Fee: $200
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,572
Disclosures and Reports
- Legal Description: ASHWOOD CREEK PLACE (CAL), BLOCK A, LOT 6
- Property ID: R1173400A00601
- Block: A
- Lot Number: 6
Listed by Compass RE Texas, LLC, Nina Bhanot
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Schools
Schools serving 514 Toorpu Cir
School District:Allen Independent School District
| Name | Grades | Distance |
|---|---|---|
Alton Boyd Elementary School 800 South Jupiter Road, Allen, TX 75002 | K-6 | 0.9 mi |
Ereckson Middle School 450 Tatum Drive, Allen, TX 75013 | 7-8 | 2.6 mi |
Allen High School 300 Rivercrest Boulevard, Allen, TX 75002 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 514 Toorpu Cir
Date
Details
Price
Change
Source
1/22/2026
Listed
$990,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 514 Toorpu Cir
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,311
19%
$117,000
25%
2023
$1,104
-10%
$93,600
52%
2022
$1,223
14%
$61,600
22%
2021
$1,072
95%
$50,400
102%
2019
$551
—
$25,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 514 Toorpu Cir
514 Toorpu Circle, Allen, TX 75002 (MLS# 21135287) is a Lots/Land property with a lot size of 0.344 acres. 514 Toorpu Circle is currently listed for $990,000 and was received on January 22, 2026. Want to learn more about 514 Toorpu Circle? Do you have questions about finding other Lots/Land real estate for sale in Allen? You can browse all Allen real estate or contact a Coldwell Banker agent to request more information.

