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$975,000 Just Listed
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Property Description
Fully renovated five-unit multifamily investment opportunity in Plano, Texas, situated on approximately 0.36 acres. This property has been extensively rebuilt and renovated from the framing, with major improvements including new flooring, ceilings, kitchens, cabinetry, bathrooms, appliances, and a Class 3 impact-resistant roof. Offering approximately 3,008 square feet, the property is in turnkey condition and positioned for strong long-term investment potential. Conveniently located near the major Collin Creek Mall redevelopment and other area improvements. A large open area at the rear of the property may provide potential for additional multifamily expansion or other future development, subject to zoning, permitting, and City of Plano approval. Short-term rental use may also be possible, subject to applicable laws and regulations. Buyer to independently verify all development, zoning, rental, and use possibilities.
Full Property Details
Full Property Details for 1607 M Ave
General
- Price: $975,000
- Taxes: $7,101
- Status: Active
- Type: Apartment
- Source: NTREIS
- MLS ID: 21372706
- Updated: 8/29/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Other
- Appliances: Electric Range
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Additional Information
- Security/Safety: Fire Alarm, Other
Parking
- Carports: Yes
- Carport Spaces: 4
- Covered Spaces: 4
- Total Spaces: 10
- Parking Features: Additional Parking, Asphalt, Detached Carport, Driveway
Location
- County: Collin
- Subdivision: Clint Forman Add
- Driving Directions: Between 18th and 16th street on M Avenue.
School Information
- Elem School District: Plano ISD
- Midd School District: Plano ISD
- High School District: Plano ISD
- Elementary School: Mendenhall
- Middle School: Otto
- High School: Williams, Plano East
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick, Concrete, Wood Siding
- Roof: Composition
- Windows: Bay Window(s)
- Stories/Levels: 1
- Square Feet: 3,008
- Sq. Ft. Source: Public Records
- Year Built: 1946
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.363
- Lot Size (Sq. Ft.): 15,812.28
- Lot Features: Back Yard, Lawn
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $7,101
- Terms: Cash, See Agent
Disclosures and Reports
- Legal Description: CLINT FORMAN ADDITION (CPL), BLOCK 6, LOT 4A
- Property ID: R0160006004A1
- Block: 6
- Lot Number: 4A
Listed by Stride Real Estate, LLC, Chenchi Kuriakose
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Schools
Schools serving 1607 M Ave
School District:Plano Independent School District
| Name | Grades | Distance |
|---|---|---|
Mendenhall Elementary School 1330 19th Street, Plano, TX 75074 | K-5 | 0.2 mi |
Otto Middle School 504 North Star Road, Plano, TX 75074 | 6-8 | 2.9 mi |
Williams High School 1717 17th Street, Plano, TX 75074 | 9-10 | 0.5 mi |
Plano East Sr High School 3000 Los Rios Boulevard, Plano, TX 75074 | 11-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1607 M Ave
Date
Details
Price
Change
Source
8/29/2026
Listed
$975,000
—
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 1607 M Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,101
2%
$415,800
—
2023
$6,987
-5%
$414,114
2%
2022
$7,386
—
$404,815
5%
2022
$7,386
-2%
$386,519
3%
2021
$7,570
50%
$375,414
51%
2020
$5,052
1%
$249,383
1%
2019
$5,017
-5%
$245,733
—
2018
$5,292
16%
$244,862
17%
2017
$4,561
-1%
$209,238
—
2016
$4,606
4%
$208,675
5%
2015
$4,438
-1%
$198,600
—
2014
$4,472
-16%
$198,435
-15%
2013
$5,311
—
$234,725
—
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 1607 M Ave
1607 M Avenue, Plano, TX 75074 (MLS# 21372706) is a Apartment property with 5 bedrooms and 5 full bathrooms. 1607 M Avenue is currently listed for $975,000 and was received on August 29, 2026. Want to learn more about 1607 M Avenue? Do you have questions about finding other Apartment real estate for sale in Plano? You can browse all Plano real estate or contact a Coldwell Banker agent to request more information.

