USATXPlanoHood - Miller12-1509 F Ave
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$2,249,000

For Sale

A day ago

12 - 1509 F Ave, Plano, TX

Condo

MLS® 21283739

24 Bed

24 Bath

12300 sqft

16 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 12300 sqft
Garage 
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1970
Avg. Price Per Sqft $182
MLS® Number 21283739

Property Address: 12-1509 F Ave, Plano, TX, 75074-5721

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number21283739
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1970
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 28, 2026List Date
$2,249,000List Price
  • Commute

Commute

Starting Address
Destination Address
1509 F Ave, Plano, TX

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