Listing provided courtesy of Compass RE Texas, LLC- MLS# 21135287MLS ProviderContact Information: Nina Bhanot - 972-834-6146

514 Toorpu CircleAllen, TX 75002

Vacant Land · 0.34 Acres
$990,000 Active

514 Toorpu Circle Overview

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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.

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514 Toorpu Circle Facts & Features

  • Type Vacant Land
  • Lot 0.34 Acres

Details

General

Association/HOA

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Association Management
  • Association Name: Ashwood Creek Owners Association
  • Association: Yes

School Information

  • School District: Allen ISD
  • Elementary School: Boyd
  • Middle Or Junior School: Ereckson
  • High School: Allen

Business Information

  • Current Use: Residential,Single Family

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: ALLEN
  • Subdivision Name: Ashwood Creek Place

Community/Development

  • Development Status: Streets Installed,Zoned

Tax Information

  • Tax Annual Amount: 1572.0

General Information

  • Parcel Number: R1173400A00601
  • Possible Use: Residential
  • Property Sub Type: Improved Land
  • Property Type: Land
  • Senior Community: No

Interior

Exterior

Lot Information

  • Lot Features: Corner Lot,Interior Lot,Subdivision,Subdivided,City Lot
  • Lot Size Acres: 0.344
  • Lot Size Area: 0.344
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 14984.64
  • Lot Size Units: Acres
  • Number Of Lots: 6
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Sewer Available,Underground Utilities,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

514 Toorpu Circle Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

514 Toorpu Circle Market Data

Based on the last 30 days in this zip code

$1,000,558
Average List Price
$294
Average Price per Square Foot
67
Properties Sold
116
Average Days on Market
370
Properties for Sale
Calculations provided by Reliance Network


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