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.
Fully occupied 3-bedroom 2-bath duplex in the heart of Plano offering immediate cash flow and future flexibility. 1804 Bristol Cove is currently leased for $2,050 per month on one unit and is vacant and ready to lease out the other unit. Lease on occupied unit expires at the end of July giving new owners the option to renew tenants, adjust rents to market rates, or potentially house hack by occupying one side. Both units offer functional layouts with consistent rental demand in a desirable Plano location convenient to major employers, shopping, dining, and commuter routes. Recent updates for 1804 include new HVAC and ductwork in 2022, new dishwasher, doors, trim, baseboards and downstairs flooring replaced in 2024 and water heater in 2025. Updates for 1806 include a new water heater replaced in 2024, new HVAC in 2021 as well as a full remodel in 2021. This is a solid investment opportunity combining current rental income with future flexibility in a strong North Texas rental market. Schedule your showing today!
Rare turnkey duplex located in highly desirable Plano! This fully renovated property features two units, each offering 2 bedrooms and 2 full bathrooms, making it ideal for both owner-occupants and investors. No expense was spared in the renovation, including brand-new kitchen cabinets, quartz countertops, stainless steel appliances, white oak flooring throughout, energy-efficient windows, a new 30-year roof, custom tile work in the bathrooms, updated lighting and fixtures, fresh interior and exterior paint, and a fully fenced backyard. Both units are vacant, providing the perfect opportunity to house-hack by living in one side and leasing the other, or to lease both units for immediate rental income. Located in one of North Texas’ strongest rental markets, with major employment drivers such as AT&T relocating headquarters operations to Plano, this property offers long-term upside and minimal maintenance for years to come. Don’t miss your chance to own a truly turnkey duplex in a prime location.

Plano is located in Texas. Plano, Texas has a population of 282,181. Plano is less family-centric than the surrounding county with 38.39% of the households containing married families with children. The county average for households married with children is 44.37%.
The median household income in Plano, Texas is $99,729. The median household income for the surrounding county is $104,327 compared to the national median of $69,021. The median age of people living in Plano is 38.8 years.
The average high temperature in July is 93.6 degrees, with an average low temperature in January of 32.5 degrees. The average rainfall is approximately 40.9 inches per year, with 1.5 inches of snow per year.