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.
Lot/land
$990,000
514 Toorpu Cir, Allen, TX 75002
--beds
--baths
0.34Acres
Improved Land
Built in ----
0.34 Acres Lot
$-- Zestimate®
$--/sqft
$200/mo HOA
What's special
Six contiguous lots
- 76 days |
- 80 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: February 02, 2026 at 08:48am
Listed by:
Nina Bhanot 0597345 972-834-6146,
Compass RE Texas, LLC 469-210-8288
Source: NTREIS,MLS#: 21135287
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 0.34 Acres
- Features: Corner Lot, Interior Lot, Subdivision, Subdivided, City Lot
Details
- Parcel number: R1173400A00601
- Zoning description: Residential Townhomes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
Community & HOA
Community
- Subdivision: Ashwood Creek Place
HOA
- Has HOA: Yes
- Services included: Association Management
- HOA fee: $200 monthly
- HOA name: Ashwood Creek Owners Association
- HOA phone: 469-655-5020
Location
- Region: Allen
Financial & listing details
- Tax assessed value: $117,000
- Annual tax amount: $1,572
- Date on market: 1/22/2026
- Cumulative days on market: 34 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2026 | Listed for sale | $990,000 |
Source: NTREIS #21135287 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,572 +19.9% | $88,704 +20% |
| 2024 | $1,311 +18.8% | $73,920 +20% |
| 2023 | $1,104 -9.7% | $61,600 |
| 2022 | $1,223 +14.1% | $61,600 +22.2% |
| 2021 | $1,072 -2.1% | $50,400 |
| 2020 | $1,094 +98.6% | $50,400 +101.6% |
| 2019 | $551 | $25,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75002
Nearby schools
GreatSchools rating
- 5/10Alton Boyd Elementary SchoolGrades: PK-6Distance: 0.9 mi
- 9/10Ereckson Middle SchoolGrades: 7-8Distance: 2.6 mi
- 8/10Allen High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Boyd
- Middle: Ereckson
- High: Allen
- District: Allen ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 75002
- Texas
- Collin County
- Allen
- 75002
- 514 Toorpu Cir



