514 TOORPU CIRCLE, ALLEN, TX 75002
Homes for sale in Allen.
Homes for sale in 75002.
514 Toorpu Circle
Allen, TX 75002
List Price$990,000
Listing #21135287
About This Property
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.
Property Features
Location Information
County
Collin
Subdivision
Ashwood Creek Place
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
Possible Best Use
Residential
Lot Description
Corner Lot, Interior Lot, Subdivision, Subdivided, City Lot
Zoning
Residential Townhomes
Lot Size in Acres
0.344
Development Status
Streets Installed, Zoned
Lot Size in Sq. Ft.
14,984
Is One Story
No
Current Use
Residential, Single Family
Lot Description
Corner Lot, Interior Lot, Subdivision, Subdivided, City Lot
School
Elementary School District
Allen ISD
Jr. High School
Ereckson
Elementary School
Boyd
High School
Allen
Additional Information
Property Type
LL
HOA Frequency
Monthly
Property SubType
Improved Land
HOA Includes
Association Management
Status
Active
Tax Annual Amount
1572.0
Has a Home Owners Association
Yes
Lot Acres Source
Public Records
HOA Fee
$200
Similar Listings
Mortgage Calculator
$4,623
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,567
Monthly Tax
$825
Monthly Insurance
$231
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Nina Bhanot, Compass RE Texas, LLC
© 2026 North Texas Real Estate Information Systems. All rights reserved.
We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an "as is, as available" basis only.
NTREIS - North Texas data last updated at May 11, 2026, 3:11 AM CT
Real Estate IDX Powered by iHomefinder