3453 Hearst Castle Way, Plano, Texas
$1,270,000 (Last Listing Price)
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Incredible Portfolio Opportunity – Total of 6 Modified, previously licensed Residential Assisted Living Homes, Bank-Owned and Ready to Re-License! Rare investment opportunity to acquire a portfolio of six residential assisted living homes, each previously licensed for 8 private beds. These properties are bank-owned, unlicensed, but fully modified for assisted living use, offering tremendous potential for immediate re-licensure and operation. Each home has undergone ADA-compliant renovations, including modified bathrooms and accessible living spaces. Most feature extensive remodeling, spacious communal areas, and fully integrated 13R fire sprinkler and alarm systems, meeting key safety standards for licensing. Whether you're expanding your current operations or entering the growing assisted living market, this portfolio provides a turnkey foundation to quickly launch or scale. Pro forma financials and additional details available upon request. Contact listing agent for full offering information.
School District: Plano ISD
Dallas MLS #: 21006130
Representing the Seller: Listing Agent Aaron Morrow; Listing Office: Coldwell Banker Apex, REALTORS
For further information on this home and the Plano real estate market, contact real estate broker Douglas Newby. 214.522.1000
Property Overview
- Listing Price: $1,270,000
- MLS ID: 21006130
- Status: Sold
- Days on Market: 465
- Updated: 11/24/2025
- Previous Status: For Sale
- MLS Start Date: 7/19/2025
Property History
- Current Listing: $1,270,000
Interior
- Number of Rooms: 8
- Full Baths: 5
- Half Baths: 0
- Interior Features:
Built-in Features
Cable TV Available
Cathedral Ceiling(s)
Chandelier
Decorative Lighting
Double Vanity
Eat-in Kitchen
Flat Screen Wiring
Granite Counters
High Speed Internet Available
In-Law Suite Floorplan
Kitchen Island
Open Floorplan
Vaulted Ceiling(s)
Walk-In Closet(s)
- Appliances:
Call Listing Agent
- Flooring:
Luxury Vinyl Plank
Parking
- Parking Features:
Alley Access
Circular Driveway
Converted Garage
Driveway
Location
- County: Collin
- Directions: SEE GPS
Community
- Home Owners Association: Mandatory
School Information
- School District: Plano ISD
- Elementary School: Mathews
- Middle School: Schimelpfe
- High School: Clark
Heating & Cooling
- Heating/Cooling:
Central
Electric
Natural Gas
Zoned
Utilities
- Utility Description:
Alley
City Sewer
City Water
Concrete
Curbs
Electricity Connected
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sqft.): 15,681.6
- Lot Description:
Corner Lot
Few Trees
Landscaped
Lrg. Backyard Grass
Sprinkler System
Subdivision
Financial Considerations
- Price per Sqft.: $263
- Price per Acre: $3,527,778
- For Sale/Rent/Lease: For Sale
Disclosures & Reports
- Legal Description: ESTATES OF FOREST CREEK PHASE V (CPL), BLK F,
- Disclosures/Reports: Aerial Photo,Survey Available
- APN: R222500F01001
- Block: F
If You Have Been Referred or Would Like to Make an Introduction, Please Contact Me and I Will Reply Personally
Douglas Newby represents clients with Dallas estate homes, architect designed homes and modern homes. Call: 214.522.1000 — Text: 214.505.9999
Listing provided courtesy of North Texas Real Estate Information Systems (NTREIS)
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.