514 Toorpu Circle, Allen, Texas

$960,000

0.34 Acres
0 Sqft.
18 Days on Market

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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.

School District: Allen ISD

Dallas MLS #: 21348982

Representing the Seller: Listing Agent Nina Bhanot; Listing Office: Compass RE Texas, LLC

Representing the Buyer: Contact realtor Douglas Newby of Douglas Newby & Associates if you would like to see this property. Call: 214.522.1000 Text: 214.505.9999

Property Overview

  • Listing Price: $960,000
  • MLS ID: 21348982
  • Status: For Sale
  • Days on Market: 18
  • Updated: 8/5/2026
  • Previous Status: For Sale
  • MLS Start Date: 8/4/2026

Property History

  • Current Listing: $960,000

Interior

  • Number of Rooms: 0
  • Full Baths: 0
  • Half Baths: 0

Parking

    Location

    • County: Collin
    • Directions: From 75 exit and go east on McDermott, south on Greenville, turn left on Ellis St then right onto Toorpu Circle.

    Community

    • Home Owners Association: Mandatory

    School Information

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

    Heating & Cooling

      Utilities

      • Utility Description:

        Cable Available

        City Sewer

        City Water

        Electricity Available

        Underground Utilities

      Lot Features

      • Lot Size (Acres): 0.34
      • Lot Size (Sqft.): 14,984.64
      • Lot Description:

        Corner Lot

        Interior Lot

        Subdivision

      Financial Considerations

      • Price per Sqft.: $∞
      • Price per Acre: $2,790,698

      Disclosures & Reports

      • Legal Description: ASHWOOD CREEK PLACE (CAL), BLOCK A, LOT 6
      • Restrictions: Development
      • APN: R1173400A00601
      • Block: A

      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.