




$960,000
514 Toorpu Circle, Allen, TX, 75002
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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.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Allen
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