3453 Hearst Castle Way, Plano, Texas

$1,270,000

0.36 Acres
4,838 Sqft.
8 Bedrooms
8 Bathrooms
Built in 1988
34 Days on Market

LOADING ..

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

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

Property Overview

  • Listing Price: $1,270,000
  • MLS ID: 21006130
  • Status: For Sale
  • Days on Market: 34
  • Updated: 7/21/2025
  • Previous Status: For Sale
  • MLS Start Date: 7/19/2025

Property History

  • Current Listing: $1,270,000

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

Lot Features

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

Contact Realtor Douglas Newby for Insights on Property for Sale

Douglas Newby represents clients with Dallas estate homes, architect designed homes and modern homes.

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.