$1,190,000
SOLD MAR 20, 2019
Last list price
24 Beds
16 Baths
4,768 Sq Ft
0.4 Acres

Recently Sold

$250 Per Sq Ft

22 Days on Market

Highlights

  • 0.4 Acre Lot
  • Covered patio or porch
  • Ceramic Tile Flooring
  • Denton High School Rated A-
  • Interior Lot
  • 1-Story Property

About This Home

As of April 2025

Great Investment Opportunity. This sale is for two fully occupied 4-plex buildings, 2331 and 2335 N. Elm. Each apartment unit has 3 beds and 2 full baths. Spacious open floor plan. Kitchen with custom cabinets, breakfast bar and kitchen appliances. Connections for full size washer and dryer. Each unit at 2335 N. Elm includes a washer and dryer. Each building and each unit are separately metered for water and electric, no gas utility. Tenants pay own utilities except garbage and lawn care. There is a shared driveway and parking lot with 19 spaces. Great location with easy access to the city center, shopping, and local schools. Only minutes from UNT and TWU. Current rents range from $1150 up to $1350 per month.

Last Agent to Sell the Property

JEFF CROW

Crow Real Estate Services License #0517738 Listed on: 01/21/2019

Last Buyer's Agent

JEFF CROW

Crow Real Estate Services License #0517738 Listed on: 01/21/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 0.4 Acre Lot
  • Interior Lot
  • Sprinkler System

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,768 Sq Ft Home
  • 1-Story Property
  • Window Treatments

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 16 Full Bathrooms

Parking

  • 19 Parking Spaces
  • Common or Shared Parking
  • Open Parking
  • Unassigned Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Evers Park Elementary School
  • Calhoun Middle School
  • Denton High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number R34281
  • $22,428 per year unexempt tax

Community Details

Overview

  • 8 Units
  • 4,768 Sq Ft Building
  • Andrus Add Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 79760
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 230.70470
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Square Footage: 4768.00
  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Plumbed for Ice Maker, Refrigerator

Beds/Baths

  • Full Bathrooms: 16
  • Total Bedrooms: 24

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 19
  • Parking Features: Common, Open, Unassigned
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Community Mailbox, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Denton ISD
  • Elementary School: Evers Park
  • Middle School: Calhoun
  • High School: Denton
  • School District: Denton ISD
  • Elementary School: Evers Park
  • High School: Denton

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Interior Lot, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.3960
  • Parcel Number: R34281
  • Lot Size Acres: 0.3960
  • Lot Size Sq Ft: 17249.7600
  • Assessor Parcel Number 2: R34278

Building Info

  • Year Built: 2005
  • Units Total: 8

Multi Family

  • Gross Annual Expenses: 38800.00
  • Gross Annual Income: 118560.00
  • Insurance Expense: 4800
  • Tenancy: No Smoking, No Sublease, No Waterbeds, Over 9 Months, Pet Restrictions, Pets Allowed
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 22428
  • TaxBlock: A
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Calhoun
  • Middle School Name: Calhoun
  • Elementary School Name: Evers Park
  • High School Name: Denton

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold -- -- --
11/28/2024 11/28/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $850,000 -28.6% $182 / Sq Ft
03/20/2019 03/20/19 Sold -- -- --
02/12/2019 02/12/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $1,190,000 -- $250 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14001434

North Texas Real Estate Information Systems (NTREIS)

APN: R34281