NOT LISTED FOR SALE

Estimated Value: $725,000

8 Beds
8 Baths
3,832 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 25, 2025

19 Days on Market

Highlights

  • Covered Patio or Porch
  • Walk-In Closet
  • Central Heating and Cooling System
  • Balcony
  • Ceramic Tile Flooring
  • High Speed Internet

About This Home

As of June 2025

Investing in real estate is one of the smartest moves you'll ever make and this is the perfect property to get you there. This quadruplex has been very well maintained and is currently leased, with the exception of one downstairs unit. Each unit has 2 bedrooms, with 2 full baths, a nice sized dining area and spacious kitchen with refrigerator. There is a separate laundry room, with a combination washer-dryer set. The upstairs units have a balcony in the rear and covered porch in the front. Downstairs there is a covered front porch and rear fenced patio. Each of the bedrooms has a ceiling fan and the primary bedroom has a large walk-in closet; the carpet has regularly been replaced every couple of years. Both bathrooms have nice wall cabinets for extra storage. One of the most attractive features about this property is the location -it's really close to the elementary school and the amazing new Denton High School. It's literally just down the street from UNTs Discovery Park, 2 minutes from the tennis and pickleball court and 5 minutes from the huge North Lakes Park complex. There's a bus stop at the end of the street for easy access to all the other amenities in this area, including the ever expanding Rayzor Ranch. This really is one of the best investment properties out there so don't let it get snapped up by another savvy investor!

Last Agent to Sell the Property

MARILYN NEWLAND

Keller Williams Realty Brokerage Phone: 940-484-9411 License #0465073 Listed on: 05/05/2025

Keller Williams Realty

Last Buyer's Agent

Dulce Garcia Alanis

Elite Real Estate Texas License #0751531

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,018

Year Built

  • Built in 1985

Lot Details

  • 10,062 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence

Home Design

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

Interior Spaces

  • 2-Story Property
  • Decorative Lighting
  • Window Treatments

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 8 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Evers Park Elementary School
  • Denton High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 2
  • Assessor Parcel Number R27063

Community Details

Overview

  • 4 Units
  • 3,832 Sq Ft Building
  • Denton North 2 Subdivision

Amenities

  • Community Mailbox

Building Details

  • Gross Income $53,000
  • Net Operating Income $46,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,018

Year Built

Built in 1985

Lot Details

0

Listing Details

  • OWNERNAME: of record
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 940-484-9411
  • CapRate: 6.34
  • Co List Office Mls Id: KWRH05DE
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48121:R27063
  • Special Features: VirtualTour
  • Year Built: 1985

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Decorative/Designer Lighting Fixtures, High Speed Internet, Cable TV, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Slab
  • Community Features: Community Mailbox, Curbs
  • Fencing: Partial, Privacy, Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Balcony
  • Pool Features: None
  • Patio And Porch Features: Front Porch, Patio, Balcony, Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Concrete, Open, Off Street
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Electricity Available, Sewer Available, Separate Meters, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Evers Park
  • High School: Denton
  • Junior High Dist: Denton ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.231
  • Parcel Number: R27063
  • Lot Size Acres: 0.231
  • Lot Size Sq Ft: 10062.36

Building Info

  • Year Built: 1985
  • Units Total: 4

Multi Family

  • Insurance Expense: 2700.0
  • Annual Gross Income: 53000.0
  • Property Net Operating Income: 46000.0

Tax Info

  • TaxBlock: 2
  • Tax Lot: 1
  • Tax Annual Amount: 6018.0

MLS Schools

  • MiddleOrJuniorSchool: Calhoun

Range of Values:

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Value Increase
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Percent Increase
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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 List to Sale Price per Sq Ft
06/25/2025 06/25/25 Sold -- -- --
05/24/2025 05/24/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $725,000 -- $189 / 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: 20930760

North Texas Real Estate Information Systems (NTREIS)

APN: R27063