$585,000
SOLD AUG 15, 2025
Last list price
8 Beds
8 Baths
3,200 Sq Ft
6,752 Sq Ft Lot

Recently Sold

$183 Per Sq Ft

3 Days on Market

Highlights

  • Covered Patio or Porch
  • Interior Lot
  • Luxury Vinyl Plank Tile Flooring
  • Nette Shultz Elementary School Rated A-
  • Landscaped
  • Central Heating and Cooling System

About This Home

As of August 2025

Rare investment opportunity within walking distance of TWU, as in less than 3 minutes! This well maintained complex features 4 large units, each one with 2 bedrooms, with its own private bath and a linen cabinet for extra storage. The generously sized kitchen has abundant cabinets with brand new doors. Appliances include a refrigerator, dishwasher and electric range There is a separate dining area and spacious living room in an open layout that allows for a lot of natural light. They have updated flooring and 2 of the units have new HVAC systems, less than a year old. The photos are of one unit but the quality is the same in all 4 units. This desirable property features an outside common area with tables, chairs and lounge chairs designed for the tenants to have a place to relax and enjoy the heavily treed surroundings. The location is absolutely unbeatable, as it is not only walking distance to TWU but less than 5 minutes to the historic Denton square with all its entertainment,dining and shopping possibilities.This opportunity does not come along very often so you'll want to check it out before it's snapped up! See documents for additional information on rents and expiration dates of leases.

Buyer and buyer's agent to verify any and all information in and about this listing and property, including but not limited to schools, square footage, taxes, etc.

Last Agent to Sell the Property

MARILYN NEWLAND

KELLER WILLIAMS REALTY Brokerage Phone: 940-484-9411 License #0465073 Listed on: 07/25/2025

KELLER WILLIAMS REALTY

Last Buyer's Agent

Jose Trevino

KELLER WILLIAMS REALTY License #0748283

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,587

Year Built

  • Built in 1970

Lot Details

  • 6,752 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Many Trees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Decorative Lighting
  • Window Treatments
  • Luxury Vinyl Plank Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • On-Site Parking
  • Parking Lot
  • Outside Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Nette Shultz 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 15 / A
  • Assessor Parcel Number R28022

Community Details

Overview

  • 4 Units
  • 3,200 Sq Ft Building
  • Schmitz & Rippy Subdivision

Amenities

  • Community Mailbox

Building Details

  • Gross Income $38,163
  • Net Operating Income $29,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,587

Year Built

Built in 1970

Lot Details

0

Listing Details

  • OWNERNAME: On Record
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 940-484-9411
  • CapRate: 5.0
  • Co List Office Mls Id: KWRH05DE
  • Special Features: VirtualTour
  • Year Built: 1970

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Decorative/Designer Lighting Fixtures, High Speed Internet, Cable TV
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Slab
  • Community Features: Community Mailbox, Curbs
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Fiber Cement, Stucco
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: Concrete, On Site, Outside, Parking Lot
  • Attached Garage YN: No
  • GarageYN: No

Utilities

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

Schools

  • Elementary School: Nette Shultz
  • High School: Denton
  • Junior High Dist: Denton ISD

Lot Info

  • Lot Features: Interior Lot, Landscaped, Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.155
  • Parcel Number: R28022
  • Lot Size Acres: 0.155
  • Lot Size Sq Ft: 6751.8

Building Info

  • Year Built: 1970
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 2898.0
  • Annual Gross Income: 38163.0
  • Property Net Operating Income: 29245.0

Tax Info

  • TaxBlock: A
  • Tax Lot: 15
  • Tax Annual Amount: 5587.0

MLS Schools

  • MiddleOrJuniorSchool: Calhoun

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
08/15/2025 08/15/25 Sold -- -- --
07/28/2025 07/28/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $585,000 0.0% $183 / Sq Ft
09/01/2024 09/01/24 For Rent $1,125 -- --
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: 21012983

North Texas Real Estate Information Systems (NTREIS)

APN: R28022