1717 N LOCUST STREET, DENTON, TX 76201

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1717 N Locust Street

Denton, TX 76201

Status of the property has changed, please contact for details

List Price$2,100,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20961817

13

Bedrooms

12 full, 1 partial

Bathrooms

7,056

Square Feet

7

Number of Units

Multi-Unit Residential

Type

About This Property

Consider this the centerpiece of your new North Locust Street portfolio! (See other listings: 804, 810, 1013, and 2425 N. Locust. Selling as portfolio only). L. W. Killian purchased this lot in 1967 to build a quiet gated community for friends and family to retire into. Three generations of Killians have lived here since, electing to call it Chateau D'or somewhere along the way. Owners live in the sizable front two units and have owned a local property management company for decades. They are getting out of the business and are moving away from Denton to join their growing family! This property is the best of both worlds. Lease out all seven units or enjoy the comfort of living in one of the private front units while offsetting expenses. Unit 1 has a private outside bar and patio, greenhouse, sunroom, and a bonus room accessible through the master that can be used as an office, study, or nursery. Unit 2 also has a private patio, the covered portion of which has electricity for a ceiling fan, TV, and hanging accent lights. The owners have considered enclosing the covered breezeway between Units 1 and 2 to combine them into one unit. Both units have incredible kitchen storage, huge walk-in closets, and washer & dryer connections. Fourplex: These two-bedroom, one bath units have been updated with LVF and granite countertops in the kitchens and bath. Each unit enjoys four closets, tons of storage in their eat-in-kitchens, and the two upstairs units have window boxes for extra storage. Efficiency: This unit can be used as onsite office (and has been used that way in the past). Window unit cooling, gas heating and gas range, new countertops, sinks, and faucets, and subway tile backsplash. Amenities: Private pool, coin-operated laundry room, covered parking, all-bills-paid units, CCTV and automatic watering. While this property has been cared for, there are many ways to improve the property to justify rent increases.

Property Features

Location Information

County

Denton

Subdivision

Wheeler Add

Interior Features

Interior

Granite Counters

Cooling

Central Air, Ceiling Fan(s)

Full Baths

12

Floors

Carpet, Combination, Concrete, Ceramic Tile

1/2 Baths

1

Appliances

Dishwasher, Disposal, Gas Range, Microwave, Refrigerator

Has Fireplace

No

Total Number of Units

7

Heating

Central, Natural Gas

Exterior Features

Stories

2

Has a Pool

Yes

Construction

Brick, Vinyl Siding

Pool Description

Fenced, In Ground, Pool, Community

Foundation

Slab

Lot Size in Acres

0.443

Roof

Asphalt, Composition, Flat

Lot Size in Sq. Ft.

19,297

Water / Sewer

Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, See Remarks, Water Available

Buildings

3

Utilities

Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, See Remarks, Water Available

Building Total Area (Sq. Ft.)

7,056

Security System

Gated Community, Smoke Detector(s)

Road Description

Asphalt

Parking Description

Additional Parking, Assigned, Asphalt, Carport, Driveway, Private

Is One Story

No

Fencing

Wood

School

Elementary School District

Denton ISD

Jr. High School

Crownover

Elementary School

Newton Rayzor

High School

Denton

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Property SubType

Apartment

Tax Annual Amount

10616.0

Year Built

1967

Community Features

Pool, Gated

Similar Listings

Mortgage Calculator

$9,807

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$7,567

Monthly Tax

$1,750

Monthly Insurance

$490

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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