503-507 PEARL STREET, DENTON, TX 76201

Homes for sale in Denton.

Homes for sale in 76201.


Status of the property has changed, please contact for details

List Price$395,000

503-507 Pearl Street

Denton, TX 76201

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

Listing #21178207

3

Bedrooms

1 full

Bathrooms

2,392

Square Feet

2

Number of Units

Multi-Unit Residential

Type

About This Property

Opportunity knocks for investors or house-hackers looking to generate income from day one. This three-unit income-producing property offers immediate cash flow with $3,195 in total monthly rental income already in place. Positioned in a highly desirable location just minutes from the historic Denton Square and both local universities, the property benefits from strong and consistent rental demand driven by students, faculty, and professionals who want quick access to dining, entertainment, and campus life. The layout provides flexibility for multiple strategies. Investors can continue operating all three units as rentals for steady income, or an owner-occupant can live in one unit while the other two help offset the mortgage each month--essentially letting your tenants help pay for the property. With three separate units generating income, this property offers diversification under one roof while keeping management simple. The location near major Denton destinations further strengthens long-term rental appeal and future appreciation potential. Whether you're expanding your portfolio, entering the rental market, or looking for a smart live-and-invest opportunity, this property delivers a rare combination of location, flexibility, and built-in income. Income properties this close to the Square and universities don't come along often--schedule your showing and explore the possibilities.

Property Features

Location Information

County

Denton

Subdivision

Carroll Park

Interior Features

Interior

Cable TV

Cooling

Central Air

Full Baths

1

Floors

Other

Has Fireplace

No

Appliances

Gas Range

Heating

Central

Total Number of Units

2

Exterior Features

Stories

1

Lot Size in Acres

0.354

Construction

Frame

Lot Size in Sq. Ft.

15,420

Foundation

Pillar/Post/Pier

Buildings

2

Roof

Composition

Building Total Area (Sq. Ft.)

2,392

Utilities

Cable Available

Road Description

All Weather Road

Parking Description

Driveway

Is One Story

Yes

Pool Description

None

School

Elementary School District

Denton ISD

Jr. High School

Calhoun

Elementary School

Wilson

High School

Denton

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Year Built

1949

Tax Annual Amount

5726.0

Similar Listings

Mortgage Calculator

$1,844

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,423

Monthly Tax

$329

Monthly Insurance

$92

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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