503-507 PEARL STREET, DENTON, TX 76201
Homes for sale in Denton.
Homes for sale in 76201.
List Price$395,000
503-507 Pearl Street
Denton, TX 76201
Listing #21178207
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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