804 N LOCUST STREET, DENTON, TX 76201
Homes for sale in Denton.
Homes for sale in 76201.
804 N Locust Street
Denton, TX 76201
List Price$1,200,000
Listing #20962091
About This Property
This eight-unit complex offers growth potential for your new North Locust Street Portfolio! (See other listings: 810, 1013, 1717, and 2425 N. Locust. Selling as portfolio only). The owners--who run one of Denton's longest running property management companies--have personally cared for this property since 1997. These units are easy to lease but still have room for updates to justify rent increases. An savvy investor would likely someday refresh the kitchens and bathrooms. And the vacant lot across from the complex, currently used as green space and overflow parking, presents a wonderful opportunity for later development. One of the few remaining empty lots on Locust! Units: Accent walls of corrugated metal or wood, the wood floors on the second floor and painted concrete on the first floor make turning units a breeze, two downstairs units have their own private yards, residents pay their own electricity, water, and gas(!), coin-operated laundry room onsite, plenty of parking--residents have enjoyed having a reserved space right outside their apartment, adjacent to Austin Street Historical District, quiet, convenient to TWU, UNT, and the popular downtown Denton Square (live music, food, independent bookstores, busy bars, and the historic Denton Courthouse). Pergola, grill, and bike rack available for resident use! Must see to truly understand how neat this location is.
Property Features
Location Information
County
Denton
Subdivision
Bbb & Crr
Interior Features
Interior
Tile Counters
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
8
Floors
Concrete, Tile, Wood
Has Fireplace
No
Appliances
Electric Oven, Gas Oven, Refrigerator
Heating
None
Total Number of Units
8
Exterior Features
Stories
2
Parking Description
Guest, Private
Construction
Board & Batten Siding, Steel Siding
Pool Description
None
Foundation
Slab
Lot Size in Acres
0.19
Roof
Composition
Lot Size in Sq. Ft.
8,289
Water / Sewer
Electricity Connected, Natural Gas Available, Other, Sewer Available, Separate Meters, Water Available
Buildings
1
Utilities
Electricity Connected, Natural Gas Available, Other, Sewer Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
4,800
Security System
Smoke Detector(s)
Is One Story
No
School
Elementary School District
Denton ISD
Jr. High School
Calhoun
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
11500.0
Year Built
1964
Lot Acres Source
Appraiser
Similar Listings
Mortgage Calculator
$5,604
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$4,324
Monthly Tax
$1,000
Monthly Insurance
$280
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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