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About This Home
This 22-bedroom, 14-bathroom multi-family at 510 Texas Street in Denton, TX is listed for $2,000,000. Built in 1965, on a 0.36 acres lot.
Rare opportunity to invest in a multi-family property within walking distance of Texas Women's University, less than one-half mile walk and a 2 minute drive. It's also less than 5 minutes to the historic popular downtown Denton square with its many restaurants, shopping and entertainment choices.
That makes this a highly desirable location and these don't come on the market very often. There are 14 units; 8 2-bedroom units and 6 1-bedroom units. There are 25 parking spaces, including 6 covered spaces, which actually exceeds the city's requirements.
The roof is new this year, custom designed.. Ask us about the special construction and installation. The water heaters are new in 2025; AC system 2019; boiler in 2019 also. Eleven of the apartments have been remodeled and we have a list of other upgrades available.
There is a laundry room onsite with multiple washers and dryers, new in 2024. This property is extremely well maintained and of course you won't find a better location. Give me a call and we can schedule your appointment.. The listing agent has financial and tenant information including pro forma rent numbers. This property will be part of a 1031 Exchange.
Key Features
- Built in 1965
- 0.36 acre lot
- 2 stories
- 25 parking spaces
Property Details
Monthly Cost Estimate
$10,696/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
510 Texas Street
Denton, TX 76209
Schmitz & Rippy
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 22-bedroom, 14-bathroom multi-family at 510 Texas Street is listed at $2,000,000. The estimated monthly payment is $8,667 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.36 acre lot, 2 stories, 25 parking spaces. Interior Features: Cable Tv Available, Decorative Lighting, Granite Counters. Exterior Features: Covered Courtyard, Fence.
This property is listed by MARILYN NEWLAND and can be reached at 9403905885 or newlandpg@gmail.com.















