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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.

Agent Description

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

2 stories
14 full
25 spaces
#14
1965

Monthly Cost Estimate

$10,696/mo

20% down · 6.5% · 30 years

Principal$1,446
Interest$8,667
Insurance$583

Estimates only. Actual payments may vary.

Location

510 Texas Street

Denton, TX 76209

Schmitz & Rippy

Features & Amenities

Interior Features

Cable Tv AvailableDecorative LightingGranite CountersHigh Speed Internet AvailableWalk-in Closet(s)

Exterior Features

Covered CourtyardFence

Property Details

Flooring

CarpetLaminateVinyl

Construction

Brick

Parking

CoveredDrivewayGuestOff StreetOpenParking LotUnassigned

Heating

CentralOther (Heating)

Cooling

Ceiling Fan(s)Central Air

Appliances

DishwasherGarbage DisposerRangeRange - GasRefrigeratorWasher

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.

MN

MARILYN NEWLAND

Agent at Keller Williams Realty

(940) 390-5885

Listed by Keller Williams Realty · View on Broker Site

MLS# 21172487· Source: listhub· Updated today

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

510 Texas Street, Denton, TX 76209

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