About This Home

This 14-bedroom, 10-bathroom residential multi family at 5280 Atwell Lane in Denton, TX is listed for $1,400,000. Built in 1986, on a 1.03 acres lot.

Key Features

  • Built in 1986
  • 1.03 acre lot
  • 14 parking spaces
  • Waterfront

Property Details

1 story
10 full
4-car garage
1986

Amenities

WaterfrontViewA/C
Listing Description

Welcome to The Porches, a one-of-a-kind lakefront residential community offering outstanding income-producing potential on just over one acre outside city limits with no HOA. This unique property features eight residences: two three-bedroom, two-bath homes; two two-bedroom, one bath homes, including one with a wraparound porch accessible from the primary bedroom; and four charming one-bedroom, one-bath cottages.

Each residence offers an inviting covered porch, creating a welcoming and cohesive community atmosphere. Backing to U.S. Army Corps of Engineers land, the property provides scenic lake views and convenient walking access to the water for fishing and outdoor recreation.

The fully fenced and gated community is equipped with security cameras and monitoring equipment, offering tenants added privacy and peace of mind. The property is served by two city water meters and also includes a private well used for lawn irrigation.

An on-site storage container provides convenient space for the owner's lawn equipment and maintenance supplies. With additional room to add another cottage, "The Porches" presents a rare opportunity to own an established lakefront community with both immediate income potential and room for future growth.

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

5280 Atwell Lane

Denton, TX 76208

Reed Camp

Features & Amenities

Interior Features

EatInKitchenHighSpeedInternetVaultedCeilings

Exterior Features

Storage

Property Details

Flooring

VinylCarpet

Views

Water

Parking

Carport

Heating

CentralElectric (Heating)

Cooling

Wall Unit(s)Central AirMulti Units

Appliances

DishwasherElectricOvenElectricWaterHeater

Questions & Answers

This 14-bedroom, 10-bathroom residential multi family at 5280 Atwell Lane is listed at $1,400,000. The estimated monthly payment is $7,487 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1986, 1.03 acre lot, 14 parking spaces, Waterfront. Interior Features: EatInKitchen, HighSpeedInternet, VaultedCeilings. Exterior Features: Storage.

This property is listed by Leslie Schmidtke.

LS

Leslie Schmidtke

Agent at INC REALTY, LLC

Listed by INC REALTY, LLC · Broker phone: 972-351-1095 · View on Broker Site

MLS# 21391558· Source: North Texas Real Estate Information Systems, Inc.· 1 day on PropertySimple

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.

5280 Atwell Lane, Denton, TX 76208

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