510 Texas St Unit 14, Denton, TX 76209

$2,000,000
22
BD
14
BA

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List Price
$2,000,000
Status
ACTIVE
MLS#
21172487
Subtype
ResidentialIncome
Construction Status
Preowned
Year Built
1965
Bedrooms
22
Bathrooms
14
Full Baths
14
Lot Size
15,812
Acres
0.36
Subdivision
Schmitz & Rippy
Building Name
510 Texas St.

Property 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.

Additional Information

Interior Features
Decorative Designer Lighting Fixtures, Granite Counters, High Speed Internet, Cable TV, Walk-In Closet(s)
Exterior Features
Covered Courtyard
Taxes
$15,906
Building Name
510 Texas St.
Flooring
Carpet, Laminate, Vinyl
Appliances
Dishwasher, Disposal, Gas Range, Refrigerator
Heating
Central, Other
Air Conditioning
Central Air, Ceiling Fan(s), Other
Exterior Features
Covered Courtyard
Stories
2
Levels
Two
Roof
Metal
Foundation
Slab
Parking Features
Asphalt, Common, Covered, Driveway, Guest, On Site, Open, Off Street, Parking Lot, Unassigned
School District
Denton Isd
Elementary School
Nette Shultz
Middle School
Calhoun
High School
Denton

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Calculator source: Real Geeks

Listing courtesy of MARILYN NEWLAND from Keller Williams Realty. Contact: (940) 484-9411