503-507 Pearl St, Denton, TX 76201

$395,000
: 3
BD
: 1
BA

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List Price: $395,000
Status: ACTIVE
Price Change: ▼ $5,000 1773774279
MLS#: 21178207
Subtype: ResidentialIncome
Construction Status: Preowned
Year Built: 1949
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Lot Size: 15,420
Acres: 0.35
Subdivision: Carroll Park
Building Name: Carroll Park

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Property Description

Opportunity knocks for investors or house-hackers looking to generate income from day one. This three-unit income-producing property offers immediate cash flow with $3,195 in total monthly rental income already in place. Positioned in a highly desirable location just minutes from the historic Denton Square and both local universities, the property benefits from strong and consistent rental demand driven by students, faculty, and professionals who want quick access to dining, entertainment, and campus life. The layout provides flexibility for multiple strategies. Investors can continue operating all three units as rentals for steady income, or an owner-occupant can live in one unit while the other two help offset the mortgage each month—essentially letting your tenants help pay for the property. With three separate units generating income, this property offers diversification under one roof while keeping management simple. The location near major Denton destinations further strengthens long-term rental appeal and future appreciation potential. Whether you're expanding your portfolio, entering the rental market, or looking for a smart live-and-invest opportunity, this property delivers a rare combination of location, flexibility, and built-in income. Income properties this close to the Square and universities don’t come along often—schedule your showing and explore the possibilities.

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