12 Unit Apartment Building in the heart of Denton, Texas, offering investors a stabilized asset near UNT, TWU, major employers, and the UNT bus line. The owner has spent a large sums of money to improve the property such as replacing some new AC system, appliances, water heaters, flooring, painting...Rent is still below the market, This property is a great potential for a new owner, to an investor to add it in the portfolios.
| Listing Id: | 21415260 |
|---|---|
| List Price: | $1,950,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Apartment |
| Status: | Active |
| Bedrooms Total: | 20 |
| Bathrooms Full: | 20 |
| Unexempt Taxes: | $20,877 |
| Lot Size Square Feet: | 39,465.3600 |
| Lot Size Acres: | 0.906 |
| City: | Denton |
| County Or Parish: | Denton |
| Subdivision Name: | E Puchalski |
| Postal Code: | 76201 |
| Year Built: | 1978 |
| Number Of Units Total: | 12 |
| Accessibility Features Yn: | No |
| Appliances: | Gas Oven,Gas Range,Gas Water Heater |
| Association Type: | None |
| Attached Garage?: | No |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 20.00 |
| Bathrooms Total Integer: | 20 |
| Building Area Source: | Public Records |
| Building Area Total: | 9,472.00 |
| Complex Name: | T and P Apartment |
| Construction Materials: | Brick |
| Cooling: | Ceiling Fan(s), Central Air, Electric |
| Directions: | GPS |
| Elementary School: | Newton Rayzor |
| Elementary School Name: | Newton Rayzor |
| Flooring: | Ceramic Tile, Laminate |
| Foundation Details: | Brick/Mortar |
| Garage Spaces: | 0 |
| Garage?: | No |
| Gross Annual Expenses: | $37,676 |
| Gross Annual Income: | $172,200 |
| Heating: | Electric, Gas Jets |
| High School Name: | Denton |
| Insurance Expense: | $19,910 |
| Interior Features: | Cable TV Available |
| Levels: | Two |
| Lot Size Area: | 0.9060 |
| Lot Size Units: | Acres |
| Middle School Name: | Calhoun |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Net Operation Income: | $114,614 |
| Number Of Buildings: | 2 |
| Number Of Parking Spaces: | 20 |
| Operating Expense Includes: | Insurance, Maintenance, New Tax |
| Parking Features: | Concrete, On Site |
| Pool?: | No |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 3778 |
| Roof: | Composition |
| School District: | Denton ISD |
| Senior Community Yn: | No |
| Smart Home Features Appor Pass Y: | 0 |
| Tenancy: | Over 9 Months |
| Utilities: | Cable Available, City Sewer, City Water |
| Will Subdivide: | No |
| Year Built Details: | Preowned |
Listing Courtesy of: First Texas Realty
Listing Agent: Du Phan
817-797-7123
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North Texas Real Estate Information Systems, Inc. data last updated on October 20, 2026 01:24 AM - CT
Property Last Updated: October 20, 2026 01:24 AM - CT
