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Amanda Ryan

amanda@onthemovedfw.com +1(817) 454-0499

$ 395,000

Est. payment -/mo

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Active

503-507 Pearl Street Denton, TX 76201

3 Beds

1 Bath

0.35 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Carroll Park

MLS Listing ID 21178207

Bedrooms 3

Full Baths 1

HOA Y/N None

Total Fin. Sqft 2392

Year Built 1949

Annual Tax Amount $5,726

Lot Size 0.354 Acres

Acres 0.354

Property Sub-Type Multiple Single Units

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.

Location

State TX

County Denton

Direction North on Carroll Blvd toward Crescent St Turn Left onto Crescent, Left on Denton St, turn left onto Pearl, destination on Right

Interior

Interior Features Cable TV Available

Heating Central

Cooling Central Air

Flooring Other

Appliance Gas Range

Heat Source Central

Exterior

Utilities Available All Weather Road

Roof Type Composition

Garage No

Building

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Wilson

Middle Schools Calhoun

High Schools Denton

School District Denton Isd

Others

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21178207

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Jeff Withers • Stag Residential