503-507 Pearl Street, Denton, TX 76201
Local realty services provided by:ERA Newlin & Company
Listed by: jeff withers
Office: stag residential
MLS#:21178207
Source:GDAR
Price summary
- Price:$395,000
- Price per sq. ft.:$165.13
About this home
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....
Contact an agent
Home facts
- Year built:1949
- Subdivision & Development:Carroll Park
- Listing ID #:21178207
- Added:228 day(s) ago
- Updated:September 29, 2026 at 12:24 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Gas Range
- Living area:2,392 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1949
- Building area:2,392 sq. ft.
- Lot area:0.35 Acres
- Construction Materials:Frame
- Foundation Description:Pillar Post Pier
- Levels:1 Story
Schools
- High school:Denton
- Middle school:Calhoun
- Elementary school:Wilson
Finances and disclosures
- Price:$395,000
- Price per sq. ft.:$165.13
- Tax amount:$5,726
Features and amenities
- Appliances:Gas Range
Parking
- Total parking spaces:2
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