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Three-Unit Income-Producing Triplex
For Sale
$395,000

503-507 Pearl Street, Denton, TX 76201

ResidentialIncome, Denton, TX

Property SizeContact for details
Lot Size0.35 Acres
Days on Market52

Property Features for 503-507 Pearl Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3
Parking 2
Parking features Driveway
Interior features CableTv
Appliances GasRange
Subdivision Carroll Park
Elementary school Wilson
Middle school Calhoun
High school Denton
Elementary school district Denton ISD
Middle school district Denton ISD
High school district Denton ISD
Directions North on Carroll Blvd toward Crescent St Turn Left onto Crescent, Left on Denton St, turn left onto Pearl, destination on Right
Standard status Active
APN R32644
Lot size 0.35 Acres

Taxes and HOA fees

Tax Description CARROLL PARK BLK 1 LOT 1(ALL),2(E25')
Tax Annual Amount 5726
Legal Description CARROLL PARK BLK 1 LOT 1(ALL),2(E25')

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1949
Floors in Building 1
Number of units 2
Building materials Frame
Roof type Composition
Listing Agency: Stag Residential
Listed By: Jeff Withers · License #0644917
Added: Jul 18 Changed: Sep 7 Last Checked: Sep 7 at 6:06AM
MLS# 21178207

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex contains three separate residential units and is currently operating as an income-producing property. The configuration supports continued rental use across all units or an owner-occupant strategy with two units remaining available for tenants. The property was built in 1949 with frame construction, a composition roof, central heating, central air conditioning, a gas range, and driveway parking.

Located at 503-507 Pearl Street in Denton, the property sits near the historic Denton Square and both local universities. Its setting provides access to nearby dining, entertainment, and campus-oriented activity. The parcel encompasses 0.354 acres, offering a multi-unit residential asset within the 76201 postal area.

Key Highlights

  • Three separate residential units
  • Rental operations already in place
  • Owner‑occupant option with two additional units for tenants

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Furniture & Home Goods Clothing & Fashion Store Florist Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,395
Businesses Nearby

Demographics for 76201, TX

27,610
Population
13,087
Households
2.1
Avg Household Size
26
Median Age
46%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
5,020
Density / Sq Mi
$37,863
Median Household Income
$18,308
Median Earnings
$1,128
Median Rent
$250,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate units support continued rentals or an owner-occupant arrangement.
Where is this triplex located?
The property is located at 503-507 Pearl Street Denton, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Three separate residential units; Rental operations already in place; Owner‑occupant option with two additional units for tenants
More about this property
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