Updated 3BR Duplex Income
707 & 711 Wolftrap Drive Denton, TX 76209
For Sale
$445,000
MULTI_FAMILY - Denton, TX
Property Size2,692 SF
Lot Size0.20 Acres
Price / SF$165.30
Days on Market8
Property Features for 707 & 711 Wolftrap Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 5, Bathroom 3, Bathroom 2
- Parking
- 5
- Parking features
- Alley, Garage
- Interior features
- EatInKitchen, GraniteCounters, HighSpeedInternet, OpenFloorplan, CableTv, WalkInClosets
- Exterior features
- Lighting, PrivateYard, RainGutters
- Fireplace
- 1
- Appliances
- ConvectionOven, Dryer, Dishwasher, ElectricRange, Disposal, IceMaker, Microwave, Refrigerator, Washer
- Standard status
- Active
- APN
- R96877
- Size
- 2,692 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Description
- THE VILLAGE PH 4 BLK 11 LOT 7
- Tax Annual Amount
- 7045
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Vinyl, Carpet
- Building materials
- Brick
- Roof type
- Composition
Listing Agency:
Keller Williams Legacy
(972) 599-7000
Listed By:
Roxanne DeBerry · License #0202244
(972) 599-7000
Added: Jul 17
Changed: Jul 23
Last Checked: Jul 24 at 7:06PM
MLS# 21271761
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 duplex income property includes two very spacious 3-bedroom, 2-bath units at 707 and 711 Wolftrap Drive. Each home features an open kitchen with a refrigerator and full-size washer and dryer connections, along with a living room that includes a wood-burning fireplace. The primary bedroom is located downstairs and offers a private bath and large walk-in closet, while two additional bedrooms and a full bath are upstairs. Both units also come with a garage with opener and a private yard. Recent improvements include a new roof in 2025 and new siding.
The property backs up to the Cooper Creek Trail, providing direct outdoor access nearby, while still remaining in a convenient area close to colleges, shopping, dining, and parks.
Units are available now, offering a straightforward setup for a buyer seeking an updated duplex configuration.
The property backs up to the Cooper Creek Trail, providing direct outdoor access nearby, while still remaining in a convenient area close to colleges, shopping, dining, and parks.
Units are available now, offering a straightforward setup for a buyer seeking an updated duplex configuration.
Key Highlights
- Two duplex units (707 and 711 Wolftrap) with 3 bedrooms and 2 bathrooms each
- New roof (2025) plus new siding, with brick construction and a composition roof
- Living room with wood‑burning fireplace and open floor plan into the kitchen with granite counters
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.3k | $30.96 |
| − Vacancy | −$8.9k | −$3.31 |
| EGI | $74.4k | $27.65 |
| − OpEx | −$33.5k | −$12.44 |
| NOI | $40.9k | $15.21 |
2,692 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$667.0K
$583.6K – $778.2K
NOI $46,691 @ 7.0% cap · market cap 10.49%
Second Best
Apartment 5plus
$584.8K
$511.7K – $682.3K
NOI $40,935 @ 7.0% cap · market cap 9.20%
Theoretical Best
Office A
$841.1K
$735.9K – $981.3K
NOI $58,875 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two spacious 3-bedroom, 2-bath duplex units with private yards and garages; updated with new roof and siding.
Where is this duplex located?
The property is located at 707 & 711 Wolftrap Drive Denton, TX.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Two duplex units (707 and 711 Wolftrap) with 3 bedrooms and 2 bathrooms each; New roof (2025) plus new siding, with brick construction and a composition roof; Living room with wood‑burning fireplace and open floor plan into the kitchen with granite counters
