Two-Unit Brick
New
For Sale
$625,000
1726-1728 Stonegate Drive, Denton, TX 76205
ResidentialIncome, Denton, TX
Property Size3,688 SF
Lot Size0.29 Acres
Price / SF$169.47
Days on Market3
Property Features for 1726-1728 Stonegate Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 6, Bathroom 6, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 1
Parking
4
Parking features
Open, Garage
Patio and Porch features
Patio
Interior features
DecorativeDesignerLightingFixtures, HighSpeedInternet, CableTv, WalkInClosets
Exterior features
RainGutters
Fireplace
1
Appliances
Dishwasher, ElectricOven, ElectricRange, Disposal
Subdivision
Southridge
Lot features
Interior Lot, Landscaped, Few Trees
Elementary school
Houston
Middle school
Crownover
High school
Denton
Elementary school district
Denton ISD
Middle school district
Denton ISD
High school district
Denton ISD
Directions
1726 Stonegate Dr Denton TX
Standard status
Active
APN
R27332
Size
3,688 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Description
SOUTHRIDGE BLK 2 LOT 3 3/2022 // J MCGOWAN AB
Tax Annual Amount
10638
Legal Description
SOUTHRIDGE BLK 2 LOT 3 3/2022 // J MCGOWAN AB
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air, Electric, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1976
Floors in Building
2
Number of units
2
Flooring type
Carpet, Laminate, Tile
Building materials
Brick
Roof type
Composition
Listing Agency:
RE/MAX DFW Associates IV · RE/MAX International
(972) 539-3550
Listed By:
Alexa Goodman
(972) 462-8181
Added: Oct 5
Last Checked: Oct 7 at 4:06AM
MLS# 21401985
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 3,688-square-foot brick duplex contains two residences, each with an open layout, vaulted ceilings, a brick fireplace, and three bedrooms. The primary bedroom is on the first floor, with two additional bedrooms upstairs. Each side also has a private driveway, a two-car garage, and a fenced backyard. The property was built in 1976 and occupies 0.285 acres.
The duplex is directly across from a park and has access to I-35. Unit 1728 is leased through April 2027. Updates include HVAC systems in both units, installed in 2024 at 1726 and 2023 at 1728. Unit 1726 also received a water heater in September 2026 and a split sprinkler system in 2023; unit 1728’s water heater was installed in 2020. Both units have updated windows and appliances.
The duplex is directly across from a park and has access to I-35. Unit 1728 is leased through April 2027. Updates include HVAC systems in both units, installed in 2024 at 1726 and 2023 at 1728. Unit 1726 also received a water heater in September 2026 and a split sprinkler system in 2023; unit 1728’s water heater was installed in 2020. Both units have updated windows and appliances.
Key Highlights
- Two residences totaling 3,688 square feet
- 0.285‑acre parcel; brick construction, built in 1976
- Each unit has three bedrooms, a private driveway, a two‑car garage, and a fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,080
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,121,600
$1.1M
Cap Rate 7%
$801,143
$801.1K
Cap Rate 9%
$623,111
$623.1K
Market Conditions
NOI Build-Up for 3,688 SF
Gross rent
$114.2K $30.96/SF
− Vacancy
−$12.2K −$3.31/SF
EGI
$102.0K $27.65/SF
− OpEx
−$45.9K −$12.44/SF
NOI
$56.1K $15.21/SF
Area
Denton, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,121,600
Cap Rate 7%
$801,143
Cap Rate 9%
$623,111
Alternative Uses
Best Use
Multifamily LT 5
$913.8K
$799.6K – $1.07M
NOI $63,966 @ 7.0% cap · market cap 10.23%
Second Best
Apartment 5plus
$801.1K
$701.0K – $934.7K
NOI $56,080 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,657 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,171
Businesses Nearby
Explore this area
Business Placement
Demographics for 76205, TX
18,969
Population
8,114
Households
2.3
Avg Household Size
29
Median Age
39%
College-Educated
88%
High-School Grad
8.3 sq mi
ZIP Area
2,285
Density / Sq Mi
$65,322
Median Household Income
$31,173
Median Earnings
$1,368
Median Rent
$307,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private driveway, a two-car garage, and a fenced backyard.
Where is this duplex located?
The property is located at 1726-1728 Stonegate Drive Denton, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two residences totaling 3,688 square feet; 0.285‑acre parcel; brick construction, built in 1976; Each unit has three bedrooms, a private driveway, a two‑car garage, and a fenced backyard
