Updated
205 Taliaferro Street, Denton, TX 76201
For Sale
New
$215,000
One residence is leased, and the second is being prepared for occupancy.
Property Size924 SF
Price / SF$232.68
Days on Market4
Property Features for 205 Taliaferro Street
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Tenant in Place
Building Details
Year Built
Listing Agency:
Keller Williams Realty
(817) 455-0939
Listed By:
Cameron Johnson
(214) 886-3359
Source:
Mainstreethomeguide
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 7:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
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Investment Insights
Based on property information with market context.
This 1973 duplex contains 924 square feet. Recent work includes a new hot water heater, a repainted exterior, and a concrete driveway serving one side. Both residences have been cared for, with one currently leased and the other in the process of being rented.
The property is at 205 Taliaferro Street in Denton, Texas.
The property is at 205 Taliaferro Street in Denton, Texas.
Key Highlights
- Two‑unit duplex built in 1973
- One residence currently leased; the other is being rented
- New hot water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,026
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,520
$320.5K
Cap Rate 7%
$228,943
$228.9K
Cap Rate 9%
$178,067
$178.1K
Market Conditions
NOI Build-Up for 924 SF
Gross rent
$25.7K $27.84/SF
− Vacancy
−$2.8K −$3.06/SF
EGI
$22.9K $24.78/SF
− OpEx
−$6.9K −$7.43/SF
NOI
$16.0K $17.34/SF
Area
Denton, TX
Vacancy
11.00%
Lease Rate
$27.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,520
Cap Rate 7%
$228,943
Cap Rate 9%
$178,067
Alternative Uses
Best Use
Multifamily LT 5
$228.9K
$200.3K – $267.1K
NOI $16,026 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$200.7K
$175.6K – $234.2K
NOI $14,050 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$288.7K
$252.6K – $336.8K
NOI $20,208 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
886
Businesses Nearby
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Business Placement
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
$250,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Denton, TX
Properties on Market for Duplexes in Denton
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is leased, and the second is being prepared for occupancy.
Where is this duplex located?
The property is located at 205 Taliaferro Street Denton, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1973; One residence currently leased; the other is being rented; New hot water heater
