Duplex With Separate
For Sale
$429,900
320 W Congress St, Denton, TX 76201
Two matching residences combine private access, individual utilities, outdoor space, and dedicated parking near Downtown Denton.
Property Size2,062 SF
Price / SF$208.49
Days on Market60
Property Features for 320 W Congress St
General Information
Standard status
Active
Size
2,062 SF
Property subtype
Multi-Family
Zoning
R7
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Parking per Unit
3
Additional Details
Utilities to Site
Yes
Amenities
separate entrance
storage shed
backyard
Building Details
Year Built
1983
Buildings
1
Listing Agency:
Fathom Realty, LLC
Listed By:
Patricia Gonzalez · License #0671082
(940) 206-6884
Source:
Christenberrygroup
Added: Aug 21
Changed: Oct 6
Last Checked: Oct 7 at 3:11PM
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 Fathom Realty, LLC
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Investment Insights
Based on property information with market context.
Built in 1983, this full duplex contains two residences, each with 2 bedrooms, 2 full bathrooms, a separate entrance, and an open arrangement connecting the living, dining, and kitchen areas. Separate utility meters serve each side. The property also includes dedicated parking for approximately 3 vehicles per unit, one storage shed per residence, and shaded backyard areas with mature trees. A new AC unit and furnace have been installed on the 320 side.
Located at 320–322 W Congress Street, the duplex is near the historic Downtown Denton Square, local restaurants, coffee shops, shopping, live music, and community festivals. Osteria il Muro and L’Amitié Bistro are steps away, while TWU and UNT are within easy reach. R7 zoning is in place; permitted uses, short-term rental eligibility, measurements, and applicable City requirements should be independently verified.
Located at 320–322 W Congress Street, the duplex is near the historic Downtown Denton Square, local restaurants, coffee shops, shopping, live music, and community festivals. Osteria il Muro and L’Amitié Bistro are steps away, while TWU and UNT are within easy reach. R7 zoning is in place; permitted uses, short-term rental eligibility, measurements, and applicable City requirements should be independently verified.
Key Highlights
- Two‑unit property at 320–322 W Congress Street near the historic Downtown Denton Square
- Each residence includes 2 bedrooms, 2 full bathrooms, a separate entrance, and an open living, dining, and kitchen area
- Separate utility meters serve both sides of the duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,764
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,280
$715.3K
Cap Rate 7%
$510,914
$510.9K
Cap Rate 9%
$397,378
$397.4K
Market Conditions
NOI Build-Up for 2,062 SF
Gross rent
$57.4K $27.84/SF
− Vacancy
−$6.3K −$3.06/SF
EGI
$51.1K $24.78/SF
− OpEx
−$15.3K −$7.43/SF
NOI
$35.8K $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%
$715,280
Cap Rate 7%
$510,914
Cap Rate 9%
$397,378
Alternative Uses
Best Use
Multifamily LT 5
$510.9K
$447.1K – $596.1K
NOI $35,764 @ 7.0% cap · market cap 8.32%
Second Best
Apartment 5plus
$447.9K
$391.9K – $522.6K
NOI $31,355 @ 7.0% cap · market cap 7.29%
Theoretical Best
Office A
$644.2K
$563.7K – $751.6K
NOI $45,096 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,244
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences combine private access, individual utilities, outdoor space, and dedicated parking near Downtown Denton.
Where is this duplex located?
The property is located at 320 W Congress St Denton, TX.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Two‑unit property at 320–322 W Congress Street near the historic Downtown Denton Square; Each residence includes 2 bedrooms, 2 full bathrooms, a separate entrance, and an open living, dining, and kitchen area; Separate utility meters serve both sides of the duplex
