Duplex Under
3204-3206 Long Rope Lane Denton, TX 76205
3204-3206 Long Rope Lane, Denton, TX, 76205
$699,900
For Sale
$699,900
MULTI_FAMILY - Denton, TX
Property Size4,046 SF
Lot Size0.17 Acres
Price / SF$172.99
Days on Market8
Property Features for 3204-3206 Long Rope Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bedroom 3, Bedroom 8, Bathroom 3, Bedroom 7, Bathroom 5, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 6, Bedroom 6, Bedroom 5, Bedroom 4
- Parking
- 2
- Parking features
- Garage
- Interior features
- DecorativeDesignerLightingFixtures, KitchenIsland, OpenFloorplan, Pantry, WalkInClosets
- Exterior features
- Lighting, PrivateYard
- Fencing
- Fenced
- Appliances
- Dishwasher, ElectricRange, Disposal, Microwave
- Standard status
- Active
- APN
- 3204-3206 Long Rope
- Lot size
- 0.17 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Laminate, Tile
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
HomesUSA.com
(888) 872-6006
Addison, TX
Listed by
Ben Caballero · License #0096651
(469) 916-5470
Added: Jul 10 Checked: Jul 17 at 6:06 pm
MLS# 21095098
Listing URL
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.
A duplex is under construction in the Eagle Cove Duplex community, with completion projected for August 2026. The property will include two separate halves, for a total of 4,046 square feet, with each unit offering four bedrooms and 2.5 bathrooms. Each side is planned with a one-car garage and a private, fenced-in backyard.
The listing indicates proximity to UNT and TWU, with 100 retail stores within five minutes. The property is located in Denton, TX.
New construction includes a 10-year structural warranty plus additional coverage noted for electrical and plumbing, along with an appliance warranty and a one-year builder warranty.
The listing indicates proximity to UNT and TWU, with 100 retail stores within five minutes. The property is located in Denton, TX.
New construction includes a 10-year structural warranty plus additional coverage noted for electrical and plumbing, along with an appliance warranty and a one-year builder warranty.
Key Highlights
- Duplex under construction (Eagle Cove Duplex) with Aug 2026 completion; 10‑year structural warranty plus shorter electrical/plumbing coverage
- Total 4,046 SF: each half is 2,023 SF with 4 bedrooms and 2.5 bathrooms
- Each unit includes a 1‑car garage and a private fenced‑in backyard
Local 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 | $125.3k | $30.96 |
| − Vacancy | −$13.4k | −$3.31 |
| EGI | $111.9k | $27.65 |
| − OpEx | −$50.3k | −$12.44 |
| NOI | $61.5k | $15.21 |
4,046 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.00M
$877.2K – $1.17M
NOI $70,175 @ 7.0% cap · market cap 10.03%
Second Best
Apartment 5plus
$878.9K
$769.0K – $1.03M
NOI $61,523 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$1.26M
$1.11M – $1.47M
NOI $88,487 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex being built with two units, each featuring four bedrooms, 2.5 baths, and a one-car private garage.
Where is this duplex located?
The property is located at 3204-3206 Long Rope Lane Denton, TX.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Duplex under construction (Eagle Cove Duplex) with Aug 2026 completion; 10‑year structural warranty plus shorter electrical/plumbing coverage; Total 4,046 SF: each half is 2,023 SF with 4 bedrooms and 2.5 bathrooms; Each unit includes a 1‑car garage and a private fenced‑in backyard
