Search
Duplex with Fenced Backyards
For Sale
$624,500

400-402 Trailhead Lane, Denton, TX 76205

ResidentialIncome, Denton, TX

Property Size3,336 SF
Lot Size0.19 Acres
Price / SF$187.20
Days on Market97

Property Features for 400-402 Trailhead Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 6
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 4, Bathroom 1, Bathroom 6, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 5, Bedroom 4
Parking 2
Parking features Garage
Interior features DecorativeDesignerLightingFixtures, KitchenIsland, OpenFloorplan, Pantry, WalkInClosets
Fencing Fenced
Appliances Dishwasher, ElectricRange, Disposal, Microwave
Subdivision Eagle Cove
Lot features Corner Lot
Elementary school Rivera
Middle school Bettye Myers
High school Ryan H S
Elementary school district Denton ISD
Middle school district Denton ISD
High school district Denton ISD
Directions From Loop 828, turn onto Duchess Dr. Community will be on your left
Standard status Active
APN 400-402 Trailhead
Lot size 0.19 Acres

Taxes and HOA fees

HOA Fee $600 Annually

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

fenced-in backyard with mature trees

Building Details

Year built 2025
Floors in Building 2
Number of units 2
Flooring type Tile, Carpet, Laminate
Building materials Brick
Roof type Composition
Listing Agency: HomesUSA.com
Listed By: Ben Caballero
Added: Jul 17 Changed: Oct 15 Last Checked: Oct 21 at 5:06AM
MLS# 20939183

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This brick duplex in Denton totals 3,336 square feet, with 1,668 square feet in each residence. Both sides have three bedrooms, 2.5 bathrooms, a one-car garage, and a fenced backyard with mature trees. The property was built in 2025 and is under construction. Interior features include an open floor plan, kitchen island, pantry, and walk-in closets; appliances include a dishwasher, electric range, disposal, and microwave.

The property is minutes from the TWU and UNT campuses, with access to downtown Denton, Frisco, McKinney, and Dallas. The 0.19-acre site has public water and sewer service.

Key Highlights

  • 3,336‑square‑foot duplex with 1,668 square feet in each residence
  • Each side has 3 bedrooms, 2.5 bathrooms, and a 1‑car garage
  • Private fenced backyards with mature trees

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,727
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,014,540 $1.0M
Cap Rate 7%
$724,671 $724.7K
Cap Rate 9%
$563,633 $563.6K
Market Conditions
NOI Build-Up for 3,336 SF
Gross rent
$103.3K $30.96/SF
− Vacancy
−$11.1K −$3.31/SF
EGI
$92.2K $27.65/SF
− OpEx
−$41.5K −$12.44/SF
NOI
$50.7K $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%
$1,014,540
Cap Rate 7%
$724,671
Cap Rate 9%
$563,633

Alternative Uses

Best Use
Multifamily LT 5
$826.6K
$723.3K – $964.4K (±1% cap)
NOI $57,861 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$724.7K
$634.1K – $845.5K (±1% cap)
NOI $50,727 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$1.04M
$912.0K – $1.22M (±1% cap)
NOI $72,959 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes a private outdoor area, a garage, and a three-bedroom layout.
Where is this duplex located?
The property is located at 400-402 Trailhead Lane Denton, TX.
What is the asking price?
The asking price for this property is $624,500.
What are key features of this property?
This property features: 3,336‑square‑foot duplex with 1,668 square feet in each residence; Each side has 3 bedrooms, 2.5 bathrooms, and a 1‑car garage; Private fenced backyards with mature trees
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again