Brick Duplex with Two Separate
424 Casie Court Denton, TX 76207
New
424 Casie Court, Denton, TX, 76207
$389,900
For Sale
$389,900
Two fully separate 3-bedroom, 2-bath duplex units with fenced backyards and single-car garages.
Property Size1,996 SF
Price / SF$195.34
Days on Market3
Property Features for 424 Casie Court
General Information
- Standard status
- Active
- Size
- 1,996 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1997
Listing agency
Stag Residential
(940) 400-7824
Listed by
Rene Jensen · License #0644917
(214) 532-6823
Source
Lonestarluxuryrealty
Added: Jul 20 Updated: Jul 21 at 6:16PM Checked: Jul 21 at 6:16PM
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 Stag Residential
Investment Insights
Based on property information with market context.
A brick duplex offering two fully separate 3-bedroom, 2-bath units under one roof. Each side provides about 998 square feet, a single-car garage, and a private fenced backyard for separation between tenants or households. Interiors include white kitchen cabinetry and plank-style flooring through the main living areas, with ceiling fans in every room. One unit features a wood-burning fireplace as a living room focal point and a sliding glass door to a private, fenced patio area.
Set on a quiet cul-de-sac on Denton’s north side, the property is minutes from UNT, TWU, and UNT Discovery Park. The lot backs to a mature tree line and open green space, creating a privacy buffer unusual for in-town addresses.
One side is currently leased and producing income, while the other sits vacant and ready for a new owner. This setup may suit an owner-occupant who wants to live in one unit while the other helps cover the mortgage, or an investor looking to add both doors to a portfolio at the same time.
Set on a quiet cul-de-sac on Denton’s north side, the property is minutes from UNT, TWU, and UNT Discovery Park. The lot backs to a mature tree line and open green space, creating a privacy buffer unusual for in-town addresses.
One side is currently leased and producing income, while the other sits vacant and ready for a new owner. This setup may suit an owner-occupant who wants to live in one unit while the other helps cover the mortgage, or an investor looking to add both doors to a portfolio at the same time.
Key Highlights
- Brick duplex built in 1997 with two fully separate 3‑bedroom, 2‑bath units under one roof
- Each unit offers 998 SF, plus a single‑car garage and its own fenced backyard for separation between tenants
- One side is currently leased and producing income; the other unit is vacant and ready for a new owner
Local Financial Insights For Multifamily LT 5
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 | $55.6k | $27.84 |
| − Vacancy | −$6.1k | −$3.06 |
| EGI | $49.5k | $24.78 |
| − OpEx | −$14.8k | −$7.43 |
| NOI | $34.6k | $17.34 |
1,996 SF · lease $27.84/SF/yr · vacancy 11.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$494.6K
$432.7K – $577.0K
NOI $34,619 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$433.6K
$379.4K – $505.9K
NOI $30,351 @ 7.0% cap · market cap 7.78%
Theoretical Best
Office A
$623.6K
$545.7K – $727.6K
NOI $43,653 @ 7.0% cap · market cap 11.20%
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 - Two fully separate 3-bedroom, 2-bath duplex units with fenced backyards and single-car garages.
Where is this duplex located?
The property is located at 424 Casie Court Denton, TX.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Brick duplex built in 1997 with two fully separate 3‑bedroom, 2‑bath units under one roof; Each unit offers 998 SF, plus a single‑car garage and its own fenced backyard for separation between tenants; One side is currently leased and producing income; the other unit is vacant and ready for a new owner
