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Three-Unit Income Property

503-507 Pearl Street Denton, TX 76201

503-507 Pearl Street, Denton, TX, 76201
$395,000
For Sale
$395,000

MULTI_FAMILY - Denton, TX

Lot Size0.35 Acres
Days on Market123

Property Features for 503-507 Pearl Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
Parking
2
Parking features
Driveway
Interior features
CableTv
Appliances
GasRange
Standard status
Active
APN
R32644
Lot size
0.35 Acres

Taxes and HOA fees

Tax Description
CARROLL PARK BLK 1 LOT 1(ALL),2(E25')
Tax Annual Amount
5726

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1949
Floors in Building
1
Number of units
2
Building materials
Frame
Roof type
Composition
Listing Agency Stag Residential
Denton, TX
Listed by Jeff Withers · License #0644917
Added: Mar 17 Checked: Jul 17 at 2:06 pm
MLS# 21178207 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.

This three-unit income-producing property is configured as a triplex-style residential investment, with $3,195 in total monthly rental income already in place. With three separate units generating income, the building supports multiple strategies, whether you plan to keep all units as rentals for steady cash flow or occupy one unit while the other two help offset ownership expenses. The overall layout is designed to give flexibility while maintaining straightforward, consolidated management under one roof.

Located in Denton, the property is positioned just minutes from the historic Denton Square and both local universities. That proximity is a practical advantage for rental demand, drawing tenants who want quick access to dining, entertainment, and campus life. The location near major Denton destinations can also support long-term tenant appeal as rental needs remain tied to the area’s ongoing activity.

For investors and house-hackers, this is a compelling entry point because it combines built-in income with an owner-occupant option. Buyers looking to diversify within a single asset may appreciate the ability to spread income across three units, while first-time investors may value the immediate revenue stream already realized from day one.

Key Highlights

  • Three‑unit income‑producing property with $3,195 in total monthly rental income already in place
  • Option for owner‑occupant living in one unit while renting the other two to help offset the mortgage
  • All units supported by central heating and central air conditioning

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Clothing & Fashion Store Florist (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit residential income property with existing rental income, offering investor flexibility and live-in versatility.
Where is this triplex located?
The property is located at 503-507 Pearl Street Denton, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Three‑unit income‑producing property with $3,195 in total monthly rental income already in place; Option for owner‑occupant living in one unit while renting the other two to help offset the mortgage; All units supported by central heating and central air conditioning
Contact an agent
More about this property
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