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New Construction Duplex with Fenced Yards
For Sale
$699,900

504-506 Trailhead Ln, Denton, TX 76205

Two separate residences provide four bedrooms, private outdoor space, and individual one-car garages.

Property Size4,046 SF
Price / SF$172.99
Days on Market172

Property Features for 504-506 Trailhead Ln

General Information

Standard status Active
Size 4,046 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 2,023sf, 4BR/2.5BA
Multifamily Units 2
Parking per Unit 1

Additional Details

HOA Fee $50

Building Details

Year Built 2025
Listing Agency: HomesUSA.com
Listed By: Ben Caballero · License #0096651
Source: Thecamigroup
Added: Mar 13 Changed: Aug 29 Last Checked: Aug 30 at 8:44PM

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 HomesUSA.com

Investment Insights

Based on property information with market context.

This 2025 duplex contains 4,046 square feet, divided into two 2,023-square-foot residences. Each side includes four bedrooms, two-and-a-half bathrooms, a one-car garage, and a private fenced backyard. Interior features include open living areas, kitchen islands, pantries, walk-in closets, central air, electric appliances, and a combination of carpet, laminate, and tile flooring. The property is built on a slab with brick and composition exterior materials.

Located at 504-506 Trailhead Lane in Denton, the property is near UNT and TWU, with 100 retail stores within 5 minutes. DFW Airport is 27 miles away, while downtown Dallas and downtown Fort Worth are 39 miles and 35 miles away, respectively.

The duplex is under construction and includes a 10-year structural warranty, 2-year electrical and plumbing warranties, new appliance warranty coverage, and a 1-year builder warranty. The community is described as investor friendly.

Key Highlights

  • 2025 duplex totaling 4,046 square feet
  • Two 2,023‑square‑foot residences, each with 4 bedrooms and 2.5 bathrooms
  • Each unit includes a 1‑car garage and private fenced backyard

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,523
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.79%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,230,460 $1.2M
Cap Rate 7%
$878,900 $878.9K
Cap Rate 9%
$683,589 $683.6K
Market Conditions
NOI Build-Up for 4,046 SF 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.
Gross rent
$125.3K $30.96/SF
− Vacancy
−$13.4K −$3.31/SF
EGI
$111.9K $27.65/SF
− OpEx
−$50.3K −$12.44/SF
NOI
$61.5K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,230,460
Cap Rate 7%
$878,900
Cap Rate 9%
$683,589

Alternative Uses

Best Use
Multifamily LT 5
$1.00M
$877.2K – $1.17M (±1% cap)
NOI $70,175 @ 7.0% cap · market cap 10.03%
Second Best
Apartment 5plus
$878.9K
$769.0K – $1.03M (±1% cap)
NOI $61,523 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$1.26M
$1.11M – $1.47M (±1% cap)
NOI $88,487 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Nail Salon Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences provide four bedrooms, private outdoor space, and individual one-car garages.
Where is this duplex located?
The property is located at 504-506 Trailhead Ln 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: 2025 duplex totaling 4,046 square feet; Two 2,023‑square‑foot residences, each with 4 bedrooms and 2.5 bathrooms; Each unit includes a 1‑car garage and private fenced backyard
More about this property
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