Lakefront Multifamily
New
For Sale
$1,400,000
5280 Atwell Lane, Denton, TX 76208
ResidentialIncome, Denton, TX
Property SizeContact for details
Lot Size1.03 Acres
Days on Market6
Property Features for 5280 Atwell Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
14
Bathrooms
10
Full bathrooms
10
Rooms
Bathroom 5, Bedroom 4, Bedroom 10, Bedroom 6, Bathroom 1, Bathroom 10, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 8, Bedroom 13, Bedroom 1, Bathroom 4, Bathroom 6, Bedroom 5, Bathroom 8, Bedroom 14, Bedroom 9, Bathroom 7, Bathroom 2, Bedroom 11, Bathroom 9, Bedroom 12, Bedroom 7
Parking
14
Parking features
Carport
Interior features
EatInKitchen, HighSpeedInternet, VaultedCeilings
Exterior features
Storage
Appliances
Dishwasher, ElectricOven, ElectricWaterHeater
Subdivision
Reed Camp
Lot features
Backs To Greenbelt Park, Greenbelt, Few Trees, Waterfront
View
Water
Elementary school
Hodge
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 I-35E Head north on Mayhill Rd. Go east on Mckinney St. North on Lakeview ln. East on Atwell Ln. You will run straight into the property at the bottom of the hill. You will see the address sign and entrance.
Standard status
Active
APN
R160849
Lot size
1.03 Acres
Taxes and HOA fees
Tax Description
REED CAMP BLK I LOT 5
Tax Annual Amount
853
Legal Description
REED CAMP BLK I LOT 5
Utilities
Sewer type
Aerobic Septic, Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Wall Unit(s), Multi Units, Central Air
Water source
Private, Well
Water front features
Waterfront, Lake Front
Water front
1
Amenities
covered porch
fully fenced and gated community
security cameras and monitoring equipment
on-site storage container
private well for lawn irrigation
Building Details
Year built
1986
Floors in Building
1
Number of units
8
Flooring type
Carpet, Vinyl
Roof type
Metal
Additional Structures
Storage
Listing Agency:
INC Realty, LLC
Listed By:
Leslie Schmidtke
(972) 351-1095
Added: Sep 20
Changed: Sep 25
Last Checked: Sep 25 at 9:06AM
MLS# 21391558
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 multifamily property comprises eight residences on 1.033 acres, including two three-bedroom, two-bath homes, two two-bedroom, one-bath homes, and four one-bedroom, one-bath cottages. Built in 1986, the community includes covered porches, carport parking, metal roofing, central and wall-unit cooling, and multiple heating systems. A storage container supports on-site lawn and maintenance equipment needs.
Located at 5280 Atwell Lane in Denton, Texas, the property fronts the lake and backs to U.S. Army Corps of Engineers land. Residents have walking access to the water for fishing and outdoor recreation. The fully fenced, gated grounds include security cameras and monitoring equipment. Two city water meters serve the residences, while a private well supports lawn irrigation. The property uses aerobic septic and septic tank systems and is outside city limits with no HOA.
Located at 5280 Atwell Lane in Denton, Texas, the property fronts the lake and backs to U.S. Army Corps of Engineers land. Residents have walking access to the water for fishing and outdoor recreation. The fully fenced, gated grounds include security cameras and monitoring equipment. Two city water meters serve the residences, while a private well supports lawn irrigation. The property uses aerobic septic and septic tank systems and is outside city limits with no HOA.
Key Highlights
- Eight residences across a mix of two three‑bedroom, two‑bath homes; two two‑bedroom, one‑bath homes; and four one‑bedroom, one‑bath cottages
- 1.033 acres with lakefront and waterfront features
- Backing to U.S. Army Corps of Engineers land with walking access to the water
Property Analytics
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Current Use
Lease Details
8
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 76208, TX
27,084
Population
9,440
Households
2.9
Avg Household Size
35
Median Age
35%
College-Educated
90%
High-School Grad
27.4 sq mi
ZIP Area
988
Density / Sq Mi
$90,833
Median Household Income
$46,843
Median Earnings
$1,591
Median Rent
$358,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Eight residences form a gated waterfront community with covered porches, separate utility service, and on-site storage.
Where is this multifamily property located?
The property is located at 5280 Atwell Lane Denton, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Eight residences across a mix of two three‑bedroom, two‑bath homes; two two‑bedroom, one‑bath homes; and four one‑bedroom, one‑bath cottages; 1.033 acres with lakefront and waterfront features; Backing to U.S. Army Corps of Engineers land with walking access to the water
