Updated Duplex Backing Cooper
707 Wolftrap Drive Denton, TX 76209
707 Wolftrap Drive, Denton, TX, 76209
$449,900
For Sale
$449,900
Spacious 3-bedroom, 2-bath duplex with modern updates and creek access.
Property Size2,692 SF
Price / SF$167.12
Days on Market62
Property Features for 707 Wolftrap Drive
General Information
- Standard status
- Active
- Size
- 2,692 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1984
Listing Agency
Keller Williams Legacy
(214) 676-8040
Listed by
Roxanne DeBerry · License #0202244
(214) 676-8040
Source
Compass
Added: May 17 Checked: Jul 17 at 5:30 am
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 Keller Williams Legacy
Investment Insights
Based on property information with market context.
Located adjacent to Cooper Creek Trail, this property features two updated and spacious 3-bedroom, 2-bath duplexes. Each unit offers comfortable living in a convenient location near colleges and a park. A new roof is planned for 2025, and new siding has been installed. The living room includes a wood-burning fireplace and opens to the kitchen, creating an inviting layout suitable for both daily living and entertaining. The kitchen is equipped with a refrigerator. Full-size washer and dryer connections are available. The primary bedroom, situated downstairs, features a private bath and a large walk-in closet. Upstairs, two additional bedrooms and a full bath provide ample space. Each unit also includes a garage with an opener and a private yard. The property offers direct access to Cooper Creek Trail and is located close to shopping, dining, colleges, and parks. The property size is 2692 square feet.
Key Highlights
- Direct access to Cooper Creek Trail for outdoor enjoyment.
- Spacious 3‑bedroom, 2‑bath duplex with updated features.
- Downstairs primary bedroom features a private bath and large walk‑in closet.
Local Financial Insights For Apartment 5plus
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 | $83.3k | $30.96 |
| − Vacancy | −$8.9k | −$3.31 |
| EGI | $74.4k | $27.65 |
| − OpEx | −$33.5k | −$12.44 |
| NOI | $40.9k | $15.21 |
2,692 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$667.0K
$583.6K – $778.2K
NOI $46,691 @ 7.0% cap · market cap 10.38%
Second Best
Apartment 5plus
$584.8K
$511.7K – $682.3K
NOI $40,935 @ 7.0% cap · market cap 9.10%
Theoretical Best
Office A
$841.1K
$735.9K – $981.3K
NOI $58,875 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious 3-bedroom, 2-bath duplex with modern updates and creek access.
Where is this duplex located?
The property is located at 707 Wolftrap Drive Denton, TX.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Direct access to Cooper Creek Trail for outdoor enjoyment.; Spacious 3‑bedroom, 2‑bath duplex with updated features.; Downstairs primary bedroom features a private bath and large walk‑in closet.
