Turnkey Duplex For
806 Denton Street Denton, TX 76201
For Sale
$389,000
Completely remodeled duplex offering two units, with updates spanning from foundation to roof.
Property Size1,630 SF
Price / SF$238.65
Days on Market194
Property Features for 806 Denton Street
General Information
- Standard status
- Active
- Size
- 1,630 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1958
Listing Agency:
INC Realty, LLC
(940) 367-2911
Listed By:
Curtis Petersen · License #0697409
(940) 367-2911
Source:
Compass
Added: Jan 10
Changed: Jul 22
Last Checked: Jul 22 at 10:31PM
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 INC Realty, LLC
Investment Insights
Based on property information with market context.
This turnkey duplex has been completely remodeled from top to bottom and is ready for its next owner. Renovations span from the foundation to the roof, with major systems replaced or upgraded and high-end finish-outs throughout. The property is configured as a two-unit duplex, offering flexibility for an owner-occupant or an investor seeking rental income.
Located between the University of North Texas and Texas Woman’s University, the duplex is within walking distance to both campuses. The address is 806 Denton Street, Denton, TX 76201.
The home has been extensively renovated throughout, positioned to support low-maintenance ownership in the near term, and is presented as eligible for FHA financing with as little as 3.5% down.
Located between the University of North Texas and Texas Woman’s University, the duplex is within walking distance to both campuses. The address is 806 Denton Street, Denton, TX 76201.
The home has been extensively renovated throughout, positioned to support low-maintenance ownership in the near term, and is presented as eligible for FHA financing with as little as 3.5% down.
Key Highlights
- Completely remodeled duplex with two total units, construction of brick and 1‑story layout
- Extensive updates spanning from the foundation to the roof and major systems replaced or upgraded
- Central air cooling and central electric heating; high‑speed internet available; cable TV available
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 | $45.4k | $27.84 |
| − Vacancy | −$5.0k | −$3.06 |
| EGI | $40.4k | $24.78 |
| − OpEx | −$12.1k | −$7.43 |
| NOI | $28.3k | $17.34 |
1,630 SF · lease $27.84/SF/yr · vacancy 11.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$403.9K
$353.4K – $471.2K
NOI $28,271 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$354.1K
$309.8K – $413.1K
NOI $24,786 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$509.3K
$445.6K – $594.1K
NOI $35,648 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Completely remodeled duplex offering two units, with updates spanning from foundation to roof.
Where is this duplex located?
The property is located at 806 Denton Street Denton, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Completely remodeled duplex with two total units, construction of brick and 1‑story layout; Extensive updates spanning from the foundation to the roof and major systems replaced or upgraded; Central air cooling and central electric heating; high‑speed internet available; cable TV available
