Owsley Park Homes with Curbs Community Features

Welcome to Owsley Park, a hidden gem nestled in the heart of Denton, Texas. This charming subdivision is a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, professionals, and retirees alike. Owsley Park is characterized by its beautifully designed homes, each adorned with inviting curbs that enhance the neighborhood's aesthetic appeal.

As you stroll through Owsley Park, you'll be captivated by the lush greenery and well-maintained landscapes that create a serene environment. The community features a variety of amenities that promote a vibrant lifestyle. Residents can enjoy leisurely walks along scenic paths, engage in friendly gatherings at the local parks, or simply unwind in their own backyards surrounded by nature.

The homes in Owsley Park are thoughtfully designed with modern features and spacious layouts, ensuring comfort and style. Each residence reflects a commitment to quality and craftsmanship, providing a warm and welcoming atmosphere for families to create lasting memories.

Conveniently located in Denton County, Owsley Park offers easy access to a wealth of shopping, dining, and entertainment options. With top-rated schools nearby, families can rest assured that their children are receiving an excellent education.

Discover the charm of Owsley Park and experience the perfect blend of community spirit and modern living. Whether you're looking to settle down or invest in a vibrant neighborhood, Owsley Park is a place where you can truly feel at home. Come explore the possibilities that await you in this delightful subdivision!

Newest Owsley Park Homes with Curbs Community Features

$3,495,000

59 Beds ⋅ 31 Baths ⋅ 21408420 MLS ⋅ Center Stage Apartments BLDG.

Location. 31 units, 22,350 rentable SF, at 2320 W. Prairie St., Denton, TX: a 6-8 minute walk (0.3 mi) to UNT's Union Circle campus, half a mile to Fry Street. No new supply gets close. The Renegade (104 units, downtown) and NRP Village (under construction through 2027) sit 1.1 and 1.6 miles out, so a location this convenient for students is tough to find. Condition. Built 1974, comprehensively renovated 2016-17: new HVAC, electrical (brought to code), stainless appliances, LVT flooring, new siding and windows, rebuilt staircases, plus a commercial water heater installed around 2021. Roof estimated 2014. On-site coin laundry adds a small, stable income stream. The renovation is now nearly ten years old, so refreshing units is a straightforward value-add play to increase rents. Occupancy. Denton-wide rent softness from new supply (down ~4.5% over the past year) has this property at 77% leased. None of the new supply driving that softness is anywhere close to this location, the nearest sits over a mile out. Supply competes on price across the student market, and proximity fills first when demand returns. Demand is anchored by UNT's ~43,500 students plus TWU down the road. Returns. Trailing NOI of $198,408 puts the cap rate at 5.7% on the $3,495,000 ask. In-place rents ($1,040 for 2br, $825 for 1br) run well below nearby comps: Oaks of Denton ($930-960 for 1br, $1,199 for 2br), The Dominion ($895 for 1br, $1,095 for 2br). Filling vacancies and pushing rents to $1,150 for $875, conservative next to those comps, gets NOI to $222,063 and a 6.4% cap rate. Utility bill back (water, gas, trash, all owner-paid today) adds further upside not reflected above, alongside low-cost items like a resurfaced lot and exterior branding.

2320 W Prairie St, Denton

$4,300,000

47 Beds ⋅ 24 Baths ⋅ 21194900 MLS ⋅ N/A BLDG.

24 Unit Apartment Buildings (12 & 12) 1 Block from UNIVERSITY OF NORTH TEXAS CAMPUS! Over the last few years, owner has spent large sums of money to not only Remodel Units but to significantly improve the infrastructure. All old HVAC systems replaced, Many of the Gas Water Heaters replaced, Most flooring and Paint in the last 2 years. Some units have undergone further remodeling with new kitchens with more cabinet space. All but 1 unit are 2 bedroom 1 bath. Most come with all stainless appliances including dishwashers. The ones with new kitchens excluded dishwashers as requested by many tenants who prefer cabinet space. Market rents have been low to accommodate construction both on the street and in the building. Now is your opportunity to put your finishing touches to make it shine and raise rents back up to $1400 or $1500 per unit as we did prior to last year's construction. Take advantage of the potential upswing. Great for your first apartment complex or experts increasing their portfolio.

2404 Louise St Unit 2404 & 2420, Denton

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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