1303 Fannin St, Denton, TX 76201

$1,450,000
9
BD
8
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,450,000
Status
ACTIVE
MLS#
21221228
Price Change
▼ $47,000 1786389080
Bedrooms
9
Bathrooms
8
Lot Size
21,043

Property Description

8 Units on Multi-Family Zoned Land Zoned MN Right Next to Each Other at 1305 Fannin, 1316 Margie, 1404 Margie One Block From The University of North Texas, UNT! The Properties are Two Triplexes and a Duplex 100% Rented That Back Up to Each Other and Cashflow Nicely While Staying Easily Rented! There is Always a Line Out the Door to Rent These Units! This Hot Location is Perfect to Build a New Three Story Apartment Complex or Keep It Like It Is! Almost All the Units are Tastefully Updated and Have Backyards! These Units Look Better Than Almost Anything Out There So There’s Always a Rapid Influx of People Wanting to Rent Since Nothing Compares! They Are Walking Distance to UNT, Biking Distance to the Downtown Denton Square, and Driving Distance to TWU. They’re Perfect for College Students or Working Professionals! NO HOA, LOW TAXES, LAND ZONED FOR MULTIFAMILY! There’s Plenty of Upside Potential to Increase Rents Add Additional Units or Build a Brand New Apartment Complex as the Zoning Allows!

Additional Information

Taxes
$8,349
Year Built
1963
Parking Spaces
10
Interior Features
Decorative Designer Lighting Fixtures, Granite Counters, High Speed Internet, Cable TV
Roof
Composition
Appliances
Refrigerator
School District
Denton Isd
Elementary School
Borman
High School
Denton
Middle School
Calhoun
Sewer
Public Sewer
Stories
1
Street Name
Fannin St
Street Number
1303
Water
Public
Acres
0.48
County
Denton
Foundation
Pillar/Post/Pier
Heating
Central, Natural Gas
Lot Description
Back Yard, Lawn, Landscaped

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jonathan King from Scott Brown Properties, Inc. Contact: (940) 243-7368

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.

Last updated: