$395,000

503-507 Pearl Street, Denton, TX 76201

  • 3 beds |
  • 1 bath |
  • 2,392 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon0.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $165/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Opportunity knocks for investors or house-hackers looking to generate income from day one. This three-unit income-producing property offers immediate cash flow with $3,195 in total monthly rental income already in place. Positioned in a highly desirable location just minutes from the historic Denton Square and both local universities, the property benefits from strong and consistent rental demand driven by students, faculty, and professionals who want quick access to dining, entertainment, and campus life. The layout provides flexibility for multiple strategies. Investors can continue operating all three units as rentals for steady income, or an owner-occupant can live in one unit while the other two help offset the mortgage each month—essentially letting your tenants help pay for the property. With three separate units generating income, this property offers diversification under one roof while keeping management simple. The location near major Denton destinations further strengthens long-term rental appeal and future appreciation potential. Whether you're expanding your portfolio, entering the rental market, or looking for a smart live-and-invest opportunity, this property delivers a rare combination of location, flexibility, and built-in income. Income properties this close to the Square and universities don’t come along often—schedule your showing and explore the possibilities.

Listing Status:
Active
Data Last Updated:
August 16, 2026 at 9:18PM
Listing Office:
Stag Residential : (940) 400-7824
Listing Agent:
Jeff Withers :
MLS ID:
21178207
  • General: Cable TV
  • Appliances: Gas Range
  • Flooring: Other
  • A/C: Central Air
  • Heating: Central
  • Pool: None
  • Parking: DrivewayParking spaces: 2
  • Roofing: Composition
  • General: Frame1Pillar/Post/Pier
  • Road/Access: All Weather Road
  • Originating MLS: NTR
  • School District: Denton ISD
  • County: Denton
  • Zoning: CARROLL PARK BLK 1 LOT 1(ALL)2(E25')R32644
  • Utilities: Cable Available
  • Source: NTR

This listing courtesy of Jeff Withers , Stag Residential

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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