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Listing provided courtesy of Stag Residential- MLS# 21178275MLS ProviderContact Information: Jeff Withers

3716 N Elm Street #CDenton, TX 76207

Multi-Family · 3,134 Sq. ft. | 0.44 Acres
$495,000 Active

3716 N Elm Street #C Overview

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This property offers a solid income-producing triplex opportunity in Denton, TX, generating $4,220 per month in rental income. The property consists of a front duplex and a detached efficiency unit, providing diversified income streams within a single asset. While the property may benefit from some TLC and cosmetic improvements over time, it is currently leased and producing cash flow, making it an attractive option for investors seeking both immediate income and future upside. Strategic updates could further enhance rental rates and overall value. Conveniently located in North Denton with quick access to I-35 and Loop 288, the property is just a short drive to the University of North Texas (University of North Texas) and Texas Woman’s University (Texas Woman’s University), supporting consistent rental demand from students, faculty, and the local workforce. Nearby retail, dining, and everyday amenities add to tenant appeal. This is a practical multifamily investment in a high-demand rental market, offering stable income today with the opportunity to improve and grow returns over time.

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3716 N Elm Street #C Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,134
  • Price/Sq.ft. $158
  • Lot 0.44 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Denton ISD
  • Elementary School: Evers Park
  • Middle Or Junior School: Calhoun
  • High School: Denton

Building Information

  • Year Built: 1965
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Denton
  • Postal City: DENTON
  • Subdivision Name: Nh Meisenheimer

Tax Information

  • Tax Annual Amount: 6661.0

General Information

  • Listing Terms: Cash,Conventional,Owner Will Carry
  • Parcel Number: R35169
  • Property Sub Type: Triplex
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3134.0

General Information

  • Appliances: Electric Range
  • Flooring: Carpet
  • Foundation Details: Slab
  • Interior Features: Cable TV
  • Levels: One
  • Stories: 1

Unit Information

  • Unit Number: C

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 4.0

Lot Information

  • Lot Size Acres: 0.438
  • Lot Size Area: 0.438
  • Lot Size Square Feet: 19079.28
  • Lot Size Units: Acres
  • Number Of Buildings: 2
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available,Cable Available

Unit Information

Unit 3 Details

  • Unit Type: Efficiency

Unit 1 Details

  • Unit Type: Item2Bedroom
  • Units Total: 3
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3716 N Elm Street #C Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.
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