503-507 Pearl Street Denton, TX $ 395,000
503-507 Pearl Street
$ 395,000
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503-507 Pearl Street

Denton, TX, 76201
$ 395,000
Bedrooms3 Baths2.0

Monthly Estimate*

$ 2,432

503-507 Pearl Street, Denton, TX 76201 - Image 1
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Multi-Family Home for sale in Denton, TX

for $395,000 with 3 bedrooms and 2 full baths. This home was built in 1949 on a lot size of 0.354.

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.

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Multi-Family Active

Price

$ 395,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,726

Style

Multiple Single Units

Lot Size

0.354

Year Built

1949

Town/City

Denton

County/Region

Denton

MLS | Web ID

21178207

Features
Interior
Interior Features Cable TV Available
Flooring Other
Total Units 2
Half Baths 0
Total Bedrooms 3
Total Baths 1
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General
Heating Central
Complex Name Carroll Park
Cooling Central Air
Utilities All Weather Road
Possession Negotiable
Roof Composition
Appliances Gas Range
School District Denton ISD
Pool Y/N 0
Year Built 1949
Levels One
Property Subtype Multiple Single Units
Subdivision Name Carroll Park
Occupant Type Tenant
County Denton
Property Type Residential Income
Construction Materials Frame
Year Built Details Preowned
HOA Type None
# of Buildings 2
Full Baths 1
Status Active
Directions North on Carroll Blvd toward Crescent St Turn Left onto Crescent Left on Denton St turn left onto Pearl destination on Right
City Denton
Elementary School Name Wilson
High School Denton
Elementary School Wilson
Standard Status Active
Listing Terms Cash Conventional Owner Will Carry
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Exterior
Waterfront 0
Parking Features Driveway
Foundation Pillar/Post/Pier
Building Area Total 2392.00
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Internal Only
Street Number 1 503
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* Excluded Features
List By
Jeff Withers

Listing Agent

Stag Residential

Broker

Affordability Calculator

$2,909
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$477
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3936327 Elementary School
3672458 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2026$395,000 -1.25% Price Down
2/12/2026$400,000 Listed Price

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503-507 Pearl Street, Denton, TX, 76201 is a Multi-Family Home for sale at $395,000 with a lot size of 0.354. 503-507 Pearl Street has 3 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 76201 which is in Denton, TX