Denton, TX 76207 3215 Fallmeadow Street
$725,000



7 more








Presented By: MARILYN NEWLAND with KELLER WILLIAMS REALTY; 940-484-9411
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Investing in real estate is one of the smartest moves you'll ever make and this is the perfect property to get you there. This quadruplex has been very well maintained and is currently leased, with the exception of one downstairs unit. Each unit has 2 bedrooms, with 2 full baths, a nice sized dining area and spacious kitchen with refrigerator. There is a separate laundry room, with a combination washer-dryer set. The upstairs units have a balcony in the rear and covered porch in the front. Downstairs there is a covered front porch and rear fenced patio. Each of the bedrooms has a ceiling fan and the primary bedroom has a large walk-in closet; the carpet has regularly been replaced every couple of years. Both bathrooms have nice wall cabinets for extra storage. One of the most attractive features about this property is the location -it's really close to the elementary school and the amazing new Denton High School. It's literally just down the street from UNTs Discovery Park, 2 minutes from the tennis and pickleball court and 5 minutes from the huge North Lakes Park complex. There's a bus stop at the end of the street for easy access to all the other amenities in this area, including the ever expanding Rayzor Ranch. This really is one of the best investment properties out there so don't let it get snapped up by another savvy investor!
Presented By: MARILYN NEWLAND with KELLER WILLIAMS REALTY; 940-484-9411
Interior Features for 3215 Fallmeadow Street
Bedrooms
Total Bedrooms8
Bathrooms
Half Baths0
Total Baths8
Other Interior Features
FlooringCarpet, Ceramic Tile
Interior FeaturesCable TV Available, Decorative Lighting, High Speed Internet Available, Walk-In Closet(s)
Lock Box TypeBlue BT LE
Total Units4
Unit Count4
Window FeaturesWindow Coverings
General for 3215 Fallmeadow Street
# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Capitalization Rate6.34
CityDenton
Complex Namenone
Construction MaterialsBrick, Siding
CoolingCentral Air, Electric
CountyDenton
DirectionsFrom N. Loop 288, exit Hwy. 77. Go south past Riney Rd. to Fallmeadow and turn north ( left). Property is on your left.
Elementary SchoolEvers Park
Elementary School NameEvers Park
Full Baths8
Gross Annual Expenses4300.00
HOA TypeNone
HeatingCentral, Electric
High SchoolDenton
Insurance Expense2700
LevelsTwo
Listing TermsCash, Conventional, FHA
Occupant TypeVacant
Operating Expense IncludesInsurance, Maintenance Grounds, Maintenance Structure
Pool Y/NNo
PossessionClosing/Funding, Subject to Lease
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
School DistrictDenton ISD
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Special NotesSurvey Available
Standard StatusActive
StatusActive
Subdivision NameDenton North 2
TenancyLease While on Market, Over 9 Months, Pet Restrictions, Written Application Only
Unexempt Taxes6018
UtilitiesCable Available, City Sewer, City Water, Community Mailbox, Concrete, Curbs, Electricity Available, Individual Water Meter, Sewer Available
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1985
Year Built DetailsPreowned
Exterior for 3215 Fallmeadow Street
Building Area Total3832.00
Exterior FeaturesBalcony, Covered Patio/Porch
FencingPartial, Privacy, Wood
Foundation Slab
Garage Y/NNo
Lot Size Acres0.2310
Lot Size Area0.2310
Lot Size SourceAssessor
Lot Size Square Feet10062.3600
Lot Size UnitsAcres
Number Of Parking Spaces5
Parking FeaturesConcrete, Off Street, Open
Patio And Porch FeaturesCovered, Front Porch, Patio
Additional Details
Price History
Schools
Elementary School
Evers Park Elementary School
Middle School
N/A
High School
N/A

Suzanne Smith
Broker/Owner