Denton, TX 76201 1303 Fannin Street
$1,700,000



35 more




































Presented By: Jonathan King with Scott Brown Properties, Inc; (940) 243-7368
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
8 Units Right Next to Each Other at 1305 Fannin, 1316 Margie, 1404 Margie and Zoned MN a Block from The University of North Texas! The Properties are Two Triplexes and a Duplex 100% Rented That Back Up to Each Other and Cashflow Nicely While Staying Easily Rented! 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!
Presented By: Jonathan King with Scott Brown Properties, Inc; (940) 243-7368
Interior Features for 1303 Fannin Street
Bedrooms
Total Bedrooms9
Bathrooms
Half Baths0
Total Baths8
Other Interior Features
Fireplaces Total0
FlooringLaminate, Varies, Wood
Interior FeaturesCable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available
Lock Box TypeNone
Occupancy Rate100
Total Units8
Unit Count5
General for 1303 Fannin Street
# of Buildings3
AppliancesRefrigerator
Capitalization Rate6.23
Carport Spaces
CityDenton
Complex NameNA
Construction MaterialsSiding, Wood
CoolingCentral Air, Electric
CountyDenton
DirectionsGPS is great 🙂
Elementary SchoolBorman
Elementary School NameBorman
Full Baths8
Gross Annual Expenses12840.00
HOA TypeNone
HeatingCentral, Natural Gas
High SchoolDenton
Insurance Expense6200
LevelsOne
Listing Terms1031 Exchange, Cash, Conventional
Number of Garage Spaces0
Occupant TypeTenant
Operating Expense IncludesInsurance, Trash, Utilities, Water/Sewer
Pool Y/NNo
PossessionLease Outstanding, Subject to Lease
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictDenton ISD
Standard StatusActive
StatusActive
Subdivision NameEwing Add
Unexempt Taxes8349
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1963
Year Built DetailsPreowned
Exterior for 1303 Fannin Street
Attached Garage Y/NNo
Building Area Total3709.00
Covered Spaces
FencingChain Link, Wood
Foundation Pillar/Post/Pier
Garage Y/NNo
Lot FeaturesLandscaped, Lrg. Backyard Grass
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.4831
Lot Size Area0.4831
Lot Size Square Feet21043.8360
Lot Size UnitsAcres
Number Of Parking Spaces10
Parking FeaturesOff Street
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Borman Elementary School
Middle School
N/A
High School
N/A

Suzanne Smith
Broker/Owner