Denton, TX 76201 503-507 Pearl Street
$395,000



4 more




Presented By: Stag Residential
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Stag Residential
Interior Features for 503-507 Pearl Street
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
FlooringOther
Interior FeaturesCable TV Available
Lock Box TypeBlue iBox
Total Units2
Unit Count3
General for 503-507 Pearl Street
# of Buildings2
AppliancesGas Range
Capitalization Rate0.00
CityDenton
Complex NameCarroll Park
Construction MaterialsFrame
CoolingCentral Air
CountyDenton
DirectionsNorth on Carroll Blvd toward Crescent St Turn Left onto Crescent, Left on Denton St, turn left onto Pearl, destination on Right
Elementary SchoolWilson
Elementary School NameWilson
Full Baths1
Gross Annual Expenses0.00
HOA TypeNone
HeatingCentral
High SchoolDenton
Insurance Expense
LevelsOne
Listing TermsCash, Conventional, Owner Will Carry
Occupant TypeTenant
Pool Y/NNo
PossessionNegotiable
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictDenton ISD
Standard StatusActive
StatusActive
Subdivision NameCarroll Park
Unexempt Taxes5726
UtilitiesAll Weather Road
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1949
Year Built DetailsPreowned
Exterior for 503-507 Pearl Street
Building Area Total2392.00
Foundation Pillar/Post/Pier
Lot Size Acres0.3540
Lot Size Area0.3540
Lot Size Square Feet15420.2400
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesDriveway
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Wilson Elementary School
High School
N/A
Suzanne Smith
Broker/Owner
