503-507 Pearl Street
Denton, Texas 76201
3
Bed
1
Bath
0.35Acre(Lot)
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 pr
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 1 Full Baths: 1 Half Baths: 0 -
Interior Features
Cable TV AvailableAppliances
Gas RangeUtilities
All Weather Road -
Cooling Features
Central AirHeating Source
Central
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Building Information
Built Year: 1949 Building Area Total: 2,392 Construction: Frame Roof Type: Composition -
Foundation
Pillar/Post/Pier -
Construction Materials
Frame
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Lot Information
Lot Size (Acr): 0.3540 Lot Size Units: Acres Lot Size Square Feet: 15,420 -
Property Information
Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: Carroll Park City: Denton State: Texas Directions: North on Carroll Blvd toward Crescent St Turn Left onto Crescent, Left on Denton St, turn left onto Pearl, destination on Right Property Status: Active Levels: One Property Age: 77 Year Built Details: Preowned
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Listing Price Information
Original List Price: $395,000 -
Listing Information
Possession: Negotiable
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Tax Information
Parcel Number: R32644 Tax Block: 1 Tax Legal Description: CARROLL PARK BLK 1 LOT 1(ALL),2(E25') Tax Lot: 1 Unexempt Taxes: $5,726
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Parking Information
Parking: 2 Parking Features: Driveway -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Wilson Middle School: Calhoun High School: Denton School District: Denton ISD -
Utility Information
Utilities: All Weather Road
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1309 N Austin Street, Denton, TX, 76201 | $317,900 | 3 | 2 | 1,486 | 1,486 SqFt |
| 1111 N Austin Street, Denton, TX, 76201 | $294,000 | 2 | 2 | 1,616 | 1,616 SqFt |
| 1306 N Locust Street, Denton, TX, 76201 | $495,000 | 4 | 2 | 2,164 | 2,164 SqFt |
| 1014 Bolivar Street, Denton, TX, 76201 | $440,000 | 3 | 2 | 1,822 | 1,822 SqFt |
| 2021 Denison Street, Denton, TX, 76201 | $275,000 | 3 | 2 | 1,260 | 1,260 SqFt |
| 725 Bolivar Street, Denton, TX, 76201 | $349,900 | 2 | 1 | 1,176 | 1,176 SqFt |
| 1320 Anna Street, Denton, TX, 76201 | $225,000 | 3 | 1 | 1,000 | 1,000 SqFt |
| 215 Maple Street, Denton, TX, 76201 | $245,000 | 2 | 1 | 1,216 | 1,216 SqFt |
| 425 Oakhill Drive, Denton, TX, 76201 | $379,000 | 4 | 2 | 2,176 | 2,176 SqFt |
| 528 Pierce Street, Denton, TX, 76201 | $199,900 | 1 | 1 | 632 | 632 SqFt |
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ByOwner last updated this listing 06/16/2026 @ 13:33
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