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510 Texas Street #14

Denton, Texas 76209
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Bed 22

Bed

Bath 14

Bath

Acres0.36

Acre(Lot)

Rare opportunity to invest in a multi-family property within walking distance of Texas Women's University, less than one-half mile walk and a 2 minute drive. It's also less than 5 minutes to the historic popular downtown Denton square with its many restaurants, shopping and entertainment choices. That makes this a highly desirable location and these don't come on the market very often. There are 14 units; 8 2-bedroom units and 6 1-bedroom units. There are 25 parking spaces, including 6 covered spaces, which actually exceeds the city's requirements. The roof is new this year, custom designed.. Ask us about the special construction and installation. The water heaters are new in 2025; AC system 2019; boiler in 2019 also. Eleven of the apartments have been remodeled and we have a list of other upgrades available. There is a laundry room onsite with multiple washers and dryers, new in 2024. This property is extremely well maintained and of course you won't find a better location. Give me a call and we can schedule your appointment.. The listing agent has financial and tenant information including pro forma rent numbers. This property will be part of a 1031 Exchange.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,000,000

AD Id : 75099582

MLS Id : 550910567

Beds : 22

Lot Size : 0.36 Acre

Year Built : 1965

County : Denton

Subdivision: Schmitz & Rippy

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 22

    Bathroom Information

    Total Baths: 14 Full Baths: 14 Half Baths: 0
  • Interior Features

    Cable TV Available,Decorative Lighting,Granite Counters,High Speed Internet Available,Walk-In Closet(s)

    Appliances

    Dishwasher,Disposal,Gas Range,Refrigerator

    Utilities

    Cable Available,City Sewer,City Water,Community Mailbox,Concrete,Curbs,Sidewalk
  • Cooling Features

    Ceiling Fan(s),Central Air,Other

    Heating Source

    Central,Other

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1965 Building Area Total: 6,960 Construction: Brick,Siding,Wood Roof Type: Metal
  • Exterior Features

    Covered Courtyard

    Foundation

    Slab

    Security Features

    Carbon Monoxide Detector(s),Security Lights,Smoke Detector(s)
  • Fencing

    Back Yard,Wood

    Construction Materials

    Brick,Siding,Wood

  • Lot Information

    Lot Size (Acr): 0.3630 Lot Size Units: Acres Lot Size Square Feet: 15,812 Lot Size Source: Assessor Lot Features: Interior Lot
  • Property Information

    Property Type: Residential Income Property Sub Type: Apartment Subdivision: Schmitz & Rippy City: Denton State: Texas Directions: From University Dr., go south on Bell Ave. past TWU; turn east on Texas St. The property is the 3rd one on the right. There is no sign in the yard. Property Status: Active Levels: Two Property Age: 61 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $2,000,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R28025 Tax Block: C Tax Legal Description: SCHMITZ & RIPPY BLK C LOT 3,4(E1/2) 3,4/149-B Tax Lot: 3 Unexempt Taxes: $15,906

  • Parking Information

    Garage Space: 0 Carport Spaces: 0 Parking: 25 Parking Features: Asphalt,Common,Covered,Driveway,Guest,Off Street,On Site,Open,Parking Lot,Unassigned
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Nette Shultz Middle School: Calhoun High School: Denton School District: Denton ISD
  • Utility Information

    Utilities: Cable Available,City Sewer,City Water,Community Mailbox,Concrete,Curbs,Sidewalk
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/12/2026 @ 22:51

MLS: 550910567 LISTED BY: MARILYN NEWLAND, Keller Williams Realty 940-390-5885 SOURCE: NTREIS - North Texas Real Estate Information

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