2view

$420,000

1100 Salem Dr, Denton, TX, 76208

Off Market

5 Beds

3 Bath

2,522 Sq Ft

Single Family Residence

$166.53 / sqft

Built in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size10,890 sqft

Building Information

Year Built2021

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR696077

Lot Number18

SubdivisionProminence Square Phase Iia

Land UseResidential

Legal DescriptionPROMINENCE SQUARE PHASE IIA BLK A LOT 18

Census Tract020605

Assessed Land Value$111,615

Assessed Improvement Value$321,129

Assessment Year2025

About this property

Enjoy City life with the touch of country. This unique and stunning property situated on a quarter acre is close to everything! Built in 2021, almost new 5 bedroom home is barely lived in. 10 minutes to Downtown Denton, minutes away from UNT and C.H. Collins Athletic Complex. Watch Llamas from the Bonus room upstairs, walk your best friend to run free at Lucky Dog Ranch just across the highway. This dream home has easy access to Hwy 380 and Loop 288. The bright and airy two story home offers five bedrooms and 3 full baths, and comes with luxury interior finishes, private fenced yard, covered patio and an attached 2 car garage. The open floor plan has an spacious kitchen with stainless steel appliances, large island, granite counter tops, and plenty of storage. The 1st floor features the primary suite and a secondary bedroom with full bathroom, in a split fashion. Enjoy those Texas evenings in your sprawling back yard and welcoming neighbors.

Investor Tools

$432,744

Estimated Property Value

$393,474Estimated Mortgage Balance

$40,405Estimated Equity

9% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,596 /month

Positive

Cash Flow Estimate:

$865 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$726/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,544

$432,744

2025

$111,615

$321,129

$432,744

Tax History

Year

Tax Paid

Assessed Value

2024

$6,544

$432,744

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

New American Funding

Fha

$393,474

Yes

First

Mar 16, 2026

Apr 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$392,339

$40,405

91%

$2,360/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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