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$348,000

$354,000

1300 Amherst Dr, Denton, TX, 76201

On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,744 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.54 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size9,252 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR24858
Lot Number20
SubdivisionNorth University Place
Land UseResidential
Legal DescriptionNORTH UNIVERSITY PLACE BLK 3 LOT 20
Census Tract020402
Assessed Land Value$83,250
Assessed Improvement Value$154,493
Assessment Year2025

About this property

Newly updated and move-in ready, this single-story home has 3 bedrooms, 2 full bathrooms, on a large corner lot with mature trees. Recent improvements include full interior paint, updated light fixtures, and switches, kitchen countertops, sink backsplash, primary bath updated, NEW sewer system, added gutters, 1 room with new carpet. No HOA. The private back yard has a patio, a recently installed privacy fence with slider gate, accessible from the street. A flex space in the back, not included in square footage, makes for a great workshop, gardening shed, storage or hobby space. The home sits on a quiet, established street, minutes from UNT, TWU, shopping, dining, parks, and major highways, making commuting throughout Denton and the north DFW area convenient. Light and bright updated home.

Investor Tools

$5,277Estimated Mortgage Balance
$344,944Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Patty Sheets

Coldwell Banker Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$540/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,727
$237,743
2025
$83,250
$154,493
$237,743
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,727
$237,743

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lula H Kearns
Seller Carryback / Seller Financing / Seller Take-Back
$50,000
No
First
Jun 1, 1998
Jun 2008

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,277
$288,723
98%
2%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$300/mo
+$1,672/mo
6.8%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Denton

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1300 Amherst Dr | Property Details | No Agent List