$380,000
NAL Estimated Property Value1424 Panhandle Street, Denton, TX, 76201
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Range, Refrigerator
FlooringCeramic Tile, Wood
Exterior
Lot Size8,699 sqft
Building Information
Year Built1945
Stories1
Roof Type105
Garage Spaces160
Land Information
APNR24060
Lot Number16
SubdivisionHigh School Addn
Land UseResidential
Legal DescriptionHIGH SCHOOL ADDN BLK 23 LOT 16(E1/2),17(W1/2)
Census Tract020403
Assessed Land Value$130,590
Assessed Improvement Value$154,973
Assessment Year2025
About this property
This property is in an ideal Denton location near UNT, TWU and the Denton Square. Enjoy the space with 1 living area and flex space that can be another living area or 2nd bedroom, spacious kitchen and bathroom, a nice size utility room with W&D connections. This property includes a separate efficiency space that can be rented out to generate income. The efficiency space has a living area, bedroom, bathroom, kitchen, separate electric and gas meters with it's own entrance door located on the east side of the home and it's own backdoor entrance.
Investor Tools
$380,000
Estimated Property Value
$210,132Estimated Mortgage Balance
$169,868Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,362
$271,171
2025
$130,590
$154,973
$285,563
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,362
$271,171
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Balloon
$227,552
No
First
Apr 22, 2022
Apr 2032
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,132
$169,868
44%
55%
$1,365/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,365/mo
+$200/mo
4.9%
