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Days125Days on Market
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$1,290,000

2605 E Mckinney Street, Denton, TX, 76209

On MarketInfo
Baths0 Bath
Baths1,584 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
Heating GasHeating Gas

Exterior

Lot Size15,420 sqft

Building Information

Year Built1977
Stories1
Roof Type105

Land Information

APNR35403
SubdivisionM. Yoacham
Land UseCommercial
Legal DescriptionA1442A M. YOACHAM, TR 55, .354 ACRES
Census Tract020604
Assessed Land Value$123,360
Assessed Improvement Value$1,041
Assessment Year2025

About this property

Exceptional 3.77 acre tract in a high-growth area, fully entitled and zoned for multifamily development. Shovel-ready site with approved plans for 29 townhomes, ideal for a build-to-rent community or individual unit sales. Situated in a thriving, high-demand corridor with strong surrounding development activity. All the approvals from the City of Denton for building 29 Townhomes.

Investor Tools

Property Icon
$124,401
Estimated Property Value
$0Estimated Mortgage Balance
$124,401Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,740 /month
Positive
Cash Flow Estimate:
$2,580 /month

Interested in this property?

Shibu Jose

Beam Real Estate, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,405
$124,401
2025
$123,360
$1,041
$124,401
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,405
$124,401

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$124,401
100%
0%
$0/mo

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.

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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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2605 E Mckinney Street | Property Details | No Agent List