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$268,000

NAL Estimated Property Value

515 Frame St, Denton, TX, 76209

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,356 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.86 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringTile, Wood

Exterior

Lot Size9,932 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR1022440
Lot Number1R
SubdivisionFrank
Land UseResidential Single Family
Legal DescriptionFRANK BLK 1 LOT 1R
Census Tract020603
Assessed Land Value$64,863
Assessed Improvement Value$144,028
Assessment Year2025

About this property

Cute Four Bedroom 2 Bathroom house lots of potential. Bonus storage room and large detached garage. Privacy fence and large yard with lots of room. Fantastic location just minutes from TWU, UNT, Denton square, great shopping and amazing dining! Easy access to I-35 or Downtown Denton Transit Center for easy commuting. The opportunities for this property are endless, with lots of future potential on this corner tract in the heart of growing Denton. As part of Denton 2030-2040 Plan is proposed zoning is R-7 which allows for 4plexes and multifamily with use specific standards. Refer to Denton Code Plan and check with the City of Denton for current and future zoning.

Investor Tools

Property Icon
$268,000
Estimated Property Value
$272,016Estimated Mortgage Balance
$268,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,022
$208,891
2025
$64,863
$144,028
$208,891
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,022
$208,891

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Heritage Lending Inc
Conventional
$281,250
No
First
Jul 18, 2024
Aug 2064

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,016
N/A
0%
101%
$1,687/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,687/mo
+$885/mo
11.5%

City: Denton

515 Frame St | Property Details | No Agent List