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$583,780

NAL Estimated Property Value

521 Texas Street, Denton, TX, 76209

$712,030 ARVInfo
Off MarketInfo
Beds13 Beds
Baths12 Bath
Baths4,444 Sq Ft
ApartmentApartment
price_per_sqft$129.39 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bedrooms 13Bedrooms 13
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Electric Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringLaminate, Wood

Exterior

Lot Size14,000 sqft

Building Information

Year Built2000
Stories2
Roof Type105

Land Information

APNR28064
Lot Number11,12
SubdivisionSchmitz & Rippy
Land UseResidential
Legal DescriptionSCHMITZ & RIPPY BLK B LOT 11,12
Census Tract020601
Assessed Land Value$84,000
Assessed Improvement Value$499,780
Assessment Year2025

About this property

Unique property on the first block from Texas Woman's University. Remodeled in 2007 into 12-room boarding house type set-up. 2 Full baths on each floor, plus a full kitchen on each floor. Large lot with over one-third acre. Room on lot for possible additional apartments. According to former owner, building was taken to the studs when it was remodeled. The MOST affordable living alternative in the area, so high demand for the units. Walk to campus and to the Denton Square. Income numbers are pro-forma.

Investor Tools

Property Icon
$583,780
Estimated Property Value
$1,507,857Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$712,029
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,503 /month
Positive
Cash Flow Estimate:
$1,168 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,195
$583,780
2025
$84,000
$499,780
$583,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,195
$583,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust A Nationa
Commercial
$1,525,649
No
First
Sep 2, 2025
Sep 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,507,857
N/A
0%
258%
$9,148/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$9,148/mo
$-6,576/mo
5.3%

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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521 Texas Street | Property Details | No Agent List