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$199,900

615 Coit Street, Denton, TX, 76201

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths1,984 Sq Ft
Multi FamilyMulti Family
price_per_sqft$100.76 / sqft
Year BuiltBuilt in 1949

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating GasHeating Gas
AppliancesElectric Range
FlooringCarpet, Wood

Exterior

Lot Size13,874 sqft

Building Information

Year Built1949
Stories1
Roof Type105

Land Information

APNR32579
Lot Number4
SubdivisionCarroll Park
Land UseResidential
Legal DescriptionCARROLL PARK BLK 6 LOT 4 2.1,3/472 // BEAUMONT SUR AB31
Census Tract020403
Assessed Land Value$118,553
Assessed Improvement Value$208,437
Assessment Year2025

About this property

Excellent investment opportunity close to UNT, TWU & downtown. Main house is a large 1 bedroom 1 bath but could be put back to a 2 bedroom. Second unit also 1 bedroom 1 bath. Both properties are in good shape, wood floors. Tenant occupied with outstanding leases. See media for lease info. Property to be sold as is. Notice that this property will also include the vacant tract tax parcel id R32577. Buyer will need a new survey

Investor Tools

Property Icon
$326,990
Estimated Property Value
$0Estimated Mortgage Balance
$326,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,962 /month
Positive
Cash Flow Estimate:
$654 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,099
$326,990
2025
$118,553
$208,437
$326,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,099
$326,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$326,990
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
7.2%

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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