Denton, TX 76201,1303 Fannin Street
Denton, TX 76201,1303 Fannin Street
Denton, TX 76201,1303 Fannin Street
Denton, TX 76201,1303 Fannin Street
Denton, TX 76201,1303 Fannin Street
Denton, TX 76201,1303 Fannin Street
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$ 1,700,000
Est. payment | /mo

9 Beds

8 Baths

0.48 Acres Lot


$ 1,700,000
Est. payment | /mo

9 Beds

8 Baths

0.48 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Ewing Add

MLS Listing ID 21064918

Bedrooms 9

Full Baths 8

HOA Y/N None

Total Fin. Sqft 3709

Year Built 1963

Annual Tax Amount $8,349

Lot Size 0.483 Acres

Acres 0.4831

Property Sub-Type Multiple Single Units

Property Description

8 Units Right Next to Each Other at 1305 Fannin, 1316 Margie, 1404 Margie and Zoned MN a Block from The University of North Texas! The Properties are Two Triplexes and a Duplex 100% Rented That Back Up to Each Other and Cashflow Nicely While Staying Easily Rented! This Hot Location is Perfect to Build a New Three Story Apartment Complex or Keep It Like It Is! Almost All the Units are Tastefully Updated and Have Backyards! These Units Look Better Than Almost Anything Out There So There's Always a Rapid Influx of People Wanting to Rent Since Nothing Compares! They Are Walking Distance to UNT, Biking Distance to the Downtown Denton Square, and Driving Distance to TWU. They're Perfect for College Students or Working Professionals! NO HOA, LOW TAXES, LAND ZONED FOR MULTIFAMILY! There's Plenty of Upside Potential to Increase Rents Add Additional Units or Build a Brand New Apartment Complex as the Zoning Allows!

Location

State TX

County Denton

Direction GPS is great :)

Interior

Interior Features Cable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Laminate, Varies, Wood

Appliance Refrigerator

Heat Source Central, Natural Gas

Exterior

Fence Chain Link, Wood

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Lot Description Landscaped, Lrg. Backyard Grass

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Siding,Wood

Schools

Elementary Schools Borman

Middle Schools Calhoun

High Schools Denton

School District Denton Isd

Others

Ownership Of record

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21064918

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Jonathan King • Scott Brown Properties, Inc

GET MORE INFORMATION

Jeff Kelly
Jeff Kelly

REALTOR® | Lic# 0598866

+1(817) 781-0546

501 SW Wilshire Blvd Suite D Burleson, TX, 76028

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1303 Fannin Street