MULTIFAMILYRADAR
11-Unit Multifamily in Argyle, TX, photo 11 / 2
$3,600,000

11-Unit Multifamily in Argyle, TX

TX · listed May 12, 2026 (169 days)

Price per unit compared
This property$327K
Within ~40 mi (150)$133K
Texas median (1,196)$92K
$/unit
$327,273
▲ 255% vs TX · 96th pct
Cap rate
—
 
NOI
$155K
$14,081/unit/yr
Units
11
2 bldg · 2002

Financials

Asking price
$3,600,000
Price per unit
$327,273
Price per sq ft
$184
Gross rent / year
$258,872
Net operating income
$154,889
NOI per unit
$14,081
Cap rate
Not stated
Gross yield
7.2%gross rent ÷ price
Occupancy
66%

As stated by the seller. Verify during due diligence.

Building

Units
11
Unit mix
two and three-bedroom apartment homes
Buildings
2
Year built
2002
Building size
19,526 sq ft
Avg unit size
1,775 sq ft
Lot size
Not stated
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
May 12, 2026
Days on market
169 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1497

About this property

Located just outside the Argyle city limits in the scenic countryside of Denton County, this complex offers a quiet, private living experience with the laid-back character of small-town North Texas. Situated beyond city zoning boundaries, our community enjoys a more open, rural setting while remaining just minutes from everything Argyle and the greater DFW Metroplex have to offer. Choose from spacious two and three-bedroom apartment homes designed with everyday comfort in mind. Each residence features open-concept living areas, well-appointed kitchens, and generous closet space giving families and roommates alike plenty of room to spread out and settle in. Conveniently positioned near Highway 377 and the Alliance Corridor, residents enjoy quick access to top employers, local dining, shopping, and entertainment. And with the highly regarded Argyle Independent School District nearby, families can feel confident about the quality of education available to their children. Whether you're looking for a peaceful escape from the city or simply want more space without the big-city price tag, this complex delivers the best of Denton County living spacious homes, a serene setting, and a true sense of community. This is a great opportunity to own one of the few apartment complexes in Argyle.

Location

Approximate area. The exact address is shared on request.

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