1 / 2New▼ 3% cutStabilized
$1,900,000
12-Unit Multifamily in Denton, TX
TX · listed Oct 19, 2026 (9 days)
▼ Reduced 2.6% on Oct 22, 2026, was $1,950,000
Price per unit compared
This property$158K
Within ~40 mi (153)$135K
Texas median (1,196)$92K
- $/unit
- $158,333
- ▲ 72% vs TX · 79th pct
- Cap rate
- —
- NOI
- $115K
- $9,551/unit/yr
- Units
- 12
- 2 bldg · 1978
Financials
- Asking price
- $1,900,000
- Price per unit
- $158,333
- Price per sq ft
- $201
- Gross rent / year
- $172,200
- Net operating income
- $114,614
- NOI per unit
- $9,551
- Cap rate
- Not stated
- Gross yield
- 9.1%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- Not stated
- Buildings
- 2
- Year built
- 1978
- Building size
- 9,472 sq ft
- Avg unit size
- 789 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 19, 2026
- Days on market
- 9 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Oct 22, 2026: $1.95M → $1.9M
- Location
- Approximate (~0.5 mi)
- Listing #
- 1202
About this property
Highlights
- Two-story multi-family property situated on nearly one acre in central Denton.
- Minutes from University of North Texas and Texas Woman’s University, ensuring high rental demand.
- Convenient access to Interstate 35E, U.S. Highway 380, and the Dallas-Fort Worth metroplex.
- Located within a mature residential area near shopping, dining, and entertainment options.
- Equipped with central heating and cooling systems and durable brick veneer exterior.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Denton, TXValue-add | $4.3M | $179K$179K | 7.4%gy |
 Denton, TXValue-add | $3.5M | $113K$113K | 5.7% |
 Denton, TXNewOwner financing | $1.69M | $211K$211K | — |
 Denton, TXStabilized | $1.3M | $163K$163K | 7.7%gy |
 Denton, TXValue-add | $2.95M | $98K$98K | 6.2% |
 Denton, TXValue-add | $1M | $111K$111K | — |