503-507 Pearl Street, Denton, TX

$395,000

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3

Beds

1

Bath

0.35

Acres

About 503-507 Pearl Street

Opportunity knocks for investors or house-hackers looking to generate income from day one. This three-unit income-producing property offers immediate cash flow with $3,195 in total monthly rental income already in place. Positioned in a highly desirable location just minutes from the historic Denton Square and both local universities, the property benefits from strong and consistent rental demand driven by students, faculty, and professionals who want quick access to dining, entertainment, and campus life. The layout provides flexibility for multiple strategies. Investors can continue operating all three units as rentals for steady income, or an owner-occupant can live in one unit while the other two help offset the mortgage each month—essentially letting your tenants help pay for the property. With three separate units generating income, this property offers diversification under one roof while keeping management simple. The location near major Denton destinations further strengthens long-term rental appeal and future appreciation potential. Whether you're expanding your portfolio, entering the rental market, or looking for a smart live-and-invest opportunity, this property delivers a rare combination of location, flexibility, and built-in income. Income properties this close to the Square and universities don’t come along often—schedule your showing and explore the possibilities.

Features of 503-507 Pearl Street

MLS® # 21178207
Price $395,000
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Acres 0.35
Year Built 1949
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 503-507 Pearl Street
Subdivision Carroll Park
City Denton
County Denton
State TX
Zip Code 76201

Amenities

Utilities All Weather Road
Parking Spaces 2
Garages Driveway
Is Waterfront No
Pool On Property No

Interior

Interior Features Cable TV Available
Heating Central
Fireplace No

Exterior

Roof Composition
Construction Frame
Foundation Pillar/Post/Pier

School Information

District Denton ISD
Elementary Wilson
Middle Calhoun
High Denton

Additional Information

Flooring Other
Building Sqft 2,392
# Units 2

Listing Details

AgentJeff Withers
OfficeStag Residential

Listing Map

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