521 Texas Street

Denton, Texas 76209

  • 13 Bed(s)
  • 12 Bath(s)
  • 4,925 Sqft
  • 0.321
    Acre(Lot)
$3,728,000

Description

Why live in an ordinary apartment when you can live in an updated mansion!? this property has it all with ultra low taxes and low insurance, a great location next to two major universities twu and unt, a few blocks away from the downtown denton square, and is an investor’s dream! 6 of the apartments are slated as airbnb short-term rentals with high returns while the bottom floor 6 units are used for long-term rentals for stability! this property functions well as both long-term rentals for stability or short-term rentals to maximize returns and could even become a beautiful boutique hotel! it has brand new plumbing, electrical, hvac, parking, covered porches, a fenced dog park, and location, location, location! the vanderbilt apartments features easy walking distance to texas woman’s university, biking distance to the downtown denton square, and biking distance to the university of north texas! you’ll experience unparalleled charm and timeless elegance in this 1920s craftsman style mansion completely renovated and updated with all modern amenities! your kitchen includes updated stainless steel applicances with a new lg washer and dryer stackable unit inside your unit and included, brand new updated quartz countertops, undermount sink, a french corner-entry shower with rainfall shower head, brand new white oak styled waterproof flooring, shiplap accent walls, and charm you won’t find anywhere else! also included is a little dog park in the backyard and some rocking chairs on the front and back porches to enjoy your morning coffee or get some work done on your laptop while taking in the breeze! this property cash flows wonderfully and tenants are always lining up to rent here as nothing compares! all mechanicals have been replaced and no deferred maintenance! the vanderbilt boasts brand new plumbing, hvac, and electrical throughout permitted by the city of denton with approved certificate of occupancy from the city! come and get this one before it’s gone!

  • Property Type

    Residential Income

  • Subdivision

    Schmitz & Rippy

  • County

    Denton

  • Style

    Residential Income

  • AD ID

    49501579

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Property Details

  • Bedroom Information

    • Total Bedrooms : 13

    Bathroom Information

    • Total Baths: 12
    • Full Baths: 12
    • Half Baths: 0

    Interior Features

    • Cable TV Available,Decorative Lighting,Granite Counters,High Speed Internet Available,Open Floorplan

    Appliances

    • Disposal,Dryer,Electric Range,Microwave,Refrigerator,Washer

    Utilities

    • City Sewer,City Water

    Cooling Features

    • Central Air,Electric,Multi Units,Wall Unit(s)

    Heating Source

    • Central,Heat Pump,Natural Gas

    Fireplace

    • Number of Fireplaces: 0

  • Building Information

    • Built Year: 1920
    • Building Area Total: 4,925
    • Construction: Frame,Wood
    • Roof Type: Composition,Metal

    Exterior Features

    • Covered Patio/Porch,Dog Run,Rain Gutters,Private Yard

    Foundation

    • Pillar/Post/Pier

    Security Features

    • Security Lights,Security System

    Fencing

    • Fenced,Perimeter,Wood

    Construction Materials

    • Frame,Wood

  • Lot Information

    • Lot Size (Acr): 0.3210
    • Lot Size Units: Acres
    • Lot Size Square Feet: 13982.7600
    • Lot Features: Corner Lot

    Property Information

    • SQ ft (Living Area): 4,925
    • Property Type: Residential Income
    • Property Sub Type: Apartment
    • Subdivision: Schmitz & Rippy
    • City: Denton
    • State: Texas
    • Directions: GPS
    • Property Status: Active

  • Listing Price Information

    • Original List Price: $3,728,000
    • List Price Tot SqFt: $757

    Listing Information

    • Possession: Closing/Funding,Lease Outstanding,Subject to Lease

  • Tax Information

    • Parcel Number: R28064
    • Tax Block: B
    • Tax Legal Description: SCHMITZ & RIPPY BLK B LOT 11,12
    • Tax Lot: 11
    • Unexempt Taxes: $11,195

  • Parking Information

    • Garage Space: 0
    • Parking: 12
    • Parking Features: Assigned,Off Street,Parking Lot

    Homeowners Association Information

    • HOA Type: None

  • School Information

    • Elementary School: Nette Shultz
    • Middle School: Calhoun
    • High School: Denton
    • School District: Denton ISD

    Utility Information

    • Utilities: City Sewer,City Water
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

BuyOwner last updated this listing 05/12/2025 @ 06:20

  • MLS: 453409164
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 13 bedrooms which is for sale, it has 4,925 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.