1. Texas
2. Denton
3. 521 Texas Street

521 Texas Street, Denton, TX 76209

• 13 beds |
• 12 baths |
• 4,925 sqft

Property Description

1920s Boutique Hotel Averaging $34K Per Month! 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!

Listing Status:

Active

Listing Office:

Monument Realty : 214-705-7827

Listing Agent:

Jonathan King : 469-233-1500

MLS ID:

20892578

Interior

• General: Decorative/Designer Lighting FixturesGranite CountersHigh Speed InternetOpen FloorplanCable TV
• Appliances: DryerElectric RangeDisposalMicrowaveRefrigeratorWasher
• Flooring: Ceramic TileHardwoodLaminateWood
• A/C: Central AirElectricMulti UnitsWall Unit(s)
• Heating: CentralHeat PumpNatural Gas
• Fireplace: Fireplaces: 0

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Jonathan King, Monument Realty