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503-507 Pearl Street

Denton, TX 76201

Listing courtesy of Jeff Withers, Stag Residential

$395,000
Active
Beds
3
Baths
1
Sqft
Year Built
1949

About this home

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.

Schools

Elementary
Wilson
Middle
Calhoun
High
Denton

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21178207
Property Type
ResidentialIncome
Status
Active
County
Denton
Subdivision
Carroll Park
Lot Size
15,420.24 sqft
HOA Dues
None
Annual Taxes
$5,726
Days on Market
33 days
Listed
Feb 12, 2026
Price per Sqft

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$2,695/mo
Principal & interest
$2,102
Property taxes
$477
Homeowner's insurance (est.)
$115

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Feb 12, 2026