503-507 Pearl Street
Denton, TX 76201
Listing courtesy of Jeff Withers, Stag Residential
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.
- 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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