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2404 Louise Street 2404 & 2420

Denton, TX 76201

Listing courtesy of Ara Minassian, Star Realty

$4,300,000
Active
Beds
47
Baths
24
Sqft
9,720
Year Built
1967

About this home

24 Unit Apartment Buildings (12 & 12) 1 Block from UNIVERSITY OF NORTH TEXAS CAMPUS! Over the last few years, owner has spent large sums of money to not only Remodel Units but to significantly improve the infrastructure. All old HVAC systems replaced, Many of the Gas Water Heaters replaced, Most flooring and Paint in the last 2 years. Some units have undergone further remodeling with new kitchens with more cabinet space. All but 1 unit are 2 bedroom 1 bath. Most come with all stainless appliances including dishwashers. The ones with new kitchens excluded dishwashers as requested by many tenants who prefer cabinet space. Market rents have been low to accommodate construction both on the street and in the building. Now is your opportunity to put your finishing touches to make it shine and raise rents back up to $1400 or $1500 per unit as we did prior to last year's construction. Take advantage of the potential upswing. Great for your first apartment complex or experts increasing their portfolio.

Schools

Elementary
Newton Rayzor
Middle
Calhoun
High
Denton

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

Property details

MLS #
21194900
Property Type
ResidentialIncome
Status
Active
County
Denton
Subdivision
Owsley Park
Lot Size
31,363.2 sqft
HOA Dues
None
Annual Taxes
$22,154
Days on Market
39 days
Listed
Mar 2, 2026
Price per Sqft
$442

Estimate your monthly payment

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

$25,987/mo
Principal & interest
$22,886
Property taxes
$1,846
Homeowner's insurance (est.)
$1,254

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

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 Mar 2, 2026