Bruce Rayburn

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Listing provided courtesy of Ray Gun Commercial- MLS# 21267280MLS ProviderContact Information: Steven Geis

1219 Scripture StreetDenton, TX 76201

Multi-Family · 4 Beds · 4 Full Baths · 2,280 Sq. ft. | 0.21 Acres
$365,000 Active

1219 Scripture Street Overview

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Duplex and Two Cottages Near UNT Campus Value Add investment property with potential for growth that includes a duplex with two cottage unit rentals in back within walking distance to the University of North Texas and the popular Fry St.? area with restaurants and bars.? The owner has put in approximately $40k in capital improvements in the last few years.? Property has historically strong occupancy.? This location attracts both student and non student tenants.? Current rents range from $850 to $1,075 unit.? Owner pays for common area lighting and water and waste water for two of the units.? Owner pays for common area lighting and water for two of the units. Rent roll and financials are in the OM attached to this listing. NO SELLER FINANCING AVAILABLE. - Walkable to University of North Texas, Downtown Denton, Fry Street and Public Transportation - Textbook Small Value-Add Investment Property - Strong Historical Occupancy - Ideally Suited for Both Students and Professionals - Denton’s Rental Market Is Booming, with UNT’s 50,000+ Students & Strong Professional Workforce Driving Demand

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1219 Scripture Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,280
  • Price/Sq.ft. $160
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Denton ISD
  • Elementary School: Newton Rayzor
  • Middle Or Junior School: Calhoun
  • High School: Denton

Income/Expenses

  • Gross Income: 42300.0
  • Insurance Expense: 2630.0
  • Net Operating Income: 25786.0

Building Information

  • Year Built: 1950
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Denton
  • Postal City: DENTON
  • Subdivision Name: unknown

Community/Development

  • Community Features: Curbs

General Information

  • Parcel Number: R29153
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 2280.0

General Information

  • Appliances: Electric Range,Gas Water Heater,Refrigerator
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Luxury Vinyl Plank
  • Foundation Details: Other
  • Interior Features: Loft
  • Levels: Multi/Split

Exterior

Parking Information

  • Parking Features: Gravel
  • Parking Total: 4.0

Lot Information

  • Lot Size Acres: 0.2134
  • Lot Size Area: 0.2134
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9295.7
  • Lot Size Units: Acres
  • Number Of Buildings: 3
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Wood Siding
  • Roof: Shingle

General Information

  • Carport: No
  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Electricity Connected,Natural Gas Available,Sewer Available,Separate Meters,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 3 Details

  • Unit Type: 1 Bedroom
  • Units Total: 2

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1219 Scripture Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1219 Scripture Street Market Data

Based on the last 30 days in this zip code

$339,165
Average List Price
$205
Average Price per Square Foot
11
Properties Sold
79
Average Days on Market
65
Properties for Sale
Calculations provided by Reliance Network


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