About this home

8 Units on Multi-Family Zoned Land Zoned MN Right Next to Each Other at 1305 Fannin, 1316 Margie, 1404 Margie One Block From The University of North Texas, UNT! The Properties are Two Triplexes and a Duplex 100% Rented That Back Up to Each Other and Cashflow Nicely While Staying Easily Rented! There is Always a Line Out the Door to Rent These Units! This Hot Location is Perfect to Build a New Three Story Apartment Complex or Keep It Like It Is! Almost All the Units are Tastefully Updated and Have Backyards! These Units Look Better Than Almost Anything Out There So There's Always a Rapid Influx of People Wanting to Rent Since Nothing Compares! They Are Walking Distance to UNT, Biking Distance to the Downtown Denton Square, and Driving Distance to TWU. They're Perfect for College Students or Working Professionals! NO HOA, LOW TAXES, LAND ZONED FOR MULTIFAMILY! There's Plenty of Upside Potential to Increase Rents Add Additional Units or Build a Brand New Apartment Complex as the Zoning Allows!

Facts and features

Schools

• Denton High School

  high · 9-12 · 1.3 mi

  5

• McMath Middle School

  middle · 6-8 · 1.7 mi

  6

• Borman Elementary School

  elementary · K-5 · 1.1 mi

  3

• Community School

  elementary · K-3 · 1.1 mi

• Calhoun Middle School

  middle · 6-8 · 1.0 mi

  5

• Fred Moore High School

  high · 9-12 · 1.2 mi

  5

Price history

• Oct 8, 2026 · Price Changed$1,390,000
• Aug 10, 2026 · Price Changed$1,450,000
• Mar 27, 2026 · Listed$1,497,000
• Mar 12, 2026 · Listing Removed$1,500,000
• Nov 2, 2025 · Price Changed$1,500,000
• Oct 21, 2025 · Price Changed$1,650,000
• Sep 19, 2025 · Listed$1,700,000
• Dec 6, 2022 · Listing Removed$1,499,000

Home value

$564,000

• Collateral Analytics$564,000

Where it is