Becky Murphy

5280 Atwell Lane, Denton, TX 76208

$1,400,000
  • 5280 Atwell Lane, Denton, TX 76208 Main Photo
New to the Market Active
BEDS14 BATHS10 full MLS#21391558
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONReed Camp SCHOOLDenton ISD

Property Description

Welcome to The Porches, a one-of-a-kind lakefront residential community offering outstanding income-producing potential on just over one acre outside city limits with no HOA. This unique property features eight residences: two three-bedroom, two-bath homes; two two-bedroom, one bath homes, including one with a wraparound porch accessible from the primary bedroom; and four charming one-bedroom, one-bath cottages. Each residence offers an inviting covered porch, creating a welcoming and cohesive community atmosphere.Backing to U.S. Army Corps of Engineers land, the property provides scenic lake views and convenient walking access to the water for fishing and outdoor recreation. The fully fenced and gated community is equipped with security cameras and monitoring equipment, offering tenants added privacy and peace of mind.The property is served by two city water meters and also includes a private well used for lawn irrigation. An on-site storage container provides convenient space for the owner’s lawn equipment and maintenance supplies. With additional room to add another cottage, “The Porches” presents a rare opportunity to own an established lakefront community with both immediate income potential and room for future growth.

5280 Atwell Lane | MLS# 21391558

This multi-family property located at 5280 Atwell Lane, Denton, TX 76208 is currently listed for sale with an asking price of $1,400,000. Atwell Lane is located within the Denton ISD school district. Search Denton real estate on beckymurphy.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Multi Units, Wall Unit(s)
Garage: 4
Heating: Central, Electric
Lot Size: 1.03 Acres
Roof Type: Metal
Year Built: 1986

Amenities

Eat-in Kitchen
High Speed Internet Available
Vaulted Ceiling(s)
Covered Patio/Porch
Gray Water System
Storage

Feature Descriptions

Appliances: Dishwasher, Electric Oven, Electric Water Heater
Days on Site: 4
Exterior: Siding
Fencing: Chain Link, Metal
Flooring: Carpet, Luxury Vinyl Plank
Lot: Adjacent to Greenbelt, Few Trees, Greenbelt, Water/Lake View, Waterfront
Parcel#: R160849
Parking: Carport
Parking Notes: Carport
Security: Gated Community
Units: 8
Utilities: Aerobic Septic, Electricity Connected, Gravel/Rock, Outside City Limits, Private Water, Septic, Well
Water Features: Lake Front, Lake Front – Corps of Engineers, Lake Front – Main Body

Local Schools

Elementary School: Hodge
School District: Denton ISD

Listed By / Shown By

Listed By

Agency Name: INC Realty, LLC
Agency Contact: 940-367-6596
Agent Name: Leslie Schmidtke

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Shown By

Agent Name: Becky Murphy
Agent Phone: (254) 715-0002
Agency Title: Kelly, Realtors

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Estimated Payment

$ 3,524.13 per month $3,115.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $408.33 Homeowner's Insurance

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