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$1,900,000

Beds
Unknown
sq ft
1,538

5400 Del Rey Dr, Denton, TX 76208

5400 Del Rey Dr

Denton, TX 76208

  • 76 days on market
    • Price drop $200,000↓
Very nice 6 unit investment property in a well maintained area. Large spacious units are in good condition with stable tenants. Open living area. Kitchen with island bar and eating area with SS appliances. Half bath down. Stackable washer and dryers. Large master Bedroom down with on suite bathroom. Two car garage. . Close to schools, shopping and two universities UNT and TWU. 5400 Del Rey 3Bedroom 2.5 bathroom, 5404 Del Rey 4bedroom 2.5 bathroom, 5408 Del Rey 4bedroom 2.5 bathroom, 5412 Del Rey 4 bedroom 2.5 bathroom, 5416 Del Rey 4bedroom 2.5 bathroom, 5420 Del Rey Drive 3bedroom 2.5 bathroom. ALL units are currently leased. HOA fee $1200 annually for all 6 units

Details

Property type

Apartment

Est. home value

$1,853,350

Lot size

3,528.36 sq ft

Price per sq ft

$1,236

Year built

2014

Annual property taxes

$6,226

Monthly HOA fee

$100

Price History

08/16/2024
NTREIS

NTREIS #20663811

Price change
$1,900,000
-9.52%
08/13/2024
NTREIS

NTREIS #20663811

Price change
$2,100,000
+13.51%
07/05/2024
NTREIS

NTREIS #20663811

Listed
$1,850,000

Schools & Community

Elementary school: 

Pecancreek

Middle school: 

Bettye Myers

High school: 

Ryan H S

School district: 

Denton ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Progressive Bank

Loan start date

February 2021

Original loan amount

$800,000

Est. remaining balance

Not provided

Interest rate

2.66%

Loan type

Purchase Money Mortgage

Seller

Rezaul Islam and Nahid Abdullah Islam

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 11:05 AM

Listing updated: 08/16/2024 at 5:41 PM

Listed by: Syed Ahmed, DHS Realty Phone #: (972) 979-8413

MLS: NTREIS #20663811

NTREIS logo

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