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$200,000

622 E Mckinney St, Denton, TX, 76209

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.37 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
AppliancesGas Range
FlooringOther

Exterior

Lot Size6,878 sqft

Building Information

Year Built1940
Stories1
Roof Type127
Garage Spaces2

Land Information

APNR32798
SubdivisionH. Sisco
Land UseResidential
Legal DescriptionA1184A H. SISCO, TR 53, 0.1579 ACRES, OLD DCAD TR 92
Census Tract021202
Assessed Land Value$82,560
Assessed Improvement Value$64,836
Assessment Year2025

About this property

LOCATION, ZONING & OPPORTUNITY! Discover the potential of this strategically located property in the heart of Denton! Situated directly behind Denton City Hall and the Denton Police Department, and adjacent to an established convenience store and restaurant, this property offers an excellent opportunity for investors, entrepreneurs, and business owners. Already zoned MN (Mixed-Use Neighborhood), the property offers flexibility for a variety of potential neighborhood-oriented commercial and mixed-use applications, subject to city regulations and approvals. Previously utilized as a residential home, the existing structure provides a solid foundation for renovation and potential conversion to a new use. While the property needs improvements, its true value lies in its desirable location, existing mixed-use zoning, and long-term investment potential. Whether you're looking to renovate for continued residential use, establish a professional office, explore a neighborhood-serving business, or invest in a property with future possibilities, this location deserves a closer look. Priced with its commercial potential in mind rather than its current residential condition, this is an opportunity to bring new life to an established Denton property. Buyers and agents should consult the City of Denton Development Code, Subchapter 5, and verify all proposed uses, renovation requirements, and necessary approvals with the City of Denton Planning and Zoning Department.

Investor Tools

$0Estimated Mortgage Balance
$230,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Juan Gloria Jr.

Top 10 Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$96/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6
$97,641
2025
$82,560
$64,836
$147,396
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6
$97,641

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$230,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
8.2%

City: Denton

622 E Mckinney St | Property Details | No Agent List