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2515-2519 W. Prairie

Denton, TX 76201

$1,225,000

8 units · 1984

Photos on the way
Units8
Building area6,672 sq ft
Year built1984
Gross income$91,439.40/yr
Cap rate2.2% as listed
Parking17 spaces
Lot size0.344 acres
TypeApartment

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$64,435.06 per year — as listed
Insurance$7,223 per year — as listed
Net operating income$27,004 per year — as listed

About this home

Classic Oaks Apartments presents an exceptional, fully leased 8-unit, 16-bedroom multifamily investment opportunity in a high-demand Denton market just minutes from the University of North Texas (UNT). Spanning two well-maintained buildings with spacious 2-bedroom floor plans, the property generates immediate, stable cash flow driven by continuous, year-round tenant demand from UNT’s student and workforce population. Key amenities include residential perimeter gating for tenant security, a dedicated 17-space numbered parking lot providing ample assigned parking for residents and guests, and a convenient on-site laundry facility. Positioned in a low-vacancy submarket close to campus, downtown Denton, local dining, and major commuter routes, Classic Oaks Apartments delivers an ideal balance of low-maintenance management and reliable long-term upside.

The details

HeatingElectric
CoolingCentral Air
FlooringCarpet, Vinyl
AppliancesDishwasher
Interior featuresOpen Floorplan

Construction materialsBrick, Siding
RoofComposition
FoundationSlab

Water sourceCity Water
SewerCity Sewer

SubdivisionOwsley Parks

ElementaryAnita Reeves
Middle schoolMcmath
High schoolDenton
DistrictDenton ISD

Gross income$91,439.40 per year
Operating expenses$64,435.06 per year
Insurance$7,223 per year
Cap rate2.2% — as listed
Net operating income$27,004 per year

MLS #21425534
Source
On the marketListed today
CountyDenton

Around this home

One moment…

Everyday life

Nearest groceryEl Pariente · 0.1 mi
Nearest parkOwsley Park · 0.2 mi

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Listing courtesy of Post Oak Realty, LLC — Jesse Woolery.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing courtesy of Real Estate Station LLC

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21425534. Information last updated November 2, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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