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1012-1014 Mulkey Lane

Denton, TX 76209

$290,000

2 units · 1976

Units2
Building area1,840 sq ft
Year built1976
Gross income$19,800/yr
Cap rate3.65% as listed
Parking4 spaces
Lot size0.138 acres
TypeDuplex

What it costs to own

Taxes$4,379 per year
HOANone listed
Operating expenses$8,209 per year — as listed
Insurance$2,247 per year — as listed
Net operating income$10,591 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Duplex in Denton, Minutes from North Texas and TWU universities. Both sides of the duplex have two bedrooms, one bath, and a two car carport with outdoor storage closets. Both units currently are leased and on a month to month basis. Property needs a good landlord or investor to update and remodel to achieve much better rent rates. The floor plan is a open and simple plan with a large living room that opens into the breakfast area and kitchen and laundry room in the hallway across from the bedrooms. Great Investment Opportunity in a Great Area!

The details

HeatingNatural Gas
CoolingCentral Air, Electric
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank
AppliancesDishwasher, Disposal, Electric Range
Interior featuresHigh Speed Internet Available, Open Floorplan
Fireplace1 · Gas Starter, Wood Burning

Construction materialsBrick, Siding
RoofComposition
FoundationSlab

Water sourceCity Water, Individual Water Meter
SewerCity Sewer
ElectricElectricity Connected
UtilitiesIndividual Gas Meter

SubdivisionMeadow Oak Sec 1

ElementaryAlice Moore Alexander
Middle schoolStrickland
High schoolRyan H S
DistrictDenton ISD

Gross income$19,800 per year
Operating expenses$8,209 per year
Insurance$2,247 per year
Cap rate3.65% — as listed
Net operating income$10,591 per year

MLS #21387809
Source
Price changeReduced by $10,000 · Oct 22, 2026
On the market33 days
CountyDenton

Around this home

One moment…

Everyday life

Nearest groceryLa Azteca Meat Market · 1.2 mi
Nearest parkSummer Oaks Neighborhood Park · 0.3 mi

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Listing courtesy of Repeat Realty, LLC — Jason Labrum.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21387809. Information last updated October 22, 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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