Denton, TX 76208 5501 Dolores Place

Presented By: Harrison Usun with Bentley Fine Properties; 682-560-3997
  • MLS# 20926379
  • 05/20/2025
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  • Beds • 20
  • Full/Half Baths • 14 / 7
  • Garage • 7

Home Details

Investor Alert! Turnkey Townhome Portfolio in Rapidly Growing Denton Market! Exceptional opportunity to acquire a package of 7 residential townhomes at 5501, 5505, 5509, 5513, 5517, 5521, and 5525 Dolores Place—offered as a single portfolio in a high-demand rental corridor just minutes from Lewisville Lake and University of North Texas (UNT). Built in 2013, these well-maintained units are in excellent structural condition with modern layouts, spacious interiors, and open-concept floorplans designed for today’s tenants. Each townhome features a large living area that flows into a stylish kitchen with stainless steel appliances, a generous center island, and ample storage. The primary bedroom is located on the main floor with a full en-suite bath, while two additional bedrooms are upstairs, offering a great layout for roommates or families. Value-Add Upside: Most units already have new HVAC systems recently installed, and with some light cosmetic updates, there's significant potential for increased rents. Currently, 6 of the 7 units are occupied, creating immediate income with upside as leases turn over. This is a rare chance to secure a multi-unit portfolio in one of North Texas’s most promising submarkets. The Denton area continues to see strong growth, making this a smart play for both immediate cash flow and long-term appreciation.
Presented By: Harrison Usun with Bentley Fine Properties; 682-560-3997

Interior Features for 5501 Dolores Place

Bedrooms

Total Bedrooms20

Bathrooms

Half Baths7
Total Baths21

Other Interior Features

Unit Count2
Lock Box TypeSee Remarks
Basement Y/NNo
FlooringLaminate
Interior FeaturesEat-in Kitchen, Kitchen Island, Open Floorplan, Pantry
Occupancy Rate86
Total Units7

General for 5501 Dolores Place

# of Buildings7
AppliancesDishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator
Assoc Fees200
Association Fee FrequencyAnnually
Capitalization Rate7.57
CityDenton
Complex NameDolores Place Units
Construction MaterialsBrick, Siding
CoolingCentral Air, Electric
CountyDenton
DirectionsInput address in GPS and follow directions
Elementary SchoolPecancreek
Elementary School NamePecancreek
Full Baths14
Gross Annual Expenses0.00
HOA Fee IncludesMaintenance Grounds
HOA TypeMandatory
HeatingCentral, Electric
High SchoolRyan H S
Insurance Expense0
LevelsTwo
Listing Terms1031 Exchange, Cash, Conventional, Not Assumable, Private Financing Available
Number of Garage Spaces7
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictDenton ISD
Standard StatusActive
StatusActive
Subdivision NameVillages of Carmel
TenancyOver 9 Months
UtilitiesCity Sewer, City Water, Electricity Connected
Will SubdivideSubdivided
Year Built2013
Year Built DetailsPreowned

Exterior for 5501 Dolores Place

Attached Garage Y/NYes
Building Area Total10500.00
Foundation Slab
Garage Y/NYes
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.3420
Lot Size Area0.3420
Lot Size SourcePublic Records
Lot Size Square Feet14897.5200
Lot Size UnitsAcres
Number Of Parking Spaces7
Parking FeaturesGarage Single Door
WaterfrontNo

Additional Details

Price History

Schools

Middle School N/A
Elementary School Pecancreek Elementary School

Rodney Edwards

Associate Broker
Price $2,150,000
MLS#20926379
List Date 05/20/2025
Property Type Multi-Family
Phone 903.752.4007
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