3113-3115 Long Rope Lane
Description
This...Looking for a high-cash-flow investment near top universities? This brand-new modern duplex is a rare gem just minutes from TWU, UNT, and 8 other universities, making it perfect for student housing or house-hacking. Live in one unit while renting the other, or rent both to maximize your returns—short-term rentals allowed for even more flexibility! Each side of this stunning duplex features: 4 spacious bedrooms and 2.5 baths 1-car garage per unit. Large private backyards for outdoor enjoyment
This prime location and modern design make it ideal for attracting students, families, or professionals. Whether you're new to investing or looking to add to your portfolio, this property offers multiple avenues for success. Don't miss out on this affordable opportunity to tap into Denton’s thriving rental market!
- Listed by Lora Karacic • TREC #0758562 • MTX Realty, LLC • 888-565-1855
- Listed by Zack Srisauy • TREC #0748301 • MTX Realty, LLC
Property Details for 3113-3115 Long Rope Lane
Property Details for 3113-3115 Long Rope Lane
| Status | Active |
|---|---|
| MLS # | 20741423 |
| Days on Market | 93 |
| Taxes | - |
| HOA Fees | $50 / month |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Full Duplex |
| Year Built | 2024 |
| Lot Size | 0.27 AC / 11,717 SF |
| County | Denton County |
Building Information for 3113-3115 Long Rope Lane
Property Information for 3113-3115 Long Rope Lane
- Complex Name: Eagle Cove
- Directions: Use your favorite GPS :)
- Elementary School: Rivera
- Elementary School Name: Rivera
- High School: Ryan H S
- High School Name: Ryan H S
- Middle School: Bettye Myers
- Year Built Details: New Construction - Incomplete
- School District: Denton ISD
- Geocode Confidence: High
- Latitude: 33.21
- Longitude: -97.10
- State: Texas
- Parking Features: Driveway, Garage
- Association Fee Includes: Front Yard Maintenance, Maintenance Grounds
- Association Type: Mandatory
- HOA Management Company Phone: 8552896007
- Association Fee: $50.00
- Association Fee Frequency: Monthly
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/ntreis/20741423
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
- Heating: Central
- Interior Features: Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
- Cooling: Central Air
- Smart Home Features Appor Pass Y: Yes
- Building Area Source: Builder
- Construction Materials: Brick, Siding
- Foundation Details: Slab
- Number Of Stories: 2
- Roof: Composition
- Number Of Units Total: 2
- Levels: Two
- Utilities: City Sewer, City Water
- Concessions YN: Yes
- Handicap: No
- Loan Type: Treat As Clear
- Lot Size Acres: 0.269
- Lot Size Area: 0.269
- Lot Size Units: Acres
- Lot Size Square Feet: 11717.64
- Multi Parcel ID: No
- Parcel Number: 00
- Number Of Buildings: 1
- Capitalization Rate: 8.97%
- Gross Annual Expenses: $20,053
- Gross Annual Income: $64,800
- Insurance Expense: $4,000
- Net Operation Income: $66,347.00
- Approximate SQFT: 1925.0
- Dining Area Length: 9.0
- Dining Area Width: 10.0
- Kitchen Length: 11.0
- Kitchen Width: 15.0
- Living Area Length: 15.0
- Living Area Width: 26.0
- Master Bed Length: 14.0
- Master Bed Width: 10.0
- Number Of Baths Full: 2
- Number Of Baths Half: 1
- Unit Type Type: 4 Bedroom Or More
- Approximate SQFT: 1925.0
- Dining Area Length: 9.0
- Dining Area Width: 10.0
- Kitchen Length: 11.0
- Kitchen Width: 15.0
- Living Area Length: 15.0
- Living Area Width: 26.0
- Master Bed Length: 14.0
- Master Bed Width: 10.0
- Number Of Baths Full: 2
- Number Of Baths Half: 1
- Unit Type Type: 4 Bedroom Or More
Property History for 3113-3115 Long Rope Lane
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3113-3115 Long Rope Lane
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 2 to 12 |
Rating | School | Distance |
|---|---|---|
Rivera Elementary School PublicPK to 5 | ||
Bettye Myers Middle School Public6 to 8 | ||
Ryan High School Public9 to 12 | ||
Lester Davis School Public2 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of MTX Realty, LLC, Lora Karacic; MTX Realty, LLC, Zack Srisauy
The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 10/03/2024 07:10 PM
