Welcome to The Porches, a one-of-a-kind lakefront residential community offering outstanding income-producing potential on just over one acre outside city limits with no HOA. This unique property features eight residences: two three-bedroom, two-bath homes; two two-bedroom, one bath homes, including one with a wraparound porch accessible from the primary bedroom; and four charming one-bedroom, one-bath cottages. Each residence offers an inviting covered porch, creating a welcoming and cohesive community atmosphere.
Backing to U.S. Army Corps of Engineers land, the property provides scenic lake views and convenient walking access to the water for fishing and outdoor recreation. The fully fenced and gated community is equipped with security cameras and monitoring equipment, offering tenants added privacy and peace of mind.
The property is served by two city water meters and also includes a private well used for lawn irrigation. An on-site storage container provides convenient space for the owner’s lawn equipment and maintenance supplies. With additional room to add another cottage, “The Porches” presents a rare opportunity to own an established lakefront community with both immediate income potential and room for future growth.
Features
14 bedrooms
10 bathrooms
directions_car14 carspaces
directions_car6 carport spaces
directions_car4 garage spaces
5604 sq. ft. floor area
crop_free44997.48 sq. ft. lot size
cottageMulti-Family
Property history for 5280 Atwell Ln
2019
Sold
Undisclosed
19 Sep 2019 by Linda Jeffery, of Keller Williams Realty - Dallas Metro North
Happy sellers in Denton
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Local market activity for 14 bedroom multi families in Denton
Sold
For Sale
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