5280 Atwell Lane, Denton, TX 76208
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5280 Atwell Lane Denton, TX 76208

14 Beds

10 Baths

1.03 Acres Lot


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Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Reed Camp

MLS Listing ID 21391558

Bedrooms 14

Full Baths 10

HOA Y/N None

Total Fin. Sqft 5604

Year Built 1986

Annual Tax Amount $853

Lot Size 1.033 Acres

Acres 1.033

Property Sub-Type Multiple Single Units

Property Description

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.

Location

State TX

County Denton

Direction From I-35E Head north on Mayhill Rd. Go east on Mckinney St. North on Lakeview ln. East on Atwell Ln. You will run straight into the property at the bottom of the hill. You will see the address sign and entrance.

Interior

Interior Features Eat-in Kitchen, High Speed Internet Available, Vaulted Ceiling(s)

Heating Central, Electric

Cooling Central Air, Multi Units, Wall Unit(s)

Flooring Carpet, Luxury Vinyl Plank

Appliance Dishwasher, Electric Oven, Electric Water Heater

Heat Source Central, Electric

Exterior

Exterior Feature Covered Patio/Porch, Gray Water System, Storage

Garage Spaces 4.0

Carport Spaces 6

Fence Chain Link, Metal

Utilities Available Aerobic Septic, Electricity Connected, Gravel/Rock, Outside City Limits, Private Water, Septic, Well

Waterfront Description Lake Front,Lake Front – Corps of Engineers,Lake Front – Main Body

Roof Type Metal

Total Parking Spaces 10

Garage Yes

Building

Lot Description Adjacent to Greenbelt, Few Trees, Greenbelt, Water/Lake View, Waterfront

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Siding

Schools

Elementary Schools Hodge

Middle Schools Bettye Myers

High Schools Ryan H S

School District Denton Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Leslie Schmidtke • INC Realty, LLC
David DeVout

David DeVout

Agent License ID: 0566942

+1(214) 544-9106

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