Very nice 6 unit investment property in a well maintained area. Large spacious units are in good condition with stable tenants. Open living area. Kitchen with island bar and eating area with SS appliances. Half bath down. Stackable washer and dryers. Large BR down with on suite bathroom. Rear car garage. Small yard. Close to schools, medical and shopping. 5400 Del Rey Drive 3 2.5 2 5404 Del Rey Drive 4 2.5 2 5408 Del Rey Drive 4 2.5 2 5412 Del Rey Drive 4 2.52 5416 Del Rey Drive 4 2.5 2 5420 Del Rey Drive 3 2.5 2
Multi-familyProperty Type
2014Year Built
3,528 sq ftLot Size
$131Price/Sq.Ft.
1 garage spacesParking
Listed by Cathy Crowe• All Star Home Group Realty
Bought with Cathy Crowe• All Star Home Group Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
3,537 Sq. Ft.
Year renovated
—
Sq. Ft.
1,538
Year built
2014
Style
Townhouse
County
Denton County
APN
R 000000285452
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 2026.
R6
Residential 6 District
The R6 district is intended to accommodate a variety of housing types on lots designed to encourage walking to neighborhood-serving retail and other amenities such as parks and school facilities. This zoning district will ensure existing neighborhood character is maintained while also serving as a transition area between established single-family neighborhoods and mixed-use neighborhoods, commercial areas, and key corridors.
Permitted uses
Include but are not limited to:
Agriculture-Other
Community / recreation center
Garden center
Infrastructure
Educational/school
Recreation
Park & open space
Apr 6, 2015 • Final
Fire construction pe
Work on fire construction.
Fire sprinkler
Jun 19, 2014 • Final
Utilities
Install or replace a water meter.
Electrical
Electric meter
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Number Of Parking Spaces: 12
Open Parking Spaces: 0
Parking Features: 2-Car Single Doors, Garage Door Opener, Garage, Garage Faces Rear
Parking & Garage
Has Garage
Interior
Virtual Tour
Heating & Cooling
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Interior Features
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Living Area: 10282.00
Levels: Two
Flooring: Carpet, Ceramic Tile, Laminate
Interior Features: Cable TV Available, Decorative Lighting, High Speed Internet Available, Vaulted Ceiling(s)
Exterior
Building Information
Roof: Composition
Construction Materials: Siding
Foundation Details: Slab
Exterior Features
Fencing: None
Waterfront Information
Waterbody Name: Lewisville
Farm Information
Barns Count: 0
Lot Information
Lot Features: Corner Lot, Interior Lot, Landscaped, Sprinkler System
Lot Size Acres: 0.0810
Lot Size Area: 0.0810
Lot Size Square Feet: 3528.3600
Lot Size Units: Acres
Parcel Number: R285452
RATIO List Price By Lot Size Acr: 16666666.66667
Will Subdivide: No
Property Information
Property Type: Residential Income
Property Sub Type: Apartment
Accessibility Features YN: No
Property Attached YN: No
Accessory Unit YN: No
Multi Parcel IDYN: Yes
Property Key: 48121|R285452|1|140476457
Property Match: APN
US Property MUI: 410290821
Building Information
Building Area Total: 10282.00
Building Area Source: Plans
Year Built: 2014
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Block: 11
Tax Legal Description: VILLAGES OF CARMEL PH I BLK 11 LOT 12
Tax Lot: 12
Unexempt Taxes: 30903
Lease Information
Tenancy: 6 Months or Less, 9 Months or Less, Month to Month, Over 9 Months, Pets Allowed
Financial Information
Buyer Financing: Conventional
Capitalization Rate: 4.79
Loan 1 Amount: 750000
Loan 1 Interest Rate: 4.00
Loan 1 Years: 30
Loan Type: Treat As Clear
Mortgage Company: Private
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water, Individual Water Meter
Energy Efficiency Features
Green Energy Efficient: Appliances
Location
Multi-Unit Information
Number Of Buildings: 1
Number Of Units Total: 6
Gross Annual Income: 119940.00
Gross Annual Expenses: 13329.00
Insurance Expense: 9275
Net Operation Income: 64711
Operating Expense Includes: Maintenance, Manager
HOA Information
Association Fee Includes: Maintenance Structure
Association Type: Mandatory
Association Fee: 1200
Association Fee Frequency: Annually
HOA Management Company Phone: 9725031935
School Information
Elementary School: Pecancreek
Elementary School Name: Pecancreek
High School: Ryan H S
High School Name: Ryan H S
Middle Or Junior School: Bettye Myers
Middle School Name: Bettye Myers
School District: Denton ISD
Location Information
County Or Parish: Denton
Country: United States
Directions: Use GPS
Latitude: 33.17318200
Longitude: -97.07654700
Geocode Confidence: High
Complex Name: Villages of Carmel
Subdivision Name: Villages Of Carmel Ph I
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 1,538
Stories: 2.0
Lot Size: 3,537 square feet
Style: Townhouse
Year Built: 2014
Year Renovated: —
County: Denton County
APN: R 000000285452
Home facts updated by county records on Oct 22, 2026
Other
Green Verification Information
Green Verification Count: 0
Listing Information
Contingency Info: EM -buyer out of country
Listing Agreement: Exclusive Right To Sell
Listing Id: 14437269
Listing Key Numeric: 127896172
Listing Terms: Cash, Conventional
Mls Status: Closed
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 13
Possession: Closing/Funding
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Listing Date Information
Days On Market: 82
Cumulative Days On Market: 82
Close Date: 2021-02-12
Purchase Contract Date: 2020-12-09
Listing Contract Date: 2020-09-18
Off Market Date: 2020-12-09
Price Change Timestamp: 2020-09-28T15:36:26.210
Status Change Timestamp: 2021-02-23T15:26:31.510
Listing Price Information
Original List Price: 1380000.00
Previous List Price: 1380000.00
List Price: 1350000.00
RATIO Close Price By Lot Size Ac: 16666666.66667
RATIO Current Price By Lot Size: 16666666.66667
Around this home
Schools
K - 12
Preschool & daycare
Pecan Creek Elementary School
Public PreK-5 • Assigned • 0.6mi
7/10
Bettye Myers Middle School
Public 6-8 • Assigned • 2.2mi
5/10
Ryan High School
Public 9-12 • Assigned • 2.6mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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