2422-2428 Charlotte St, Denton, TX 76201

$2,950,000
32
BD
30
BA

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List Price
$2,950,000
MLS#
21408209
Status
ACTIVE
Type
Condo
Subtype
ResidentialIncome
Year Built
1964
Construction Status
Preowned
Bedrooms
32
Full Baths
30
Acres
0.69
County
Denton
City
Denton
Subdivision
OWSLEY PARK
Building Name
Charlotte Place Apartment

Property Description

Built in 1964, Charlotte Place Apartments is a 30-unit, two-building community that sits 0.7 miles (a 14-minute walk) from the core of University of North Texas Union Circle campus (approx. 40,000 students on the Denton campus, fall 2025) and less than a mile from the popular Fry Street area, Denton's primary restaurant and bar corridor. Charlotte Place offers a straightforward mix of 14 studios (virtually identical to the 1 bedroom units), 14 one-bedrooms, and 2 two-bedrooms. Studios and one-bedrooms are the easiest units to lease near UNT, due to higher demand from students, graduate students, and young professionals who want to live alone close to campus. Residents pay their own unit electric; the owner covers only water and trash and common area electric (property lighting and laundry room). The property underwent a full renovation in 2012: new kitchens and bathrooms with new cabinets, appliances, and wood flooring in living and kitchen areas; all above-slab plumbing replaced with PVC and water lines fully replaced; new copper wiring with individual electric meters installed and all AC units replaced. Nine units have since received some alternate styling updates (different flooring, painted cabinets and hardware) and all units come with a full kitchen appliance package, ceramic tile baths and a mix of luxury vinyl tile and hardwood flooring. On-site laundry, an outdoor courtyard, and a nearby DCTA bus stop round out the amenity package. The property is currently 90% leased. Denton's multifamily sector is working through an abundance of new apartment supply with rents down 5.7% year-over-year per Apartment List (October 2026), though rents have risen 3.1% year-to-date and vacancy rates are described as still elevated (Denton Record-Chronicle, July 2026). Charlotte Place is leasing up against that backdrop and doing well. An easy move that doesn't require additional capital is adding a modest $30 month utility reimbursement.

Additional Information

Lot Size
30,056
Acres
0.69
Lot Description
Corner Lot
Interior Features
Open Floor Plan, Pantry, Walk-In Closet(s)
Flooring
Carpet, Tile, Vinyl, Wood
Foundation
Slab
Roof
Shingle
Stories
2
Pool Features
None
Exterior
Courtyard, Lighting
Parking Garage
Paved, Parking Lot, On Street
School District
Denton Isd
Elementary School
Newton Rayzor
Middle School
Calhoun
High School
Denton
Possession
CloseOfEscrow
Community Features
Laundry Facilities, Curbs, Sidewalks

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Calculator source: Real Geeks

Listing courtesy of Steven Geis from Ray Gun Commercial. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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