About 5280 Atwell Lane
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 of 5280 Atwell Lane
| MLS® # | 21391558 |
|---|---|
| Price | $1,400,000 |
| Bedrooms | 14 |
| Bathrooms | 10.00 |
| Full Baths | 10 |
| Square Footage | 5,604 |
| Acres | 1.03 |
| Year Built | 1986 |
| Type | Residential Income |
| Sub-Type | Multiple Single Units |
| Status | Active |
Community Information
| Address | 5280 Atwell Lane |
|---|---|
| Subdivision | Reed Camp |
| City | Denton |
| County | Denton |
| State | Texas |
| Zip Code | 76208-8012 |
Amenities
| Utilities | Aerobic Septic, Electricity Connected, Gravel/Rock, Outside City Limits, Private Water, Septic, Well |
|---|---|
| Parking Spaces | 14 |
| # of Garages | 4 |
| Garages | Carport |
| Is Waterfront | Yes |
| Waterfront | Lake Front, Lake Front – Corps of Engineers, Lake Front – Main Body |
| Has Pool | No |
Interior
| Interior Features | Eat-in Kitchen, High Speed Internet Available, Vaulted Ceiling(s) |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Exterior Features | Covered Patio/Porch, Gray Water System, Storage |
|---|---|
| Lot Description | Adjacent to Greenbelt, Few Trees, Greenbelt, Water/Lake View, Waterfront |
| Roof | Metal |
| Construction | Siding |
| Foundation | Pillar/Post/Pier |
School Information
| District | Denton ISD |
|---|---|
| Elementary | Hodge |
| Middle | Bettye Myers |
| High | Ryan H S |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Leslie Schmidtke |
|---|---|
| Office | INC Realty, LLC |
| Contact Info | 940-367-6596 |
| Office Contact | 940-367-6596 |
