Sell Your Commercial Property In Denton, TX

Who rents in Denton

Renters hold 50.0% of Denton's 56,664 occupied homes, well above Denton County's 34.5% share, under ACS 2020-2024 estimates. Buildings of five or more units make up 29.5% of the city's 60,531 units, above the county's 22.1% share, near the University of North Texas and Texas Woman's University. UNT's 43,567 students and TWU's 15,424 students, per each school's fall 2025 enrollment figures, together equal 38.6% of Denton's population and sustain that renter demand. Denton's median home dates to 1997, and 26.9% of units predate 1980. An investor selling commercial property in Denton weighs that stock against a 5.4% rental vacancy rate.

Rents and affordability in Denton

Denton's median gross rent is $1,420 a month under ACS 2020-2024 data, below Denton County's $1,728 median, a gap tied to the student renter pool. HUD's FY2027 fair market rents for ZIP 76201, covering downtown Denton, range from $1,220 to $2,370. Renters paying 30% or more of income toward rent reach 58.0% of the city's 28,332 renter households, and 31.8% pay half or more. Denton's $76,019 median household income, under the same ACS estimates, sits below what that rent burden would suggest, reflecting the share of renters who are students.

Property taxes in Denton County

An owner who wants to sell commercial property in Denton, TX faces three tax layers on one Denton Central Appraisal District value: the city's $0.595420 rate, Denton County's $0.185938 rate, and Denton ISD's last-posted $1.1569 rate, each per $100. The city's rate splits into $0.334780 for operations and $0.260640 for debt, per its own 2026 tax notice. Combined, all three layers total $1.938258 per $100, so a $2,000,000 value owes about $38,765 a year. Denton ISD voters raised the operating rate via Proposition A in November 2025, per KERA News, ahead of the district's posted update. Texas charges no state transfer tax; Denton County's clerk charges $29 to record a one-page deed. Owners can protest a value by May 15 or 30 days after the notice, whichever is later.

Landlord rules in Denton

Texas law shapes any deal to sell commercial real estate in Denton, TX. Property Code 92.103 gives a landlord 30 days after a tenant surrenders a unit to refund a deposit. Property Code 24.005 requires at least three days' written notice to vacate before most nonpayment evictions. Local Government Code 214.902 bars rent control absent a governor-approved disaster, so Denton cannot cap rents on its own. These statutes apply the same way to a multifamily sale in Denton as anywhere else in Texas, since the state preempts local landlord-tenant rules.

What it means for an owner

For an owner, Denton's renter-majority stock and two state universities support demand, but the combined $1.938258 tax layer drives net return more than any single factor. Peterbilt's 750,000th truck milestone in 2023 points to a stable manufacturing base alongside that university-driven renter demand. Skyline Capital Investments buys 5+ unit buildings and helps owners who want to sell commercial property in Denton, TX move through diligence quickly. Owners ready to sell multifamily property in Denton can start with our cap rate calculator or the Sell My Apartment Building page.