1202 Hopkins Drive
About This Property
Inside, the home features expansive living areas and impressively sized rooms that create a comfortable and flexible layout. The large kitchen provides abundant counter space and storage, making it the natural gathering place for cooking, hosting, and daily life.
The location places you close to everything that makes Denton special, including the restaurants, shops, and live music of Downtown Denton, while also offering convenient proximity to the University of North Texas, Texas Woman's University, and major commuter routes including I-35E and I-35W.
With a spacious lot, oversized rooms, and an unbeatable location near downtown and the universities, this property offers the rare combination of space and convenience that buyers love in Denton.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 21, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Nov 24, 2025 | Listed by Jason Mitchell Real Estate Texas | $385,000 | |
| Listed by Jason Mitchell Real Estate Texas | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017