ActiveResidential · sale

700 El Paseo

Denton, TX 76205

$11,000,000

  • 9 beds
  • 14 baths
  • 13,057 sq ft
  • 35.24 acres
  • Built 1986

Listed by Simms Frontier Real Estate · MLS #ACT5197250

700 El Paseo, Denton, TX 76205 — photo 1 View full photo
1 / 40

A FEW THINGS TO NOTICE

What stands out.

Additional spaces

An 842 square foot Casita has one bedroom, one bathroom, a living area and kitchenette.

Living spaces

The 9,335 square foot main home includes four bedrooms, six bathrooms, multiple living and dining areas, library, and a wet bar with 480-bottle climate-controlled walk-in wine cellar.

Details worth a look

The property also features a 3,660 square foot airconditioned Workshop, with Hobby Room, Study, Den, two full bathrooms, and a patio.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

This landmark property, nestled on 35 landscaped acres within the Montecito neighborhood of Denton, TX has been thoughtfully designed with meticulous attention to detail and functionality. The 9,335 square foot main home includes four bedrooms, six bathrooms, multiple living and dining areas, library, and a wet bar with 480-bottle climate-controlled walk-in wine cellar. Expansive windows frame views of the stunning grounds, which feature a 6-hole pitch and putt golf course, a bass pond, a catfish pond, tennis court, swimming pool, and spa. Enjoy the quiet beauty of this private sanctuary as you meander through 3.5 miles of paved walking paths among mature trees, ponds, and gardens. The 1,657 square foot Bunk House has four bedrooms, with four ensuite bathrooms, a living area, and kitchenette. An 842 square foot Casita has one bedroom, one bathroom, a living area and kitchenette. The property also features a 3,660 square foot airconditioned Workshop, with Hobby Room, Study, Den, two full bathrooms, and a patio. The 973 square foot greenhouse is heated and cooled for year-round enjoyment. This is rare opportunity to own a truly magnificent estate in Texas.
Take a virtual tourExplore the locationMore properties in Denton

THE NEIGHBORHOOD

Explore the location.

700 El Paseo, Denton, TX 76205

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1986
Full baths
12
Half baths
2
Garage spaces
3
Cooling
Ceiling Fan(s), Electric
Heating
Natural Gas
Appliances
Cooktop, Dishwasher, Disposal, Electric Cooktop, Exhaust Fan, Ice Maker, Electric Oven, Double Oven, Refrigerator, Stainless Steel Appliance(s), Trash Compactor, Vented Exhaust Fan, Water Heater, Wine Cooler
Flooring
Carpet, Tile
Fencing
Fenced, Full, Gate, Masonry, Perimeter, Privacy
Accessibility
None
Pool features
Cabana, Diving Board, Gunite, Heated, In Ground, Outdoor Pool
Subdivision
Newman Sub
Parcel
115366
Elementary school
Outside School District
Middle school
Outside School District
High school
Outside School District
Annual property tax
$81,438.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$45,833.33
Cap rate—

Annual operating income: —

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services
Contact ERA about this property

Ask about this property.

700 El Paseo, Denton, TX 76205 · MLS #ACT5197250

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

Listing information

MLS #ACT5197250 · Austin Board of Realtors

Listing brokerage: Simms Frontier Real Estate
Listing agent: Chan Simms

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.