Date
Details
Price
Change
Source
9/20/2026
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$1,400,000
Property Description
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.
Full Property Details
Full Property Details for 5280 Atwell Ln
General
- Price: $1,400,000
- Taxes: $853
- Status: Active
- Type: Multi-Family
- Source: NTREIS
- MLS ID: 21391558
- Updated: 10/7/2026
- Added to Site: 19 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, High Speed Internet, Vaulted Ceiling(s)
- Appliances: Dishwasher, Electric Oven, Electric Water Heater
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 10
Bedrooms
- Total Bedrooms: 14
Additional Information
- Security/Safety: Gated Community
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Spaces: 4
- Carports: Yes
- Carport Spaces: 6
- Covered Spaces: 10
- Total Spaces: 14
- Parking Features: Carport
Location
- County: Denton
- Subdivision: Reed Camp
- Driving Directions: From I-35E Head north on Mayhill Rd. Go east on Mckinney St. North on Lakeview ln. East on Atwell Ln. You will run straight into the property at the bottom of the hill. You will see the address sign and entrance.
School Information
- Elem School District: Denton ISD
- Midd School District: Denton ISD
- High School District: Denton ISD
- Elementary School: Hodge
- Middle School: Bettye Myers
- High School: Ryan H S
Community
- Gated community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Multi Units, Wall Unit(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Private, Well
- Well: Yes
- Utility Description: Electricity Connected, Septic Available, Water Available
Structural Information
- # Buildings: 8
- Detached/Attached: Detached
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 5,604
- Sq. Ft. Source: Owner
- Year Built: 1986
- Property Condition: Resale
Lot Features
- Property View: Water
- Lot Size (Acres): 1.033
- Lot Size (Sq. Ft.): 44,997.48
- Lot Features: Backs to Greenbelt/Park, Greenbelt, Few Trees, Waterfront
- Fencing (Description): Chain Link, Metal
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Green Features
- Water Conservation: Gray Water System
Financial Considerations
- Tax Amount: $853
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: REED CAMP BLK I LOT 5
- Property ID: R160849
- Block: I
- Lot Number: 5
Listed by INC Realty, LLC, Leslie Schmidtke
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 5280 Atwell Ln —
Leslie Schmidtke
INC Realty, LLC
940-367-6596
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5280 Atwell Ln
School District:Denton Independent School District
| Name | Grades | Distance |
|---|---|---|
Hodge Elementary School 3900 Grant Parkway, Denton, TX 76208 | K-5 | 4.6 mi |
Bettye Myers Middle School 131 Garza Road, Shady Shores, TX 76208 | 6-8 | 2.3 mi |
Ryan High School 5101 East McKinney Street, Denton, TX 76208 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5280 Atwell Ln
Tax History
Tax History for 5280 Atwell Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$881
3%
$63,250
—
2023
$853
-1%
$63,250
15%
2022
$859
100%
$55,000
450%
2020
100%
$10,000
—
2019
-100%
$10,000
127%
2019
$75
-4%
$4,400
—
2018
$78
—
$4,400
—
2017
$78
-48%
$4,400
-48%
2016
$151
1%
$8,456
2%
2015
$149
-3%
$8,257
-2%
2014
$153
-1%
$8,427
-1%
2013
$154
—
$8,513
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5280 Atwell Ln
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5280 Atwell Lane, Denton, TX 76208 (MLS# 21391558) is a Multi-Family property with 8 units containing 14 bedrooms and 10 full bathrooms. 5280 Atwell Lane is currently listed for $1,400,000 and was received on September 20, 2026. Want to learn more about 5280 Atwell Lane? Do you have questions about finding other Multi-Family real estate for sale in Denton? You can browse all Denton real estate or contact a Coldwell Banker agent to request more information.