Features & Amenities

Interior

  • Other Interior Features

    High Speed Internet

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding

  • Parking

    Additional Parking, On Site, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.289

  • Lot Size(square feet)

    12588.84

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $299,000

  • Tax Amount

    $5,531

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Houston

  • Middle School

    Henry Scott

  • High School

    Denison

Property Features

  • Foundation Details

    Pillar/Post/Pier

  • Sewer

    Public Sewer

  • Tax Lot

    25

  • Water Source

    Public

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Location

County

Grayson

Elementary School

Houston

Middle School

Henry Scott

High School

Denison

Listing Courtesy of Jency McGinley , Keller Williams NO. Collin Cty

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Cash-flow opportunities like this are getting harder to find — especially this close to historic Downtown Denison. At 909 & 913 W. Chestnut, you’re not just buying property… you’re stepping into an income-producing investment with immediate upside already built in.

This triplex features three separate units with private entrances, offering flexibility, privacy, and strong rental appeal. Two lower-level units are already leased, creating instant income from day one, while the freshly renovated upper unit is move-in ready and positioned to quickly attract a new tenant or owner-occupant.

Investors will appreciate the separate electric meters for each unit, helping simplify utility management, while the location is a major value driver. Just minutes from the energy and charm of Downtown Denison, tenants can enjoy walkable access to local restaurants, boutiques, nightlife, and entertainment — exactly the kind of lifestyle today’s renters are searching for.

Whether you’re looking to expand your portfolio, offset your mortgage with rental income, or secure a property with long-term upside in a growing area, this one checks the boxes. Opportunities with existing tenants, recent updates, and strong location appeal do not stay overlooked forever — especially as investors continue searching for properties that are already producing.

Schedule your showing now and see why this triplex could be the smartest move you make this year.
All information to be verified by buyer and buyer agent

909 W Chestnut Street

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Related Properties

Investors and savvy buyers will find a rare gem in this fully updated 4-plex at 505 W Morgan St, which perfectly hits the elusive 1% rule and boasts a stabilized 8% cap rate, ensuring it remains cashflow positive from day 1. This property has undergone a full cosmetic remodel and offers significant structural peace of mind with a foundation repaired in 2024 and a roof replaced in 2017. The layout includes a spacious main building and a separate garage apartment featuring 3 reliable long term tenants who would like to stay (Unit 101 at $850, Unit 102 at $850, Unit 202 at $750) though the vacant unit (Unit 201) provides a perfect opportunity to househack and maximize your returns. Positioned for both incredible appreciation and strong monthly cashflow, this location is poised to benefit from the massive population explosion coming to Denison with the nearby billion-dollar Preston Harbor and Margaritaville developments. Tenants will love the convenience of being just blocks away from the historic charm of Downtown Denison, the recreation at Forest Park, and the community spirit of Munson Stadium. Do not miss this turnkey opportunity to own a high-performing asset in the heart of the North Texas boom. Everything is separately metered and tenants pay all utilities. 

Based on full ask offer, the mortgage would be as follows (Estimates not final, subject to change with market rates, credit, insurance cost, and other varying factors):

- 25% Down Conventional Investment Loan: PITI of $2,624
- 3.5% Down FHA Loan for Househack: PITI of $3,236

Using preferred lender Taylor Hoff, he will provide a free 0.25% discount on interest rate for investment loans, and a free 1-0 buydown for FHA loans
#21256732

Denison

505 W Morgan Street

4 Beds

4 Baths

2,770 Sq.Ft.

$347,500

MLS#: 21256732

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