Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1900
Sq.Footage
1,092
Fantastic investment opportunity on two spacious lots totaling .35 acres. This property includes a three-bedroom home, a detached garage, and a separate workshop—ideal for hobby space, storage, or tinkering with your toys. The second lot is fully fenced and gated, offering privacy and flexibility for future use. The home has solid bones but needs renovation. Flooring and windows are the primary items requiring attention. Because of the flooring condition, the property will not qualify for standard FHA or conventional financing; however, it’s an excellent candidate for an FHA 203K or conventional rehab loan. Estimated repairs are approximately $25,000. The seller is unable to make repairs. There is significant upside here: the second lot provides room to build a second home, a duplex, or even redevelop both lots entirely—creating a strong income opportunity. Major systems are in good shape. The water heater and A C are less than five years old, and the roof is approximately ten years old. Kitchen floor repairs were started but not completed. This location is close to a revitalized downtown Denison and its many entertainment venues. Also, the new Margaritaville will be starting construction soon - a big tourist attraction that will help Denison grow! Bring your vision—properties with this much potential and two full lots at 0.175 acres each don’t come around often.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
3
-
Bathrooms
1
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Additional Parking, Driveway, Garage, Garage Faces Front
-
Patio and Porch Features
Covered
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Interior Lot
-
Lot Size(acres)
0.344
-
Lot Size(square feet)
14,984
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$139,900
-
Tax Amount
$2,877
-
Sq. Footage
1,092
-
Price/SqFt
$128
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
4 & 5
-
Water Source
Public
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Location
County
Grayson
Elementary School
Houston
Middle School
Henry Scott
High School
Denison
Listing Courtesy of Richard Campbell , Jones-Papadopoulos & Co
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AGENT
Joe Boston
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