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$900,000

000 Bluebonnet Avenue, Denison, TX, 75020

On MarketInfo

About this property

Exceptional 9.6-Acre Residential Development & Estate Opportunity Adjacent to Waterloo Lake! Rarely does a property of this size, location, and potential become available in the heart of Denison. This unimproved land tract offers a unique opportunity to create a premier residential development or establish a private estate surrounded by natural beauty. Positioned along Debra Avenue with approximately 671 feet of road frontage, the property enjoys excellent accessibility and development flexibility. Currently zoned Single-Family SF-7.5, the site is well-suited for a thoughtfully planned residential community or an expansive custom homesite with ample room for recreational amenities and guest accommodations. One of the property’s most distinctive features is its shared boundary with Waterloo Lake land, creating a rare natural backdrop and the potential for scenic lake views. With strategic site design and home placement, future residences may capture beautiful vistas overlooking the lake and park, enhancing both lifestyle appeal and long-term value. Convenient access to Waterloo Park, local schools, shopping centers, restaurants, healthcare facilities, and major transportation corridors. While offering a peaceful, acreage setting, the property remains firmly connected to the amenities and services that make Denison one of North Texas’ most desirable and rapidly growing communities. Infrastructure is readily accessible, with city utilities and electric service available nearby, supporting efficient future development. A development plan is available for review, providing valuable insight into the property’s potential and helping accelerate the planning process. Whether envisioned as a luxury estate overlooking the Waterloo Lake area, a family compound, or a high-quality single-family residential development, this remarkable property presents an increasingly rare opportunity to acquire significant acreage in an established and highly desirable Denison location.

Investor Tools

$0Estimated Mortgage Balance
$900,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

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Victoria Woodard

HBL, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Denison

000 Bluebonnet Avenue | Property Details | No Agent List