
$1,338,903
NAL Estimated Property Value1001 N Armstrong Avenue, Denison, TX, 75020
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About this property
Ownership of this licensed operating residential health care business with completely renovated building in preferred retirement location now available. This 28 rm, 47 bed Type B Assisted Living Facility caters to a range of residential care including memory, hospice and other health needs. Ladies and Mens prep-shower areas available and semi private Jack n Jill restrooms or private restrooms in rooms. Renovation in 2021 includes HVAC, Electric, Plumbing, HWH’s, Fire and Sprinkler System, Flooring, Ceilings, Stonework. Lush natural landscape in a peaceful setting with amenities including Hair Salon, Library, Wellness area, Laundry Bldg., Courtyard area, Dining Rm and Commercial Kitchen. Structurally rated A+ with additional land available to expand. Located near the heart of Denison's $80 mil revitalization, a vibrant entertainment community with galleries, music, wineries, cafes, boutiques, only 8 blocks from Downtown. Non cash buyers please check with your lender for financing terms.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Denison
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