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$1,338,903

NAL Estimated Property Value

1001 N Armstrong Avenue, Denison, TX, 75020

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths14,838 Sq Ft
Year BuiltBuilt in 1986

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile, Other, Vinyl

Exterior

Lot Size2.05 acres

Building Information

Year Built1986

Land Information

APND003 115601401
SubdivisionStreeper J E A-G1156
Land UseCommercial
Legal DescriptionG-1156 STREEPER J E A-G1156, ACRES 2.0532
Census Tract000501
Assessed Land Value$148,042
Assessed Improvement Value$1,190,861
Assessment Year2025

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.

Investor Tools

Property Icon
$1,338,903
Estimated Property Value
$0Estimated Mortgage Balance
$1,338,903Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,340 /month
Positive
Cash Flow Estimate:
$2,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,159/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,209
$1,338,903
2025
$148,042
$1,190,861
$1,338,903
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,209
$1,338,903

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,338,903
100%
0%
$0/mo

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Denison

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1001 N Armstrong Avenue | Property Details | No Agent List