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$875,000

1018 S Austin Ave, Denison, TX, 75020

On MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths2,601 Sq Ft
BusinessBusiness
price_per_sqft$336.41 / sqft
Year BuiltBuilt in 1963

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Range, Electric Water Heater, Microwave
FlooringTile, Wood

Exterior

Lot Size13,948 sqft

Building Information

Year Built1963

Land Information

APND030 3052178
Lot Number10
SubdivisionDumas J P Addn
Land UseCommercial
Legal DescriptionDUMAS J P ADDN, BLOCK 20, LOT 10 & PT 9, ACRES .3202
Census Tract000700
Assessed Land Value$75,051
Assessed Improvement Value$226,060
Assessment Year2025

About this property

Prime investment opportunity with excellent visibility on S. Austin Avenue, just minutes from Downtown Denison! This income-producing property features a leased restaurant offering Vietnamese cuisine plus a separate updated 2-bedroom, 1.5-bath residence, also leased—providing two potential income streams. Recent improvements include a new TPO roof, new grease trap, and updated plumbing. Situated on approximately 0.32 acres with ample parking and Commercial-Residential zoning. Ideal for an investor or owner-user looking for a versatile property with established rental income and a high-visibility location. Don’t miss this unique commercial + residential opportunity!

Investor Tools

$0Estimated Mortgage Balance
$301,111Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Houston Stanley

C-21 DEAN GILBERT, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,996
$301,111
2025
$75,051
$226,060
$301,111
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,996
$301,111

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$301,111
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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1018 S Austin Ave | Property Details | No Agent List