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$247,000

NAL Estimated Property Value

1020 W Ford St, Denison, TX, 75020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,250 Sq Ft
price_per_sqft$180 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave
FlooringLaminate, Luxury Vinyl Plank

Exterior

Lot Size12,998 sqft

Building Information

Year Built1940
Roof Type109
Garage Spaces2

Land Information

APND044 3041073
Lot Number6,7
SubdivisionCyrene Park Addn
Land UseResidential
Legal DescriptionCYRENE PARK ADDN, BLOCK 9, LOT 6 & 7, ACRES .2984
Census Tract000700
Assessed Land Value$57,200
Assessed Improvement Value$176,252
Assessment Year2025

About this property

Rare opportunity in Denison- HUGE SHOP. Properties with this much land, privacy, and functional improvements are becoming increasingly difficult to find, especially within the city limits. Situated on a large .29 acre double lot, this home provides a spacious backyard with plenty of room to enjoy, entertain, and truly make the space your own. The entire rear yard is enclosed with an eight foot privacy fence and custom gate, creating a level of privacy and security that is hard to come by. Installing a fence of this size and quality today would require a significant investment. The 28x13 covered back patio offers 364 square feet of comfortable outdoor living space, perfect for morning coffee, evening dinners, or weekend gatherings with friends and family. The 35x24 metal shop with a sixteen foot door offers 840 square feet of highly functional space for storage, parking, hobbies, or work projects, and represents a major improvement that would be costly to add to a property today. Several important updates have already been completed, including an HVAC system that is approximately five years old and an upgraded tankless gas water heater that is only two years old. The 22 foot wide asphalt driveway comfortably accommodates two full size trucks side by side, adding both convenience and everyday practicality. Three bedrooms. Two bathrooms. Thoughtfully updated throughout. 1020 Ford Street in Denison offers space, privacy, and improvements that would be expensive and time consuming to recreate in today’s market. Schedule your viewing today before its gone.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$175,848Estimated Mortgage Balance
$71,152Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,324
$233,452
2025
$57,200
$176,252
$233,452
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,324
$233,452

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$190,425
Yes
First
May 2, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,848
$71,152
28%
71%
$1,142/mo

City: Denison

1020 W Ford St | Property Details | No Agent List