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$245,000

$250,000

1032 Ray Drive, Denison, TX, 75020

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,248 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.31 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size6,229 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APND005 3629008
Lot Number8
SubdivisionSycamore Springs Phase 1a
Land UseResidential
Legal DescriptionSYCAMORE SPRINGS PHASE 1A, LOT 8, ACRES .143
Census Tract000400
Assessed Land Value$40,800
Assessed Improvement Value$201,949
Assessment Year2025

About this property

Enjoy comfort, flexibility, and modern style in this beautifully designed 3-bedroom, 2-bath home with a dedicated office and an inviting open-concept layout perfect for everyday living and entertaining. Step inside to find luxury vinyl wood-look plank flooring throughout the home — no carpet, creating a clean, cohesive, and low-maintenance living space. The open floor plan allows natural light to flow effortlessly through the living, dining, and kitchen areas, making the home feel bright and welcoming from the moment you enter. The kitchen serves as the heart of the home with plenty of space for gathering, cooking, and entertaining, while the dedicated office provides flexibility for working from home, hobbies, or additional flex space to fit your lifestyle. Privately situated at the back of the home, the spacious primary suite offers a peaceful retreat complete with a private en-suite bathroom and a large walk-in closet. The secondary bedrooms are well-sized and versatile, ideal for guests, additional office space, or growing household needs. Step outside to enjoy the large fully fenced backyard, offering endless possibilities for outdoor entertaining, pets, gardening, or simply relaxing in your own private outdoor space. With its modern finishes, flexible layout, and move-in ready feel, this home offers the perfect balance of comfort and functionality. Schedule your private showing today!

Investor Tools

Property Icon
$249,000
Estimated Property Value
$0Estimated Mortgage Balance
$106,525Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

Interested in this property?

Mallory Adams

OmniKey Realty, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,690
$242,749
2025
$40,800
$201,949
$242,749
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,690
$242,749

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sofi Bank Na
Conventional
$150,000
No
First
Sep 7, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,475
$106,525
42%
57%
$900/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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1032 Ray Drive | Property Details | No Agent List