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$299,000

105 Texoma Terrace Rd, Denison, TX, 75020

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$59.8 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size23,522 sqft

Building Information

Year Built1957
Stories2
Garage Spaces2

Land Information

APN024B6566010
Lot Number11
SubdivisionThompson Heights Southeast
Land UseResidential
Legal DescriptionTHOMPSON HEIGHTS SOUTHEAST, BLOCK 1, LOT 11, ACRES .54
Census Tract000302
Assessed Land Value$92,913
Assessed Improvement Value$176,736
Assessment Year2025

About this property

Incredible Lake Texoma Investment Opportunity! Situated on a peaceful 0.54-acre lot in the prestigious Thompson Heights neighborhood, this builder's special offers the rare chance to create your dream lake retreat or capitalize on an outstanding investment opportunity. With selective tree trimming, you'll enjoy fabulous views of Lake Texoma from this exceptional property surrounded by luxury million-dollar homes. Ready for a complete finish-out, this home provides the perfect blank canvas to customize every detail to your style while maximizing your return on investment. Upper new addition is ready for completion. Whether you're looking for a weekend getaway, vacation rental, or full-time residence, the possibilities are endless. Ideally located less than five minutes from Eisenhower State Park and the public boat launch, you'll have quick access to boating, fishing, hiking, and all the outdoor recreation Lake Texoma is known for. Plus, enjoy the convenience of nearby marinas, local dining, and a short drive to Choctaw Casino & Resort for entertainment, dining, and nightlife. Don't miss this rare opportunity to own in one of Lake Texoma's most desirable neighborhoods and transform this property into something truly spectacular.

Investor Tools

$112,176Estimated Mortgage Balance
$257,824Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

Interested in this property?

Layla Fain

Easy Life Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,077
$179,311
2025
$92,913
$176,736
$269,649
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,077
$179,311

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Steelcore Inc
Purchase Money Mortgage
$125,000
No
First
Mar 29, 2021
Mar 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,176
$257,824
69%
30%
$750/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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