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$229,000

116 W Heron Street, Denison, TX, 75021

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths800 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 2Bathrooms Half 2
AppliancesElectric Range, Gas Range, Gas Water Heater, Refrigerator
FlooringLaminate

Exterior

Lot Size7,501 sqft

Building Information

Year Built1930

Land Information

APND030 3205004
Lot Number5
SubdivisionStewarts 1st Addn
Land UseReal-Residential Duplexes
Legal DescriptionSTEWARTS 1ST ADDN, BLOCK 1, LOT 5, ACRES .1722
Census Tract000700
Assessed Land Value$34,875
Assessed Improvement Value$81,074
Assessment Year2025

About this property

ATTENTION ALL INVESTORS !!! Newly remodeled and rent ready on one side with long time tenant in the other side, this Duplex property is conveniently located close to the Downtown area of Denison and all it has to offer with the exciting Main Street Merchants. Work downtown, live close by. Building leveled in 2024. Long time tenant works nights so a showing appointment is needed for the single side as he is a day sleeper. #118 being the 1br-1ba most likely after 4pm, and #116 the 2br-1.5 ba unit is current vacant and can be shown at any time.

Investor Tools

$0Estimated Mortgage Balance
$241,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,697
$115,949
2025
$34,875
$81,074
$115,949
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,697
$115,949

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$241,000
100%
0%
$0/mo

City: Denison