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B+
NoAgentList RatingHow are grades calculated? Info
Days980Days on Market
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$385,000

120 E Monterey St, Denison, TX, 75021

On MarketInfo
Beds8 Beds
Baths4 Bath
Baths3,200 Sq Ft
QuadruplexQuadruplex
price_per_sqft$112.5 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size15,002 sqft

Building Information

Year Built1950
Roof Type109
Garage Spaces3

Land Information

APND029 3052414
Lot Number3,4
SubdivisionDumas J P Addn
Land UseResidential
Legal DescriptionDUMAS J P ADDN, BLOCK 41, LOT 3 & 4, ACRES .3444
Census Tract000700
Assessed Land Value$44,250
Assessed Improvement Value$310,123
Assessment Year2025

About this property

Fantastic investment opportunity offering four income-producing units in one property! This quadplex is an excellent addition to any real estate portfolio, providing multiple streams of rental income and long-term investment potential. Whether you're an experienced investor or looking to expand your holdings, this property offers the opportunity to generate consistent cash flow in a desirable location. Each of the four units features a functional 2-bedroom, 1-bath floor plan designed to appeal to a wide range of tenants. Bright and inviting living areas flow seamlessly into the kitchen and dining spaces, creating comfortable layouts ideal for everyday living. The well-sized primary bedrooms provide a relaxing retreat, while the secondary bedrooms offer flexibility for guests, a home office, nursery, or additional flex space, making each unit attractive to today's renters. Thoughtfully designed floor plans, low-maintenance living, and strong rental appeal make this property an ideal option for long-term tenants. With four separate units under one roof, investors benefit from diversified rental income while reducing vacancy risk. Whether you're looking for a cash-flowing investment property, a turnkey addition to your portfolio, or a multi-unit asset with long-term appreciation potential, this quadplex delivers exceptional value and opportunity.

Investor Tools

Property Icon
$360,000
Estimated Property Value
$0Estimated Mortgage Balance
$360,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Mallory Adams

OmniKey Realty, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$836/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,234
$354,373
2025
$44,250
$310,123
$354,373
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,234
$354,373

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$360,000
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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