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$450,000

1211 S Armstrong Ave, Denison, TX, 75020

On MarketInfo
Just AddedInfo
CommercialInfo
Beds Beds
Baths Bath
Baths957 Sq Ft
OfficeOffice
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
FlooringConcrete, Other

Exterior

Lot Size15,002 sqft

Building Information

Year Built1960
Garage Spaces9

Land Information

APND031 3052503
Lot Number1,2
SubdivisionDumas J P Addn
Land UseCommercial
Legal DescriptionDUMAS J P ADDN, BLOCK 49, LOT 1 & 2, ACRES .3444
Census Tract000700
Assessed Land Value$65,386
Assessed Improvement Value$138,446
Assessment Year2025

About this property

UNIQUE COMMERCIAL BUILDING KNOWN AS THE 7-UP BUILDING ready for new owners to bring business of choice to this corner property located close to the heart of the vibrant growing community of Main Street Denison Tx. This Property includes a residential area of approx. 1700sf, 2br, 2ba, with additional home office space or storage area. Open concept living room, Kitchen complete with custom concrete countertops and luxury vinyl flooring throughout. Connected yet separate additional rustic design office space with corrugated barn patina ceilings is 700sf along with 800 sf garage and 1300sf shop. Owner has current business here and resides at the property as well. Appointment is mandatory to show. Buyer and or Buyers Agent to verify all information presented in this listing as it is deemed accurate however not guaranteed.

Investor Tools

$189,966Estimated Mortgage Balance
$149,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,672
$145,037
2025
$65,386
$138,446
$203,832
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,672
$145,037

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Commercial
$200,000
No
First
Nov 16, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,966
N/A
0%
127%
$1,200/mo

City: Denison

1211 S Armstrong Ave | Property Details | No Agent List