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$333,676

NAL Estimated Property Value

1500 W Morton St, Denison, TX, 75020

$394,021 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths6,000 Sq Ft
OfficeOffice
price_per_sqft$41.65 / sqft
Year BuiltBuilt in 1985

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesTankless Water Heater
FlooringCeramic Tile, Concrete, Vinyl

Exterior

Lot Size37,897 sqft

Building Information

Year Built1980

Land Information

APND009 3061001
Lot Number1-4,11
SubdivisionFishers(Replt Millers 2nd)
Land UseCommercial
Legal DescriptionFISHERS(REPLT MILLERS 2ND), BLOCK 35, LOT 1 2 3 4 11, ACRES .87
Census Tract000400
Assessed Land Value$156,136
Assessed Improvement Value$271,836
Assessment Year2025

About this property

Location Location Location! This property is on a high traffic corner and comes with a strip center that has 5 units, 4 units leased currently as a salon, thrift shop, warehouse storage, and front space is being built out for a smoothie shop. Separate building recently completely renovated and brought to code is leased to Mad House Tattoos. Water Express unit in the parking lot has long term lease in place. Both buildings have been painted and have had too many updates to list! Great investment opportunity! Current rent pays for the property and there is plenty of room to grow on the lot. Buyer to verify square footage and perform due diligence.

Investor Tools

Property Icon
$333,676
Estimated Property Value
$0Estimated Mortgage Balance
$333,676Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$394,020
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,002 /month
Positive
Cash Flow Estimate:
$667 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,460
$333,676
2025
$156,136
$271,836
$427,972
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,460
$333,676

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$333,676
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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1500 W Morton St | Property Details | No Agent List