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$1,588,980

NAL Estimated Property Value

1547 Elm Ridge Rd, Denison, TX, 75020

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,407 Sq Ft
price_per_sqft$644.26 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer, Water Softener
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony, Boat Slip, Private Yard
Lot Size1.84 acres

Building Information

Year Built2000
Stories2
Garage Spaces4

Land Information

APN023A6509012
Lot Number65,66
SubdivisionElm Ridge Homesite
Land UseResidential
Legal DescriptionELM RIDGE HOMESITE, LOT 65 & 66, ACRES 1.84
Census Tract000302
Assessed Land Value$765,486
Assessed Improvement Value$823,494
Assessment Year2025

About this property

This is your rare, once-in-a-lifetime opportunity to own a true piece of heaven on Lake Texoma. This beautiful, custom home sits privately at the end of an extraordinary peninsula in Elm Ridge Estates on just over 2 acres. Expansive windows showcase the beautiful shoreline and abundant trees just past the newly constructed concrete deck with multiple outdoor spaces to enjoy. The outdoor fireplace is the perfect spot to spend your evenings after dark, listening to the crackle of a warm fire. Sunsets are outstanding from your ourdoor patio or lower dining patio. TWO private water structures: 1 enclosed 2 boat dock with outside boat slip, and a swimming dock to help you spend long summer days on the water. Just minutes from Denison, Sherman and the expanding tollway into North Dallas will make your drives into the city a breeze, but you just won't want to leave! The observation tower to the south provides storage and a special view of the lake. Army Corps owns and manages the shoreline.

Investor Tools

Property Icon
$1,588,980
Estimated Property Value
$0Estimated Mortgage Balance
$1,588,980Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,170 /month
Positive
Cash Flow Estimate:
$4,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,802/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,684
$1,588,980
2025
$765,486
$823,494
$1,588,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,684
$1,588,980

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,588,980
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.

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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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1547 Elm Ridge Rd | Property Details | No Agent List