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$278,317

1631 W Elm St, Denison, TX, 75020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,425 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.93 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Microwave

Exterior

Lot Size7,501 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APND009 3216005
Lot Number11
SubdivisionTones H 2nd Addn
Land UseResidential
Legal DescriptionTONES H 2ND ADDN, BLOCK 3, LOT 11, ACRES 0.1722
Census Tract000400
Assessed Land Value$43,125
Assessed Improvement Value$235,192
Assessment Year2025

About this property

New construction home with modern upgrades, recessed lighting throughout, and a beautiful cedar beam in the main living area. This open concept design seamlessly connects living, dining, and kitchen areas. The kitchen features granite counter tops, stainless steel appliances, and a walk-in pantry. Other spacious features include a separate walk-in laundry room, and walk-in closets. Relax on your back porch and enjoy your perfectly sizeable fenced in backyard. Unlock your new fresh beginning and schedule your tour to view this home today! Attn Buyers: Seller considers Concessions with full price offer. Preferred Lender Craig Johnson with Canopy Mortgage. Contact Agent for more details (832) 499-7577.

Investor Tools

Property Icon
$278,317
Estimated Property Value
$281,402Estimated Mortgage Balance
$4,854Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,709 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$571/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,465
$278,317
2025
$43,125
$235,192
$278,317
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,465
$278,317

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Fha
$281,402
Yes
First
Oct 10, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,463
$4,854
1%
98%
$1,688/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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1631 W Elm St | Property Details | No Agent List