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$1,499,000

181 Monarch Drive, Denison, TX, 75020

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths5 Bath
Baths4,926 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$304.3 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesRefrigerator, Water Purifier, Built-In Refrigerator, Dishwasher, Electric Oven, Electric Water Heater, Gas Cooktop, Ice Maker, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Boat Slip, Fire Pit, Gas Grill, Rain Gutters, Outdoor Grill
Lot Size9,627 sqft

Building Information

Year Built2004
Garage Spaces7

Land Information

APN023B6804008
Lot Number8
SubdivisionMunson Point Addn
Land UseResidential
Legal DescriptionMUNSON POINT ADDN, LOT 8, ACRES .221
Census Tract000302
Assessed Land Value$275,018
Assessed Improvement Value$858,714
Assessment Year2025

About this property

Elevated lake living awaits in this exceptional four-story Lake Texoma retreat, perfectly positioned to capture panoramic water views from all directions. Located inside a sought-after gated community, this well-maintained home offers a rare combination of luxury, recreation, and investment potential just across the highway from the highly anticipated Preston Harbor development. Designed for both entertaining and everyday comfort, the home features five bedrooms, multiple living spaces, a private theater room, and an elevator servicing three floors. At the top, a spectacular crow’s nest surrounded by windows provides breathtaking 360-degree views of Lake Texoma, creating the perfect space to unwind, entertain, or simply take in the scenery. The spacious kitchen is complemented by a large pantry with built-in wine storage, while abundant storage throughout the home includes multiple walk-in attic spaces rarely found in lake properties. The primary suite offers a private retreat, and every level has been thoughtfully designed to maximize the incredible views. Step outside and enjoy the ultimate lake lifestyle. Three community stairways provide access to the shoreline, including a secluded sandy beach located just behind the home. A highly desirable boat slip is available for purchase, offering convenient access to the water and available exclusively to property owners within the gated community. Spend evenings gathered around the outdoor fire pit overlooking the lake, take a golf cart ride through the neighborhood, or enjoy nearby marinas, restaurants, and recreation. Whether you’re searching for a full-time residence, luxury vacation home, or investment opportunity, this one-of-a-kind Lake Texoma property delivers an unmatched combination of views, location, and lifestyle. Ask your favorite Realtor for a complete list of home features, community amenities, and boat slip details.

Investor Tools

$747,923Estimated Mortgage Balance
$710,077Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,994 /month
Positive
Cash Flow Estimate:
$2,998 /month

Interested in this property?

Michelle McCullough

HBL, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,143/month
$1,350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,428
$1,133,732
2025
$275,018
$858,714
$1,133,732
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,428
$1,133,732

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$885,000
No
First
Nov 26, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$747,923
$710,077
48%
51%
$3,613/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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181 Monarch Drive | Property Details | No Agent List